Adopt the Aid to Municipalities Act

LB 291 creates a new state grant program called the Aid to Municipalities Act, providing cities and villages with funds to finance eligible infrastructure projects. Municipalities can apply for grants (capped at $5 million each) through the Department of Economic Development to cover construction, acquisition, or bond payments for projects like water systems, wastewater treatment, airports, convention centers, and transportation facilities (excluding public roads). The state will appropriate $15 million annually into a dedicated fund for these grants, requiring separate accounting to ensure funds are used solely for approved infrastructure. This bill directly affects Nebraska municipalities by offering new state financial support for critical local infrastructure development.