Bill > LB88

This bill appropriates $1 million total in state funds to the Department of Economic Development, specifically allocating $500,000 from the General Fund for fiscal year 2025-26 and another $500,000 for fiscal year 2026-27. The funds are designated as state aid with a specific intended purpose: to contract for educational programming and technical expertise focused on downtown and mainstreet revitalization, business growth, and historic preservation across the state's communities. The Legislature expresses its intent to continue this $500,000 annual appropriation, emphasizing that the funds can only be used for the specified educational and technical assistance programs. By providing these funds, the bill aims to support local economic development efforts by offering communities professional guidance and resources to enhance their downtown areas, support business expansion, and preserve historical infrastructure.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=58898