The resolution proposes an interim study to evaluate the various economic development programs, policies, and incentives managed by the state of Nebraska. The aim is to create a comprehensive inventory of these initiatives to enhance transparency, coordination, fiscal oversight, and long-term strategic planning related to economic growth, workforce development, and community development. The study will encompass a wide range of areas, including programs administered by various state departments, quasi-public entities, tax incentives, federal pass-through programs, and statutory provisions that impact business and economic competitiveness.

The Revenue Committee of the Legislature is tasked with conducting this study, which will involve collaboration with representatives from relevant state agencies, economic development organizations, and other stakeholders. Upon completion, the committee is required to report its findings and recommendations to the Legislative Council or the Legislature, aiming to identify overlaps, gaps, and opportunities for improved coordination in Nebraska's economic development efforts.