Transportation and Telecommunications

Special financing approved for highway construction

A bill that expedites highway construction projects in Nebraska was given final approval by the Legislature May 2.

Sen. Mike Hilgers
Sen. Mike Hilgers

Under LB616, introduced by Lincoln Sen. Mike Hilgers, highway construction projects with a payment schedule that exceeds the date of completion are exempt from paying contractor interest.

The bill passed on a 48-0 vote.

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