reglab/housing_qa huggingface dataset:
NE Code § 81-12,182 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,182 - Matching funds; eligibility; application; requirements; approval; deadlines.

81-12,182.  Matching funds; eligibility; application; requirements; approval; deadlines.(1) In order to be eligible to receive the matching funds allowed in the Nebraska Transformational Projects Act, the applicant shall file an application with the director, on a form developed by the director, requesting an agreement.(2) The application shall:(a) Identify the project, including the qualified location of such project, and state that the applicant is pursuing a partnership with the federal government pursuant to Title VII, Subtitle C, section 740 of Public Law 116-92 for the project;(b) State the estimated, projected amount of total new investment at the project, which shall not be less than one billion six hundred million dollars, including the estimated, projected amount of private dollars and matching funds;(c) Include an independent assessment of the economic impact to Nebraska from the project and its construction, which shall be performed by a professional economist or economics firm which is not in the regular employ of the applicant. The assessment must show, to the reasonable satisfaction of the director, an economic impact to Nebraska of at least two billion seven hundred million dollars during the planning and construction period and at least four billion six hundred million dollars during the ten-year period beginning either when construction is commenced or when the application is approved;(d) Include approval of the project and of submission of the application by the governing body of the applicant. Approval of the project may be subject to other federal, state, and local government approvals needed to complete the project and subject to obtaining the funding, financing, and donations needed for the project;(e) State the E-Verify number or numbers that will be used by the applicant for employees at the qualified location as provided by the United States Citizenship and Immigration Services; and(f) Contain a nonrefundable application fee of twenty-five thousand dollars. The fee shall be remitted to the State Treasurer for credit to the Nebraska Transformational Project Fund.(3) An application must be complete to establish the date of the application. An application shall be considered complete once it contains the items listed in subsection (2) of this section.(4) Once satisfied that the application is complete and that the applicant is eligible to receive the matching funds allowed in the Nebraska Transformational Projects Act, the director shall approve the application.(5) There shall be no new applications filed under this section after December 31, 2023. Any complete application filed on or before December 31, 2023, shall be considered by the director and approved if the location and applicant qualify for approval. Agreements may be executed with regard to any complete application filed on or before December 31, 2023.Source Laws 2020, LB1107, § 98.
NE Code § 81-12,184 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,184 - Transactions or activities excluded.

81-12,184.  Transactions or activities excluded.The following transactions or activities shall not create investment under the Nebraska Transformational Projects Act except as specifically allowed by this section:(1) The renegotiation of any private donor commitment in existence before the date of application, except to the extent of additional donation commitments;(2) The purchase of any property which was previously owned by the applicant or a related entity. The first purchase by either the applicant or a related entity shall be treated as investment if the item was first placed in service in the state after the date of the application;(3) The renegotiation of any agreement in existence on the date of application which does not materially change any of the material terms of the agreement shall be presumed to be a transaction entered into for the purpose of facilitating benefits under the act and shall not be allowed in the meeting of the required investment level under the act; and(4) Any purchase of property from a related entity, except that the applicant will be considered to have made investment under the act to the extent the related entity would have been considered to have made investment on the purchase of the property if the related entity was considered the applicant.Source Laws 2020, LB1107, § 100.
NE Code § 81-12,185 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,185 - Matching funds; receipt; conditions; payment.

81-12,185.  Matching funds; receipt; conditions; payment.(1) Subject to section 81-12,188, an applicant shall, upon the applicant's project being selected for the program established under Title VII, Subtitle C, section 740 of Public Law 116-92 and the receipt of one billion federal dollars, be entitled to receive, from the State of Nebraska, three hundred million dollars as matching funds for the three hundred million dollars of private dollars received by the applicant by the end of the continuation period.(2) Subject to section 81-12,188, the state shall pay the available matching funds to the applicant on an annual basis.Source Laws 2020, LB1107, § 101.
NE Code § 81-12,186 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,186 - Matching funds; filing required; use; repayment; interest; director; powers and duties.

81-12,186.  Matching funds; filing required; use; repayment; interest; director; powers and duties.(1) The right to matching funds prescribed in section 81-12,185 shall be established by filing the forms required by the director. The matching funds may only be used by the applicant to make investments at the project or to pay off debt financing for such investments. Matching funds and private dollars shall be counted towards the attainment of the one-billion-six-hundred-million-dollar investment requirement.(2) Interest at the rate specified in section 45-104.02, as such rate may from time to time be adjusted, shall be due by the applicant on any repayment of matching funds.(3) All interpretations of the Nebraska Transformational Projects Act shall be made by the director.(4) An audit of a project shall be made by the director to the extent and in the manner determined by the director. The director may recover any matching funds which were erroneously allowed by issuing a repayment determination within the later of three years from the date the matching funds were paid or three years after the end of the continuation period.(5) Any determination by the director that the applicant does not qualify, that a location is not a qualified location, that a project does not qualify, that a private-dollar donation does not qualify, or that matching funds must be repaid may be protested by the applicant to the director within sixty days after the mailing to the applicant of the written notice of the proposed determination by the director. If the notice of proposed determination is not protested in writing by the applicant within the sixty-day period, the proposed determination is a final determination. If the notice is protested, the director, after a formal hearing by the director or by an independent hearing officer appointed by the director, if requested by the applicant in such protest, shall issue a written order resolving such protest.Source Laws 2020, LB1107, § 102.
NE Code § 81-12,187 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,187 - Matching funds; repayment; required; when.

81-12,187.  Matching funds; repayment; required; when.(1) The applicant must make an investment of one billion six hundred million dollars at the project, of which at least one billion dollars shall come from federal funding, before the end of the transformational period. If the applicant fails to reach such threshold, all of the matching funds paid to the applicant under the Nebraska Transformational Projects Act shall be repaid by the applicant to the director, and the applicant shall be entitled to no matching funds for the project.(2) The applicant must maintain the required level of investment for the entire continuation period. If the applicant fails to maintain the required level of investment for the entire continuation period, all of the matching funds paid to the applicant under the act shall be repaid by the applicant to the director, and the applicant shall be entitled to no matching funds for the project.(3) If the applicant fails to receive, before the end of the continuation period, three hundred million dollars of donations of private dollars to be used for the project, then all matching funds paid to the applicant under the act shall be repaid by the applicant to the director.(4) The repayment required by this section shall not occur if the failure to receive a donation, or achieve or maintain the required level of investment, was caused by an act of God or a national emergency.Source Laws 2020, LB1107, § 103.
NE Code § 81-12,188 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,188 - Matching funds; receipt; conditions.

81-12,188.  Matching funds; receipt; conditions.The right to receive matching funds under the Nebraska Transformational Projects Act:(1) Shall be subject to the limitations provided in the act;(2) Shall be subject to funds being appropriated by the Legislature; and(3) Shall not be transferable.Source Laws 2020, LB1107, § 104.
NE Code § 81-12,189 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,189 - Matching funds; payment.

81-12,189.  Matching funds; payment.If the applicant cannot be paid in full in any given fiscal year, then the matching funds shall be paid in later years until fully funded.Source Laws 2020, LB1107, § 105.
NE Code § 81-12,190 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,190 - Application; valid; when.

81-12,190.  Application; valid; when.Any complete application shall be considered a valid application on the date submitted for the purposes of the Nebraska Transformational Projects Act.Source Laws 2020, LB1107, § 106.
NE Code § 81-12,191 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,191 - Report; joint hearing.

81-12,191.  Report; joint hearing.(1) No later than October 1, 2024, and no later than October 1 of each year thereafter, the director shall submit electronically an annual report for the previous fiscal year to the Legislature. The report shall be on a fiscal year, accrual basis that satisfies the requirements set by the Governmental Accounting Standards Board. The director shall, on or before December 15, 2024, and on or before December 15 of each year thereafter, appear at a joint hearing of the Appropriations Committee of the Legislature and the Revenue Committee of the Legislature and present the report. Any supplemental information requested by three or more committee members shall be presented within thirty days after the request.(2) The report shall state (a) the payment of matching funds made by the State of Nebraska, (b) the expected payments of matching funds still to be made by the State of Nebraska, and (c) the investment made by the applicant.(3) The report shall provide an explanation of the audit and review processes of the Department of Economic Development in approving and rejecting the provision of matching funds and in enforcing matching funds repayment.(4) No information shall be provided in the report or in supplemental information that is protected by state or federal confidentiality laws. The identity of private donors shall not be included in the report.Source Laws 2020, LB1107, § 107.
NE Code § 81-12,192 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,192 - Rules and regulations.

81-12,192.  Rules and regulations.Except as otherwise provided in the Nebraska Transformational Projects Act, the director may adopt and promulgate all procedures and rules and regulations necessary to carry out the purposes of the act.Source Laws 2020, LB1107, § 108.
NE Code § 81-12,193 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,193 - Nebraska Transformational Project Fund; created; use; investment.

81-12,193.  Nebraska Transformational Project Fund; created; use; investment.(1) The Nebraska Transformational Project Fund is hereby created. The fund shall receive money from application fees paid under the Nebraska Transformational Projects Act and from appropriations from the Legislature, grants, private contributions, repayments of matching funds, and all other sources. 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) It is the intent of the Legislature that the State Treasurer shall transfer an amount not to exceed three hundred million dollars to the Nebraska Transformational Project Fund. Such transfers shall only occur after the applicant has been selected for participation in the program described in Title VII, Subtitle C, section 740 of Public Law 116-92 and commitments totaling one billion three hundred million dollars in total investment, including only federal dollars and private donations, have been secured. In no case shall any transfer occur before fiscal year 2025-26 or before the total amount of refundable credits granted annually under the Nebraska Property Tax Incentive Act reaches three hundred seventy-five million dollars. Distributions shall only be made from the fund in amounts equal to the amount of private dollars received by the applicant for the project.(3) Any money remaining in the fund after all obligations have been met shall be transferred to the General Fund.Source Laws 2020, LB1107, § 109. Cross References   Nebraska Capital Expansion Act, see section 72-1269.  Nebraska Property Tax Incentive Act, see section 77-6701.  Nebraska State Funds Investment Act, see section 72-1260.
NE Code § 81-12,194 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,194 - Applicant; contracts authorized; powers.

81-12,194.  Applicant; contracts authorized; powers.(1) In order to accomplish a project under the Nebraska Transformational Projects Act, an applicant may enter into contracts with any person, firm, or corporation providing for the implementation of any such project and providing for the long-term payment of the cost of such project.(2) No applicant shall pledge the credit of the State of Nebraska for the payment of any sum owing on account of such contract, except that there may be pledged for the payment of any such contract any appropriation specifically made by the Legislature for such purpose, together with such funds of the applicant as the governing body of the applicant determines. An applicant may also convey, lease, or lease back all or any part of the project authorized by the Nebraska Transformational Projects Act and the land on which such project is situated to such person, firm, or corporation as the applicant may contract with pursuant to this section to facilitate the long-term payment of the cost of such project. Any such conveyance or lease shall provide that when the cost of such project has been paid, together with interest and other costs thereon, such project and the land on which such project is located shall become the property of the applicant.Source Laws 2020, LB1107, § 110.
NE Code § 81-12,195 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,195 - Act, how cited.

81-12,195.  Act, how cited.Sections 81-12,195 to 81-12,218 shall be known and may be cited as the Nebraska Rural Projects Act.Source  Laws 2021, LB40, § 1.   Effective Date: August 28, 2021
NE Code § 81-12,196 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,196 - Definitions, where found.

81-12,196.  Definitions, where found.For purposes of the Nebraska Rural Projects Act, the definitions found in sections 81-12,197 to 81-12,207 shall be used.Source  Laws 2021, LB40, § 2.   Effective Date: August 28, 2021
NE Code § 81-12,197 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,197 - Applicant, defined.

81-12,197.  Applicant, defined.Applicant means a nonprofit economic development corporation.Source  Laws 2021, LB40, § 3.   Effective Date: August 28, 2021
NE Code § 81-12,198 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,198 - Applicant resources, defined.

81-12,198.  Applicant resources, defined.Applicant resources means:(1) 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; and(2) Any direct or indirect funding for the project from any federal, state, or local government, excluding any matching funds received pursuant to the Nebraska Rural Projects Act.Source  Laws 2021, LB40, § 4.   Effective Date: August 28, 2021
NE Code § 81-12,199 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,199 - Date of application, defined.

81-12,199.  Date of application, defined.Date of application means the date that a completed application is filed under the Nebraska Rural Projects Act.Source  Laws 2021, LB40, § 5.   Effective Date: August 28, 2021
NE Code § 81-12,200 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,200 - Director, defined.

81-12,200.  Director, defined.Director means the Director of Economic Development.Source  Laws 2021, LB40, § 6.   Effective Date: August 28, 2021
NE Code § 81-12,201 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,201 - Investment, defined.

81-12,201.  Investment, defined.Investment means the amount paid by the applicant for the project. The term includes any applicant resources received by the applicant for the project. The term does not include any matching funds received by the applicant under the Nebraska Rural Projects Act.Source  Laws 2021, LB40, § 7.   Effective Date: August 28, 2021
NE Code § 81-12,202 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,202 - Matching funds, defined.

81-12,202.  Matching funds, defined.Matching funds means the funds provided by the State of Nebraska pursuant to section 81-12,211.Source  Laws 2021, LB40, § 8.   Effective Date: August 28, 2021
NE Code § 81-12,203 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,203 - Project, defined.

81-12,203.  Project, defined.Project means expenses incurred or to be incurred at one qualified location for site acquisition and preparation, utility extensions, and rail spur construction for the development of a new industrial rail access business park, including any such expenses incurred to assist an initial tenant at such business park that conducts business in the manufacturing, processing, distribution, or transloading trades.Source  Laws 2021, LB40, § 9.   Effective Date: August 28, 2021
NE Code § 81-12,204 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,204 - Qualified location, defined.

81-12,204.  Qualified location, defined.Qualified location means a location within a county in this state that has a population of less than one hundred thousand inhabitants.Source  Laws 2021, LB40, § 10.   Effective Date: August 28, 2021
NE Code § 81-12,205 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,205 - Related entity, defined.

81-12,205.  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 2021, LB40, § 11.   Effective Date: August 28, 2021
NE Code § 81-12,206 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,206 - Transformational period, defined.

81-12,206.  Transformational period, defined.Transformational period means the period of time from the date of application through the end of the tenth year after the year in which the complete application was filed with the director.Source  Laws 2021, LB40, § 12.   Effective Date: August 28, 2021
NE Code § 81-12,207 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,207 - Year, defined.

81-12,207.  Year, defined.Year means the fiscal year of the State of Nebraska.Source  Laws 2021, LB40, § 13.   Effective Date: August 28, 2021
NE Code § 81-12,208 (2021)
2021 Nebraska Revised Statutes|Chapter 81 - State Administrative Departments|81-12,208 - Matching funds; eligibility; application; requirements; approval; deadlines.

81-12,208.  Matching funds; eligibility; application; requirements; approval; deadlines.(1) In order to be eligible to receive the matching funds allowed in the Nebraska Rural Projects Act, the applicant shall file an application with the director, on a form developed by the director, requesting an agreement.(2) The application shall:(a) Identify the project, including the qualified location of such project;(b) State the estimated, projected amount of total new investment at the project, including the estimated, projected amount of applicant resources;(c) State the E-Verify number or numbers that will be used by the applicant for employees at the qualified location as provided by the United States Citizenship and Immigration Services; and(d) Contain a nonrefundable application fee of one thousand dollars. The director shall collect all application fees and shall remit the fees to the State Treasurer for credit to the Nebraska Rural Projects Fund.(3) An application must be complete to establish the date of application. An application shall be considered complete once it contains the items listed in subsection (2) of this section.(4) Once satisfied that the application is complete and that the applicant is eligible to receive the matching funds allowed in the Nebraska Rural Projects Act, the director shall approve the application.(5) There shall be no new applications filed under this section after June 30, 2023. Any complete application filed on or before June 30, 2023, shall be considered by the director and approved if the location and applicant qualify for approval. Agreements may be executed with regard to any complete application filed on or before June 30, 2023.Source  Laws 2021, LB40, § 14.   Effective Date: August 28, 2021