WeVote
Log In

Bill

Bill

LB 1163

Change provisions relating to the Property Assessed Clean Energy Act

109th Legislature (2025-2026) Introduced by John Fredrickson

Nebraska bill modifies Property Assessed Clean Energy financing rules for residential and commercial energy efficiency upgrades funded through property tax assessments.

Notice of hearing for February 03, 2026
0
WeVote Research Nonpartisan
Bill Summary · LB 1163

Legislative bill overview

LB 1163 modifies Nebraska's Property Assessed Clean Energy (PACE) Act, which allows property owners to finance energy efficiency and renewable energy improvements through assessments on their property tax bills. The bill adjusts existing provisions governing how these programs operate, though specific amendments are not detailed in the available legislative record.

Why is this important

PACE programs help property owners afford clean energy upgrades by spreading costs over time through property tax assessments rather than requiring upfront capital. Changes to PACE provisions can affect program accessibility, consumer protections, lender requirements, and the state's clean energy adoption rates—impacting both homeowner finances and environmental goals.

Potential points of contention

  • Consumer protection vs. program expansion: PACE programs have faced national scrutiny over aggressive sales tactics and liens that can impede property sales; revisions may either strengthen safeguards or streamline requirements
  • Lender and investor interests: Changes may affect how loans are structured, securitized, or assessed, influencing financial institutions' participation and ultimately program availability
  • Local government authority: Modifications could shift responsibility between state oversight and municipal implementation of PACE programs

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

Sign in to ask a question.