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LB 288A

Appropriation Bill

109th Legislature (2025-2026) Introduced by Terrell McKinney

LB 288A grants two-year funding from housing funds to the Department of Economic Development’s Program 601 to execute LB 288, advancing housing initiatives.

Approved by Governor on May 30, 2025
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Bill Summary · LB 288A

Summary — LB 288A (2025) — Appropriation Bill

Status: Approved by Governor May 30, 2025
Introduced: May 6, 2025 — Sponsor: Sen. McKinney (District 11)
Final vote (Final Reading): Passed 44–5–0 on May 28, 2025

Purpose

LB 288A is an appropriation bill that provides dedicated funding to the Department of Economic Development to support implementation of Legislative Bill 288 (One Hundred Ninth Legislature, First Session, 2025). The funding comes from two housing-related state funds and is earmarked for Program 601 within the Department.

Key provisions and dollar amounts

  • Appropriates funds for two fiscal years to the Department of Economic Development, Program 601, specifically to aid in carrying out LB 288:
    • FY2025–26:
    • $97,030 from the Middle Income Workforce Housing Investment Fund
    • $103,200 from the Affordable Housing Trust Fund
    • FY2026–27:
    • $118,110 from the Middle Income Workforce Housing Investment Fund
    • $126,410 from the Affordable Housing Trust Fund
  • Salary/per diem cap: Total expenditures from the funds appropriated in this section for permanent and temporary salaries and per diems shall not exceed:
    • $103,520 for FY2025–26
    • $138,030 for FY2026–27

Who is affected

  • Department of Economic Development — receives the appropriations and will administer Program 601 activities related to LB 288.
  • The appropriations are drawn from the Middle Income Workforce Housing Investment Fund and the Affordable Housing Trust Fund (dedicated housing funds), not the state General Fund.
  • Indirectly affected parties depend on LB 288’s substantive provisions (housing-related programs, grants, or incentives): entities and individuals participating in or served by those programs (e.g., housing developers, local governments, eligible households). (LB 288’s specific programmatic details are separate from this appropriation bill.)

Procedural/timeline notes

  • Introduced May 6, 2025; advanced through General File, Select File, Enrollment and Review; placed on Final Reading May 19; Passed Final Reading May 28; presented to Governor May 28; approved by Governor May 30, 2025.
  • Bill implements (provides the funding necessary to carry out) provisions of LB 288 for the two specified fiscal years.

Context

LB 288A is a fiscal/implementing measure: it does not change policy language itself but allocates specified housing-related fund resources to ensure the Department of Economic Development can carry out the activities established by LB 288.

Compiled from official sources — confirm details with the bill’s official record.

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