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NE LB1167

NE LB1167
State intent regarding appropriations to the Department of Economic Development


summary

Introduced
01/21/2026
In Committee
01/23/2026
Crossed Over
Passed
Dead

Introduced Session

Potential new amendment
109th Legislature

Bill Summary

A BILL FOR AN ACT relating to appropriations; to amend Laws 2025, , section 246; to state intent regarding appropriations; and to repeal the original section.

AI Summary

This bill amends existing law to clarify the intended use of funds appropriated to the Department of Economic Development for fiscal year 2026-2027. Specifically, it directs that $11,020,352 in General Funds, which are state tax revenues, allocated for state aid under the Business Innovation Act must be used for awarding grants and providing technical assistance. Furthermore, it specifies that within that amount, $3,000,000 is to be specifically used for grants and technical assistance under the Business Innovation Act for the microenterprise assistance program, which supports small businesses. The bill also repeals the original section of the 2025 law it is amending.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Appropriations Hearing (13:30:00 2/12/2026 Room 1003) (on 02/12/2026)

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