The proposed bill establishes the Restitution and Redress for Redlining Task Force Act in Nebraska, which aims to address the historical injustices of redlining. The task force will consist of seven members appointed by the Governor, focusing on representing communities affected by redlining. Its responsibilities include studying the impacts of redlining, developing reparation proposals for victims and their descendants, and recommending educational and remedial actions. The task force is required to submit annual reports to the Legislature detailing its findings and recommendations until its termination on November 1, 2028.

Additionally, the bill amends existing statutes to allocate proceeds from the Marijuana and Controlled Substances Tax Administration Cash Fund to the newly created Restoration Study Fund, which will support the task force's activities until November 1, 2028. The bill also clarifies the distribution of funds related to seizures under the Uniform State Tax Lien Registration and Enforcement Act, specifying that proceeds will be credited to the county treasurer's fund based on the location of the seizure. Furthermore, it establishes the Marijuana and Controlled Substances Tax Administration Cash Fund for the Tax Commissioner’s use and allows for transfers to the Restoration Study Fund until the specified termination date, while repealing certain original sections of the Reissue Revised Statutes of Nebraska.

Statutes affected:
Introduced: 77-4310.01, 77-4310.03