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LR 146

Interim study to examine the intersection of tax increment financing and affordable housing within the State of Nebraska

109th Legislature (2025-2026)

Interim study by Urban Affairs to examine how Tax Increment Financing impacts affordable housing in Nebraska and recommend reforms, with a final report to the Legislature.

Notice of hearing for October 24, 2025
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Bill Summary · LR 146

Summary of Nebraska LR 146 (2025)

Overview

  • Bill type: Legislative Resolution (interim study)
  • Bill number: LR 146
  • Title: Interim study to examine the intersection of tax increment financing and affordable housing within the State of Nebraska
  • Status: Notice of hearing scheduled for October 24, 2025
  • Introduced: May 7, 2025
  • Classification: Resolution

Purpose and scope

  • LR 146 proposes an interim study to explore how Tax Increment Financing (TIF) interacts with affordable housing in Nebraska.
  • The study is also intended to examine ways to improve the Nebraska Community Development Law to promote the creation of more affordable housing.
  • The primary aim is to identify policy options, financing approaches, or statutory adjustments that could enhance the effectiveness of affordable housing initiatives through TIF and related community development tools.

Key provisions

  • Designates the Urban Affairs Committee to conduct the interim study.
  • Requires the committee to produce a final report detailing findings and recommendations to the Legislative Council or the Legislature after completing the study.
  • The resolution does not enact new laws; it authorizes an investigative process with potential policy recommendations.

Affected parties

  • State government and the Legislature
  • Municipalities and local governments utilizing or considering TIF
  • Developers and investors involved in affordable housing projects
  • Nonprofit organizations and community development stakeholders
  • Nebraska residents, particularly households affected by housing affordability

Procedural/timeline aspects

  • May 7, 2025: Introduced and referred to the Executive Board.
  • May 19, 2025: Referred to the Urban Affairs Committee.
  • September 18, 2025: Notice of hearing issued for October 24, 2025.
  • Outcome: Upon conclusion, the Urban Affairs Committee will submit a report with findings and recommendations to the Legislative Council or Legislature.

Potential impact and considerations

  • The interim study could inform future legislative actions related to TIF use and affordable housing policy.
  • Possible outcomes include recommendations for reforms to the Community Development Law, enhanced oversight, targeted affordability criteria, or adjustments to incentives to support the development of affordable housing.
  • As a resolution, LR 146 itself does not change law but sets the stage for informed decision-making based on the study’s results.

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

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