Revenue

Expansion of community financing act approved

Senators passed a bill April 18 that expands the purpose of the Civic and Community Center Financing Act.

LB153, introduced by Fullerton Sen. Annette Dubas, increases the types of projects that will qualify for funding under the act to include:
• construction, renovation or expansion of recreation centers;
• demolition of substandard and abandoned buildings for construction, renovation or expansion of civic or recreation centers; or
• engineering and technical studies directly related to these projects.

The bill passed on a 45-0 vote.

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