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Nebraska Bill to Prioritize OZs for State Boosts Goes to Governor

Monday, April 22, 2019 - 9:30AM

Legislation in Nebraska that would give priority to federal opportunity zones (OZs) in receiving funds from the state Affordable Housing Trust Fund (HTF) and other programs unanimously passed the state Legislature and is now on the desk of Gov. Pete Ricketts. L.B. 87 would add OZs to state enterprise zones as areas that receive priority in funding from HTF allocations, the Job Training Cash Fund, the Site and Building Development Fund and the Business Innovation Act. Gov. Ricketts has until Wednesday to veto the bill. If he signs or takes no action, it becomes law.

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