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LB 650 Legislature · 109th Legislature (2025-2026)

Adopt the Community Development Assistance Act and change provisions relating to land banks, property tax exemptions, real property sold for delinquent taxes, sales tax provisions, and certain tax credits

LB 650 updates Nebraska's tax and development laws by amending multiple statutes related to revenue, property tax, and tax credits. It sets a sunset date for sports complex and stadium applications under the Sports Arena Facility Financing Assistance Act, eliminates sales tax exemptions for internet towers, net wrap, and twine, and adjusts sales tax collection fees. The bill also modifies tax credit programs under acts like the Nebraska Advantage Rural Development Act and the Renewable Chemical Production Tax Credit Act, while repealing outdated provisions including the Sustainable Aviation Fuel Tax Credit Act. These changes primarily affect businesses, local governments, and developers utilizing tax incentives for community development projects.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCloses tax loopholes by eliminating sales tax exemptions for internet towers and agricultural products, strengthening state revenue collection.95% confidence
Bill status signed all 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
Legislature Passage
Apr 2025
Legislature Passage
Apr 2025
Signed into Law
May 2025
Introduced Jan 22, 2025 Signed May 6, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

Introduced → Enrollment and Review ER45 · 4 edits
MODERATE
This bill was amended during enrollment and review to restructure the Community Development Assistance Act. The changes primarily involve updating the bill's title page information, reorganizing the sections, and adding new definitions for key terms like 'area of chronic economic distress' and 'community services.' The substantive policy content regarding tax credits and community assistance appears to remain largely intact, though the formatting and organization have been significantly altered.
Scope change
The bill's scope remains focused on providing tax incentives and assistance for community development in economically distressed areas of Nebraska, but the definitions and organizational structure have been updated.
TECHNICAL

The bill's title page was updated to reflect enrollment status (ER45) and changed the committee attribution from Revenue to Enrollment and Review.

The bill's section numbering and organization were restructured, with original sections being struck and replaced with new sections containing the same substantive provisions in a different format.

DEFINITION

New definitions were added for 'area of chronic economic distress,' 'business firm,' 'community assistance,' 'community betterment organization,' 'community development area,' 'community services,' 'department,' and 'director' to clarify eligibility and program requirements.

REQUIREMENT

The criteria for designating an area of chronic economic distress were updated to include unemployment rate, per capita income, and population loss conditions.

Floor votes · Legislature Apr 11, 2025

How they voted

38–0
Passed · 11 other
Total votes 49
Apr 11, 2025
N Nonpartisan49
38 Yea 11
77% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
67
Key actions
11
Committee
2
Amendments
5
Jun 6, 2025
Introduced
Provisions/portions of LB547 amended into LB650 by AM923
legislature
Jun 6, 2025
Introduced
Provisions/portions of LB495 amended into LB650 by AM923
legislature
Jun 6, 2025
Introduced
Provisions/portions of LB494 amended into LB650 by AM923
legislature
Jun 6, 2025
Introduced
Provisions/portions of LB458 amended into LB650 by AM923
legislature
Jun 6, 2025
Introduced
Provisions/portions of LB270 amended into LB650 by AM923
legislature
May 6, 2025
Signed into law
Approved by Governor on May 6, 2025
executive
Apr 30, 2025
Legislature · Passed
President/Speaker signed
legislature
Apr 30, 2025
Legislature · Passed
Passed on Final Reading with Emergency Clause 40-7*-2
legislature
Apr 24, 2025
Legislature · Passed
Hallstrom AM1066 adopted
legislature
Apr 24, 2025
Legislature · Passed
von Gillern AM1132 adopted
legislature
Apr 24, 2025
Legislature · Passed
von Gillern AM1118 adopted
legislature
Apr 24, 2025
Legislature · Passed
Enrollment and Review ER45 adopted
legislature
Apr 11, 2025
Legislature · Passed
Revenue AM923 adopted
legislature
Apr 11, 2025
Legislature · Passed
von Gillern AM1020 adopted
legislature
Apr 11, 2025
Legislature · Passed
von Gillern AM981 adopted
legislature
Apr 9, 2025
Legislature · Passed
Placed on General File with AM923
legislature
Jan 24, 2025
Committee
Referred to Revenue Committee
legislature
Jan 22, 2025
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brad von Gillern
Brad von Gillern
NNonpartisan
NE
4