This bill appropriates funds to the Department of Economic Development for state aid, specifically allocating $500,000 from the General Fund for fiscal years 2025-26 and 2026-27. The bill stipulates that these funds are designated solely for state aid purposes. Additionally, it expresses the Legislature's intent to allocate $500,000 annually from the General Fund to support educational programming and technical expertise related to downtown or mainstreet revitalization, business growth, and historic preservation in communities across Nebraska.
The bill emphasizes that the appropriated funds must be used exclusively for the stated purposes, ensuring that the financial support directly contributes to the development and revitalization efforts within the state. This legislative action aims to bolster economic growth and community enhancement through targeted funding initiatives.