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Bill > LB741


NE LB741

NE LB741
State intent to transfer money and appropriate funds relating to housing


summary

Introduced
01/18/2023
In Committee
01/20/2023
Crossed Over
Passed
Dead
04/18/2024

Introduced Session

108th Legislature

Bill Summary

A BILL FOR AN ACT relating to appropriations; to state legislative intent to transfer and appropriate funds for workforce housing; and to declare an emergency.

AI Summary

This bill expresses the intent of the Nebraska Legislature to transfer $25 million from the General Fund to the Rural Workforce Housing Investment Fund for fiscal year 2023-24 and another $25 million for fiscal year 2024-25 to provide workforce housing grants under the Rural Workforce Housing Investment Act. Additionally, the bill intends to appropriate $25 million from the General Fund to the Affordable Housing Trust Fund for each of those fiscal years to finance loans, grants, subsidies, and other financial assistance for community affordable housing projects and for the administration of the Affordable Housing Trust Fund under the Nebraska Affordable Housing Act. The bill also declares an emergency, indicating that it will take effect immediately upon passage and approval.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Indefinitely postponed (on 04/18/2024)

bill text


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