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NE LB719

Bill

Status

Passed

2/25/2026

Primary Sponsor

Michael Jacobson

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Expands the definition of "project" under the Nebraska Rural Projects Act to include infrastructure development costs on property not owned by the applicant, provided they directly benefit and are critical to a business park's development

  • Newly eligible expenses include acquisition of rights-of-way, easements, and adjacent properties for street access; construction of turning lanes from major highways; rail spurs and drop/pull rail yards connected to main railroad lines; and utility improvements (water, electric, wastewater, storm water, natural gas)

  • Changes eligibility for initial tenant assistance from exclusive ("or") to inclusive ("and"), allowing both tenant assistance and off-site infrastructure costs to qualify

  • Declared an emergency measure, taking effect immediately upon passage and approval by the Governor on February 25, 2026

  • Introduced by Senator Jacobson, District 42, amending Section 81-12,203 of the Reissue Revised Statutes of Nebraska

Legislative Description

Redefine a term under the Nebraska Rural Projects Act

Last Action

Approved by Governor on February 25, 2026

2/25/2026

Committee Referrals

Banking, Commerce and Insurance1/9/2026

Full Bill Text

No bill text available