Nebraska LB290 amends grant funding provisions for business parks under the Economic Recovery Act.
Nebraska LB290 modifies the Economic Recovery Act by changing provisions for grant funding aimed at developing business parks. The bill specifies that grants will not be awarded to innovation hubs and requires recipients to attend community advisory committee meetings. It outlines various uses for grant funds, including developing business parks, preparing land parcels for affordable housing, and providing financial literacy programs. The bill also emphasizes the importance of prioritizing grants for communities disproportionately impacted by the COVID-19 pandemic.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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