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BILL • NE LEGISLATURE
LB 650

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

Introduced by Brad von Gillern,

Creates the Community Development Assistance Act to certify distressed-area programs and grant tax credits for private donations, while sunsetting many other incentives.

Approved by Governor on May 6, 2025
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Bill Summary • LB 650
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