LB450

Amends the Property Assessed Clean Energy Act to redefine terms and change provisions for clean energy assessment districts.

Nebraska LB450 amends the Property Assessed Clean Energy Act by redefining terms and changing provisions for clean energy assessment districts. The bill redefines terms such as "energy efficiency improvement," "grid resiliency improvement," and "renewable energy system." It also changes provisions for creating clean energy assessment districts, including the requirement for a public hearing and the process for creating such districts. The bill aims to promote energy efficiency, grid resiliency, and renewable energy systems to benefit Nebraska's citizens.