This bill proposes the transfer of funds to support workforce housing in Nebraska. Specifically, it states the intent of the Legislature to allocate a total of fifty million dollars from the General Fund over two fiscal years: twenty-five million dollars for fiscal year 2025-26 and another twenty-five million dollars for fiscal year 2026-27. These funds are designated for the Rural Workforce Housing Investment Fund, which will be used to provide grants for workforce housing under the Rural Workforce Housing Investment Act.

Additionally, the bill declares an emergency, allowing it to take effect immediately upon passage and approval. This urgency underscores the importance of addressing workforce housing needs in rural areas of Nebraska promptly.