
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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