NE LB355

Updates multiple Nebraska economic development statutes to use the American Community Survey 5-Year Estimate instead of or in addition to the federal decennial census for determining poverty rates, unemployment rates, and population data

Affects definitions of "high concentration of poverty areas," "extremely blighted areas," and "economic redevelopment areas" used in the Convention Center Facility Financing Assistance Act, Community Development Law, ImagiNE Nebraska Act, Urban Redevelopment Act, and Nebraska Innovation Hub Act

Allows the Department of Economic Development to determine county population for unincorporated areas when census data is not available for development district funding allocations

Changes committee membership criteria for poverty area development committees in metropolitan cities to use American Community Survey data rather than decennial census data

Declared an emergency measure, approved by the Governor on April 14, 2025, with an operative date of July 1, 2025