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NE LB399
Bill
Status
5/21/2025
Primary Sponsor
Dave Wordekemper
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AI Summary
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Lowers the population threshold for rural or suburban fire protection districts and mutual finance organizations to qualify for Mutual Finance Assistance Fund distributions from 80% to 60% of the assumed county population residing outside cities of the first, primary, or metropolitan class
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Removes obsolete transitional language from Laws 2020, LB1130 regarding eligibility for funding paid on or before May 1, 2021
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Maintains existing requirements that mutual finance organizations enter three-year agreements with members levying the same agreed-upon property tax rate for at least one of the three tax years
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Becomes operative on October 1, 2025
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Introduced by Senator Wordekemper (District 15) and approved by the Governor on May 20, 2025
Legislative Description
Change provisions relating to property tax rates and qualifications for certain distributions under the Mutual Finance Assistance Act
Last Action
Approved by Governor on May 20, 2025
5/21/2025