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Bill > LB265

NE LB265

Adopt the Manufacturing Modernization and Workforce Development Pilot Investment Act, transfer, change, and eliminate funds, change provisions relating to the state unemployment insurance tax rate, and eliminate the Nebraska Worker Training Board

summary

Introduced
01/15/2025
In Committee
01/17/2025
Crossed Over
02/20/2025
Passed
06/02/2025
Dead

Introduced Session

109th Legislature

Bill Summary

A BILL FOR AN ACT relating to law; to amend sections 48-602, 48-648, 48-649.01, 48-657, 48-3405, 81-407, 81-1201.21, and 84-612, Reissue Revised Statutes of Nebraska, and sections 48-622.01, 48-622.02, 48-626, and 48-649.03, Revised Statutes Cumulative Supplement, 2024; to adopt the Manufacturing Modernization and Workforce Development Pilot Investment Act; to eliminate certain funds and change certain references to funds; to change provisions relating to the state unemployment insurance tax rate and the Workforce Development Program Cash Fund; to state legislative intent relating to certain benefits under the Employment Security Law; to provide for transfers from the Cash Reserve Fund and the Workforce Development Program Cash Fund; to eliminate the Nebraska Worker Training Board and certain fund transfers; to harmonize provisions; to provide an operative date; to repeal the original sections; to outright repeal section 48-622.03, Reissue Revised Statutes of Nebraska, and sections 22, 32, and 100, Legislative Bill 264, One Hundred Ninth Legislature, First Session, 2025; and to declare an emergency.

AI Summary

This bill establishes the Manufacturing Modernization and Workforce Development Pilot Investment Act, which aims to provide one-time grants to eligible manufacturing operations for capital investments that increase productivity and technology integration. The bill defines eligible manufacturing operations as businesses in the manufacturing sector with at least three full-time employees, a minimum of three years in operation, and the ability to provide matching financial support. From October 1, 2025, to November 1, 2026, manufacturers can apply for grants up to $50,000, with the grant amount matching the private financial support provided. The Department of Labor will administer the program, awarding up to $250,000 in total grants from the Workforce Development Program Cash Fund. The bill also makes several technical changes to unemployment insurance and workforce development funds, including terminating certain existing funds and transferring their balances to the Workforce Development Program Cash Fund. Additionally, the bill includes provisions for transferring $2,950,000 from the Workforce Development Program Cash Fund to the General Fund in fiscal year 2025-2026 and eliminates the Nebraska Worker Training Board. The act will become operative on July 1, 2025, with an emergency clause allowing immediate implementation upon passage.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Presented to Governor on June 2, 2025 (on 06/02/2025)

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Document Type Source Location
State Bill Page https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59113
BillText https://nebraskalegislature.gov/FloorDocs/109/PDF/Engrossed/LB265.pdf
BillText https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB265.pdf
Enrollment and Review ST49 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/ST49.pdf
Cavanaugh, M. AM1645 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1645.pdf
Conrad AM1643 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1643.pdf
Conrad MO339 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/MO339.pdf
Dungan FA340 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA340.pdf
Dungan FA339 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA339.pdf
Conrad FA338 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA338.pdf
Conrad FA337 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA337.pdf
Conrad FA336 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/FA336.pdf
Conrad MO338 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/MO338.pdf
Raybould AM1634 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1634.pdf
Conrad AM1486 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1486.pdf
Conrad AM1484 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1484.pdf
Clements AM1636 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1636.pdf
Cavanaugh, J. MO330 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/MO330.pdf
Cavanaugh, J. MO329 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/MO329.pdf
Conrad AM1466 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM1466.pdf
Conrad AM977 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM977.pdf
Sorrentino AM900 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM900.pdf
Enrollment and Review ER17 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/ER17.pdf
Conrad AM265 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM265.pdf
Conrad AM262 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM262.pdf
Conrad AM259 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM259.pdf
Conrad AM261 https://nebraskalegislature.gov/FloorDocs/109/PDF/AM/AM261.pdf
Analysis - Committee Statement https://nebraskalegislature.gov/FloorDocs/109/PDF/CS/LB265.pdf
Fiscal Note for LB265 https://nebraskalegislature.gov/FloorDocs/109/PDF/FN/LB265_20250131-123800.pdf
Analysis - Statement of Intent https://nebraskalegislature.gov/FloorDocs/109/PDF/SI/LB265.pdf
BillText https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB265.pdf
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