LINCOLN – Some state senators were teeing off Monday, against a bill that would expand the use of tax increment financing in Nebraska, to construct workforce housing.
Senators opposed to the bill were seeking to recommit the bill to committee, avoiding a vote on LB 496. But the motion to send the bill back to committee failed, garnering only six votes, and 33 in opposition. A motion to bracket the bill, also failed.
Some opponents like Senator Mike Groene of North Platte, say the need for workforce housing should be market-driven, not spurred on by tax increment financing.
:19 “the counties”
The bill would allow construction costs of developers to be reimbursed by tax increment financing. Senator Paul Schumacher, of Columbus favored sending the bill back to committee.
:28 “is not it”
Senator Carol Blood defends the use of TIF, which has helped develop her community when she was on the Bellevue City Council.
:25 “this bill”
Gering Senator John Stinner proposed the bill, which would require communities to undertake a housing study, hold a public hearing and determine that the housing project is necessary to prevent the spread of blight and substandard conditions.
The bill would affect first and second class cities, and villages. Just prior to noon Monday, a motion to cease debate passed right on the number, with 33 votes.
The bill then advanced to second round, on a vote of 31-8.