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LEGISLATURE OF NEBRASKA
ONE HUNDRED NINTH LEGISLATURE
SECOND SESSION
LEGISLATIVE BILL 806
Introduced by Ibach, 44.
Read first time January 07, 2026
Committee: Appropriations
A BILL FOR AN ACT relating to the Site and Building Development Act; to1
amend section 81-12,147, Reissue Revised Statutes of Nebraska; to2
provide for a grant to a city of the first class; to state intent to3
appropriate funds; and to repeal the original section.4
Be it enacted by the people of the State of Nebraska,5
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Section 1. Section 81-12,147, Reissue Revised Statutes of Nebraska,1
is amended to read: 2
81-12,147 (1) Except as provided in subsection (2) of this section,3
the Department of Economic Development shall use the Site and Building4
Development Fund to finance loans, grants, subsidies, credit5
enhancements, and other financial assistance for industrial site and6
building development and for expenses of the department as appropriated7
by the Legislature for administering the fund. The following activities8
are eligible for assistance from the fund: 9
(a) Grants or zero-interest loans to villages, cities, or counties10
to acquire land, infuse infrastructure, or otherwise make large sites and11
buildings ready for industrial development; 12
(b) Matching funds for new construction, rehabilitation, or13
acquisition of land and buildings to assist villages, cities, and14
counties; 15
(c) Technical assistance, design and finance services, and16
consultation for villages, cities, and counties for the preparation and17
creation of industrial-ready sites and buildings; 18
(d) Loan guarantees for eligible projects; 19
(e) Projects making industrial-ready sites and buildings more20
accessible to business and industry; 21
(f) Infrastructure projects necessary for the development of22
industrial-ready sites and buildings; 23
(g) Projects that mitigate the economic impact of a closure or24
downsizing of a private-sector entity by making necessary improvements to25
buildings and infrastructure; 26
(h) Public and private sector initiatives that will improve the27
military value of military installations by making necessary improvements28
to buildings and infrastructure, including, but not limited to, a grant29
for the establishment of the United States Strategic Command Nuclear30
Command, Control, and Communications public-private-partnership facility;31
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(i) A grant to a city of the second class that is served by two1
first-class railroads, that is within fifteen miles of two state borders,2
and that partners with public power utilities for purposes of expanding3
electrical system capacities and enhancing redundancy and resilience;4
(j) A grant of two million dollars to a city of the first class5
located in the third congressional district if the property previously6
housed a university or college that is no longer extant and if the7
improvement and revitalization of the real property is for purposes of8
supporting the housing, employment, and program needs of youth exiting9
the foster care system. In addition, the real property may be used for10
youth exiting juvenile court supervision in an out-of-home placement;11
(k) Public and private sector initiatives that will improve the12
value of cities of the second class that have partnered with the United13
States Department of Defense or its contractors on upgrades to ground-14
based nuclear deterrence. Such improvements include the construction of15
electrical, drinking water, and clean water infrastructure; and16
(l) Identification, evaluation, and development of large commercial17
and industrial sites and building infrastructure to attract major18
investment and employment opportunities for advanced manufacturing,19
processing, trade, technology, aerospace, automotive, clean energy, life20
science, and other transformational industries in Nebraska by means of21
the department providing grants to or partnering with political22
subdivisions, including inland port authorities under the Municipal23
Inland Port Authority Act, or nonprofit economic development corporations24
and entering into contracts for consulting, engineering, and development25
studies to identify, evaluate, and develop large commercial and26
industrial sites in Nebraska; and . 27
(m) A grant to a city of the first class in a county with a28
population of less than fifty thousand inhabitants impacted by a sudden29
and significant private-sector entity closure or downsizing that will30
have a significant impact on the community. The grant shall be used to31
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mitigate the economic impact of the closure or downsizing by making1
necessary improvements to the buildings or infrastructure related to the2
assets of the private-sector entity. 3
(2) The Department of Economic Development shall use the subaccount4
of the Site and Building Development Fund described in subsection (2) of5
section 81-12,146 to provide financial assistance to any inland port6
authority created under the Municipal Inland Port Authority Act to help7
finance large shovel-ready commercial and industrial sites developed8
under such act. 9
(3) It is the intent of the Legislature to appropriate XX dollars10
from the General Fund for purposes of carrying out subdivision (1)(m) of11
this section. 12
Sec. 2. Original section 81-12,147, Reissue Revised Statutes of13
Nebraska, is repealed. 14
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