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LB 583

Change provisions relating to the rate and disbursement of the documentary stamp tax, the Child Care Grant Fund, child care grants, the Military Installation Development and Support Fund, the Affordable Housing Trust Fund, the Innovation Hub Cash Fund, the Economic Recovery Contingency Fund, and the Health Care Homes for the Medically Underserved Fund

109th Legislature (2025-2026) Introduced by Ashlei Spivey

Bill 6 SummaryBill Number: LB 583Title: Change provisions relating to the rate and disbursement of the documentary stamp tax, the Child Care Grant Fund, child care grants, the Mili

Title printed. Carryover bill
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Bill Summary · LB 583

Bill 6 Summary

Bill Number: LB 583
Title: Change provisions relating to the rate and disbursement of the documentary stamp tax, the Child Care Grant Fund, child care grants, the Military Installation Development and Support Fund, the Affordable Housing Trust Fund, the Innovation Hub Cash Fund, the Economic Recovery Contingency Fund, and the Health Care Homes for the Medically Underserved Fund
Status: Notice of hearing for February 21, 2025
Introduced: January 22, 2025

Key Points:
- Increases the documentary stamp tax to $3.30 per $1,000 of real estate value
- Distributes the additional revenue to funds for child care, military support, innovation hubs, federally qualified health centers, and other existing funds

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

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