reglab/housing_qa huggingface dataset:
NE Code § 81-12,156 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,156 - Funding; preference.

81-12,156.  Funding; preference.When selecting projects for funding under the Business Innovation Act, the department shall give a preference to projects located in whole or in part within an enterprise zone designated pursuant to the Enterprise Zone Act or an opportunity zone designated pursuant to the federal Tax Cuts and Jobs Act, Public Law 115-97.Source  Laws 2011, LB387, § 5;  Laws 2014, LB800, § 8;  Laws 2017, LB217, § 35;  Laws 2019, LB87, § 4.  Cross References  Enterprise Zone Act, see section 13-2101.01.
NE Code § 81-12,157 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,157 - Planning grants; phase one program; limitations.

81-12,157.  Planning grants; phase one program; limitations.(1) The department shall establish a phase one program to provide grants to small businesses that qualify under the federal grant program for the purposes of planning for an application under the federal grant program. If a small business receives funding under the federal grant program, the department or a nonprofit entity designated by the department may make grants to match up to sixty-five percent of the amount of the federal grant.(2) Planning grants under subsection (1) of this section shall not exceed five thousand dollars per project. Federal award matching grants under this section shall not exceed one hundred thousand dollars. No business shall receive funding for more than one project every two years.(3) The department may award up to four million dollars per year for grants under this section.Source  Laws 2011, LB387, § 6;  Laws 2015, LB449, § 2.
NE Code § 81-12,158 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,158 - Financial assistance program to create prototype of certain products; established; funds; match required; limitation.

81-12,158.  Financial assistance program to create prototype of certain products; established; funds; match required; limitation.(1) The department shall establish a financial assistance program to provide financial assistance to businesses that employ no more than five hundred employees or to individuals for the purposes of creating a prototype of a product stemming from research and development at a business operating in Nebraska or a public or private college or university in Nebraska.(2) Funds shall be matched by nonstate funds equivalent in money equal to fifty percent of the funds requested. Matching funds may be from any nonstate source, including private foundations, federal or local government sources, quasi-governmental entities, or commercial lending institutions, or any other funds whose source does not include funds appropriated by the Legislature. The amount the department may provide shall not exceed one hundred fifty thousand dollars per project.(3) A business or individual applying for financial assistance under this section shall include a business plan that includes a proof-of-concept demonstration.(4) Financial assistance under this section shall be expended within twenty-four months after the date of the awarding decision.(5) The department may award up to four million dollars per year for financial assistance under this section.Source  Laws 2011, LB387, § 7;  Laws 2015, LB449, § 3.
NE Code § 81-12,159 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,159 - Innovation in value-added agriculture program; established; purpose; eligibility; match required; limitation.

81-12,159.  Innovation in value-added agriculture program; established; purpose; eligibility; match required; limitation.(1) The department shall establish an innovation in value-added agriculture program. The purpose of this program is to provide financial assistance to:(a) Support small enterprise formation in the agricultural sector of Nebraska's rural economy, including innovative efforts for value-added enterprises;(b) Support the development of agricultural communities and economic opportunity through innovation in farming and ranching operations, rural communities, and businesses for the development of value-added agricultural products;(c) Enhance the income and opportunity for farming and ranching operations in Nebraska in order to stem the decline in their numbers;(d) Increase the farming and ranching operations' share of the food-system profit;(e) Enhance opportunities for farming and ranching operations to participate in electronic commerce and new and emerging markets that strengthen rural economic opportunities; and(f) Encourage the production and marketing of specialty crops in Nebraska and support the creation and development of agricultural enterprises and businesses that produce and market specialty crops in Nebraska.(2) Agricultural cooperatives, farming or ranching operations, and private businesses and enterprises operating in Nebraska shall be eligible for financial assistance under this section.(3) An entity receiving financial assistance shall provide a match of twenty-five percent for such assistance.(4) The department may award up to four million dollars per year for financial assistance under this section.Source  Laws 2011, LB387, § 8;  Laws 2015, LB449, § 4.
NE Code § 81-12,160 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,160 - Financial assistance program to commercialize product or process; established; purpose; funds; match required; limitation; contract with venture development organization.

81-12,160.  Financial assistance program to commercialize product or process; established; purpose; funds; match required; limitation; contract with venture development organization.(1) The department shall establish a financial assistance program to provide financial assistance to businesses operating in Nebraska that employ no more than five hundred employees or to individuals that have a prototype of a product or process for the purposes of commercializing such product or process. The applicant shall submit a feasibility study stating the potential sales and profit projections for the product or process.(2) The department shall create a program with the following provisions to support commercialization of a product or process:(a) Commercialization infrastructure documentation, including market assessments and start-up strategic planning;(b) Promotion, marketing, advertising, and consulting;(c) Management and business planning support;(d) Linking companies and entrepreneurs to mentors;(e) Preparing companies and entrepreneurs to acquire venture capital; and(f) Linking companies to sources of capital.(3) Funds shall be matched by nonstate funds equal to fifty percent of the funds requested. Matching funds may be from any nonstate source, including private foundations, federal or local government sources, quasi-governmental entities, or commercial lending institutions, or any other funds whose source does not include funds appropriated by the Legislature.(4) The department shall not provide more than five hundred thousand dollars to any one project. Each year the department may award up to four million dollars under this section.(5) Financial assistance provided under this section shall be expended within twenty-four months after the date of the awarding decision.(6) To carry out this section, the department shall contract with one statewide venture development organization that is incorporated in the State of Nebraska and exempt for federal tax purposes under section 501(c)(3) of the Internal Revenue Code.Source  Laws 2011, LB387, § 9;  Laws 2015, LB449, § 5;  Laws 2016, LB1093, § 3;  Laws 2017, LB331, § 50.
NE Code § 81-12,161 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,161 - Financial assistance program relating to college or university research and development; established; funds; match required; limitation.

81-12,161.  Financial assistance program relating to college or university research and development; established; funds; match required; limitation.(1) The department shall establish a financial assistance program to provide financial assistance to businesses operating in Nebraska that use the faculty or facilities of a public or private college or university in Nebraska for applied research and development of new products or use intellectual property generated at a public or private college or university in Nebraska.(2) A business may apply for up to two awards in any four-year period per project. The department may provide up to one hundred thousand dollars for the first phase of a project. If the first phase is successful and agreed-upon contractual requirements are met during the first phase, the department may provide up to four hundred thousand dollars for the second phase of the project.(3) Funds shall be matched by nonstate funds equivalent in money equal to one hundred percent of the funds requested for both phases of the project. Matching funds may be from any nonstate source, including private foundations, federal or local government sources, quasi-governmental entities, or commercial lending institutions, or any other funds whose source does not include funds appropriated by the Legislature.(4) The department may award up to four million dollars per year for financial assistance under this section.Source  Laws 2011, LB387, § 10;  Laws 2015, LB449, § 6.
NE Code § 81-12,163 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,163 - Appropriations; legislative intent.

81-12,163.  Appropriations; legislative intent.(1) It is the intent of the Legislature that (a) the four million dollars saved due to the elimination of funding for the Angel Investment Tax Credit Act be used to increase the appropriation to the department for the Business Innovation Act by four million dollars for fiscal year 2021-22 and each fiscal year thereafter and (b) the one hundred thousand dollars saved due to the reduction in tax credits authorized under the Angel Investment Tax Credit Act for calendar year 2019 be used to increase the appropriation to the Department of Revenue by one hundred thousand dollars for fiscal year 2019-20 to offset the costs incurred by the Department of Revenue to implement Laws 2019, LB334.(2) Up to five percent of the funds appropriated for the Business Innovation Act may be used by the department, or by a nonprofit entity with which the department contracts, for administrative expenses.Source  Laws 2011, LB387, § 12;  Laws 2015, LB449, § 8;  Laws 2019, LB334, § 9.  Cross References  Angel Investment Tax Credit Act, see section 77-6301.
NE Code § 81-12,163.01 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,163.01 - Bioscience Innovation Cash Fund; created; use; investment.

81-12,163.01.  Bioscience Innovation Cash Fund; created; use; investment.(1) The Bioscience Innovation Cash Fund is created. The fund shall be administered by the department to provide financial assistance to bioscience-related businesses applying for financial assistance under the Business Innovation Act. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.(2) The State Treasurer shall credit to the fund such money as is (a) transferred to the fund by the Legislature, (b) paid to the state as fees, deposits, payments, and repayments relating to the fund, both principal and interest, (c) donated as gifts, bequests, or other contributions to such fund from public or private entities, (d) made available by any department or agency of the United States if so directed by such department or agency, and (e) beginning October 1, 2017, received by the department as repayments of loans from the Nebraska Progress Loan Fund as authorized by the federal State Small Business Credit Initiative Act of 2010, 12 U.S.C. 5701 et seq., as such act existed on January 1, 2017.(3) Money in the fund shall be expended by the department for the purpose of carrying out the Bioscience Innovation Program.(4) Up to five percent of the fund may be used by the department for administrative expenses.(5) The fund shall terminate on exhaustion of its funds following receipt of the final loan repayment provided for in subdivision (2)(b) of this section.Source Laws 2017, LB641, § 1. Cross References   Nebraska Capital Expansion Act, see section 72-1269.  Nebraska State Funds Investment Act, see section 72-1260.
NE Code § 81-12,164 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,164 - Rules and regulations.

81-12,164.  Rules and regulations.The department may adopt and promulgate rules and regulations to carry out the Business Innovation Act, including application procedures.Source  Laws 2011, LB387, § 13;  Laws 2013, LB78, § 17.
NE Code § 81-12,165 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,165 - Department; contract authorized.

81-12,165.  Department; contract authorized.The department may enter into a contract with a Nebraska-based nonprofit entity for the purposes of carrying out any or all of the provisions of the Business Innovation Act.Source Laws 2011, LB387, § 14.
NE Code § 81-12,166 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,166 - Report; contents; department; duties; analysis of programs; certain records confidential.

81-12,166.  Report; contents; department; duties; analysis of programs; certain records confidential.(1) The department shall submit an annual report to the Governor and the Legislature on or before July 1 of each year which includes, but is not limited to, a description of the demand for financial assistance and programs under the Business Innovation Act from all geographic regions in Nebraska, a listing of the recipients and amounts of financial assistance awarded pursuant to the act in the previous fiscal year, the impact of the financial assistance, and an evaluation of the act's performance based on the documented goals of the recipients. The report submitted to the Legislature shall be submitted electronically. The department may require recipients to provide periodic performance reports to enable the department to fulfill the requirements of this subsection. The report shall contain no information that is protected by state or federal confidentiality laws.(2) Beginning in 2020 and in every even-numbered year thereafter, the department shall assess and evaluate the economic impact of the programs funded under the Business Innovation Act and shall include the findings from such assessment and evaluation in the next annual report it submits under subsection (1) of this section. To carry out this subsection, the department shall contract with an organization or entity pursuant to state agency procurement requirements.(3) Beginning with the FY2021-23 biennial budget review process, the Appropriations Committee of the Legislature shall conduct a biennial analysis of the financial status and impact of the programs funded under the Business Innovation Act.(4) Applications for funding and related documentation which may be received, developed, created, or otherwise maintained by the Department of Economic Development in administering the Business Innovation Act may be deemed confidential by the department and not subject to public disclosure.Source  Laws 2011, LB387, § 15;  Laws 2012, LB782, § 196;  Laws 2015, LB449, § 9;  Laws 2019, LB334, § 10.
NE Code § 81-12,168 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,168 - Act, how cited.

81-12,168.  Act, how cited.Sections 81-12,168 to 81-12,194 shall be known and may be cited as the Nebraska Transformational Projects Act.Source Laws 2020, LB1107, § 84.
NE Code § 81-12,169 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,169 - Definitions, where found.

81-12,169.  Definitions, where found.For purposes of the Nebraska Transformational Projects Act, the definitions found in sections 81-12,170 to 81-12,181 shall be used.Source Laws 2020, LB1107, § 85.
NE Code § 81-12,170 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,170 - Applicant, defined.

81-12,170.  Applicant, defined.Applicant means a postsecondary institution having a college of medicine located in the State of Nebraska.Source Laws 2020, LB1107, § 86.
NE Code § 81-12,171 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,171 - Continuation period, defined.

81-12,171.  Continuation period, defined.Continuation period means the period of five years immediately following the end of the transformational period.Source Laws 2020, LB1107, § 87.
NE Code § 81-12,172 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,172 - Date of application, defined.

81-12,172.  Date of application, defined.Date of application means the date that a completed application is filed under the Nebraska Transformational Projects Act.Source Laws 2020, LB1107, § 88.
NE Code § 81-12,173 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,173 - Director, defined.

81-12,173.  Director, defined.Director means the Director of Economic Development.Source Laws 2020, LB1107, § 89.
NE Code § 81-12,174 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,174 - Investment, defined.

81-12,174.  Investment, defined.Investment means the amount paid by the applicant for:(1) Real property that is (a) constructed after the date of application, (b) owned by the applicant, (c) located at the qualified location, and (d) used to carry out the project; or(2) Equipment that is (a) purchased after the date of application, (b) owned by the applicant, (c) located at the qualified location, and (d) used to carry out the project.Source Laws 2020, LB1107, § 90.
NE Code § 81-12,175 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,175 - Matching funds, defined.

81-12,175.  Matching funds, defined.Matching funds means the funds provided toward investment at a project by the State of Nebraska pursuant to section 81-12,185.Source Laws 2020, LB1107, § 91.
NE Code § 81-12,176 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,176 - Private dollars, defined.

81-12,176.  Private dollars, defined.(1) Private dollars means dollars donated to the applicant specifically for the project by any combination of one or more of the following:(a) An individual;(b) An organization that is exempt from income tax under section 501(c) of the Internal Revenue Code; or(c) Any nongovernmental organization.(2) Private dollars does not include any direct or indirect funding from any federal, state, or local government.Source Laws 2020, LB1107, § 92.
NE Code § 81-12,177 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,177 - Project, defined.

81-12,177.  Project, defined.Project means an investment by the applicant of at least one billion six hundred million dollars at one qualified location which is made to carry out the requirements for the qualified location to be included in the program described in Title VII, Subtitle C, section 740 of Public Law 116-92.Source Laws 2020, LB1107, § 93.
NE Code § 81-12,178 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,178 - Qualified location, defined.

81-12,178.  Qualified location, defined.Qualified location means any parcel of real property, or contiguous or adjacent parcels of real property, within the State of Nebraska that is or are owned by the applicant, and such other parcels owned by the applicant that are necessary to support the applicant's project at such parcel or parcels. Except to the extent required for a project to be included in the program described in Title VII, Subtitle C, section 740 of Public Law 116-92, the award made for a qualified location may not be used for athletic or recreational purposes, except that a qualified location may contain space, totaling less than ten percent of the facility square footage at the project, that may be used for food service or for exercise or recreational purposes as is commonly used for the health and well-being of employees, students, and patients.Source Laws 2020, LB1107, § 94.
NE Code § 81-12,179 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,179 - Related entity, defined.

81-12,179.  Related entity, defined.Related entity means any entity which is a subsidiary or affiliated entity of the applicant or which has, as one of its purposes for existence, the financial support of the applicant.Source Laws 2020, LB1107, § 95.
NE Code § 81-12,180 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,180 - Transformational period, defined.

81-12,180.  Transformational period, defined.Transformational period means the period of time from the date of the complete application through the earlier of (1) the end of the tenth year after the year in which the complete application was filed with the director or (2) the end of the year in which the applicant attains the one-billion-six-hundred-million-dollar investment requirement.Source Laws 2020, LB1107, § 96.
NE Code § 81-12,181 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,181 - Year, defined.

81-12,181.  Year, defined.Year means the fiscal year of the State of Nebraska.Source Laws 2020, LB1107, § 97.