Authorize the issuance of conduit revenue bonds under the Community Development Law
LB 1168 amends Nebraska's Community Development Law to explicitly authorize cities and redevelopment authorities to issue "conduit revenue bonds" under specific taxpayer agreements. These bonds allow private entities (like developers) to fund redevelopment projects while cities use tax increment financing, with private parties repaying bond costs through agreed-upon payments. The bill primarily affects cities pursuing redevelopment in designated "extremely blighted areas" under Sections 18-2101.02 and 18-2147, streamlining how they structure financing for projects like housing or commercial development. Key changes include updating bond issuance rules in Section 18-2124 to include conduit bonds and harmonizing related reporting requirements in Sections 18-2101.02 and 18-2117.01.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2026
Last action Apr 17, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
0
Committee
2
Amendments
1
Apr 17, 2026
Introduced
Provisions/portions of LB1168 amended into LB1135 by AM2460
legislature
Apr 17, 2026
Committee
Indefinitely postponed
legislature
Jan 23, 2026
Committee
Referred to Urban Affairs Committee
legislature
Jan 21, 2026
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Woody Wordekemper
NNonpartisan
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