Issues

Economic Development

Position

PASSED-Nebraska Super Advantage LB895
Creates new incentives for businesses that provide high-paying jobs in Nebraska. To qualify, companies must create at least 75 new jobs and make a $10 million capital investment or create 50 new jobs and make a $100 million capital investment. The bill also includes provisions from LB1033, which expands the Nebraska Rural Advantage Act. State Chamber Supported.

PASSED-Roads Funding LB846
Provides $15 million in roads funding from the state's cash reserve, allowing lawmakers to avoid a fuel tax increase while providing the matching funds needed for approximately $75 million in federal highway funds. The bill also creates a new fuel tax mechanism to stabilize future highway funding. State Chamber Supported.

PASSED-State Fair Park/NU Research LB1116
Facilitates the agreement reached by the Nebraska State Fair Board and other parties to relocate the Nebraska State Fair by 2010. The move will make way for the University of Nebraska's Innovation Park, a public-private development that could create high-paying jobs and speed technological advances. State Chamber Supported.

PASSED-Bonding for Non-Profits LR5CA
Allows voters to amend the state constitution to authorize the use of revenue bonds to develop property for use by non-profit enterprises. Bond funds would be restricted to activities deemed for a public purpose. State Chamber Supported.

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