Presentation of economic development incentive reports required

Senators passed a bill April 18 that requires the state Department of Revenue to present economic development incentive reports to two legislative committees.

Columbus Sen. Paul Schumacher introduced LB612, which requires the department to appear once every two years before a joint hearing of the Legislature’s appropriations and revenue committees to present the reports. Supplemental information requested by three or more committee members must be provided within 30 days after the request.

The bill passed with an emergency clause on a 47-0 vote.