Nebraska LB1191 amends the Nebraska Advantage Act to modify employment and investment requirements for certain projects.
Nebraska LB1191 changes provisions under the Nebraska Advantage Act, affecting employment and investment requirements for projects. The bill alters the time periods for meeting employment and investment levels for specific project tiers. It also modifies the application process for agreements under the act, including the required application fee and the information needed in the application. The bill specifies that carryover credits and property tax exemptions do not preclude new investment or employment from being considered new.
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- Core Provisions
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- Legal Framework
- Critical Issues
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