{"id":30404,"date":"2021-05-19T10:15:56","date_gmt":"2021-05-19T16:15:56","guid":{"rendered":"http:\/\/update.legislature.ne.gov\/?p=30404"},"modified":"2021-05-19T10:15:56","modified_gmt":"2021-05-19T16:15:56","slug":"state-funding-for-rail-access-projects-approved","status":"publish","type":"post","link":"https:\/\/update.legislature.ne.gov\/?p=30404","title":{"rendered":"State funding for rail access projects approved"},"content":{"rendered":"<p>The state will provide matching funds for the development of industrial rail access business parks under a bill passed by lawmakers May 19.<figure id=\"attachment_20135\" aria-describedby=\"caption-attachment-20135\" style=\"width: 200px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"20135\" data-permalink=\"https:\/\/update.legislature.ne.gov\/?attachment_id=20135\" data-orig-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenGroene_inline.jpg\" data-orig-size=\"297,445\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"sengroene_inline\" data-image-description=\"&lt;p&gt;Sen. Mike Groene&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Sen. Mike Groene&lt;\/p&gt;\n\" data-large-file=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenGroene_inline.jpg\" src=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenGroene_inline-200x300.jpg\" alt=\"Sen. Mike Groene\" width=\"200\" height=\"300\" class=\"size-medium wp-image-20135\" srcset=\"https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenGroene_inline-200x300.jpg 200w, https:\/\/update.legislature.ne.gov\/wp-content\/uploads\/2017\/01\/SenGroene_inline.jpg 297w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/><figcaption id=\"caption-attachment-20135\" class=\"wp-caption-text\">Sen. Mike Groene<\/figcaption><\/figure><\/p>\n<p>Under LB40, introduced by North Platte Sen. Mike Groene, a nonprofit economic development corporation may apply to the director of the state Department of Economic Development for up to $30 million in matching funds to cover a project\u2019s development costs. The director could approve up to $50 million in matching funds under the act.<\/p>\n<p>Matching funds could be used for site acquisition and preparation, utility extensions and rail spur construction for the development of a new industrial rail access business park, including expenses incurred to help an initial tenant in the manufacturing, processing, distribution or transloading trades.  <\/p>\n<p>Qualifying projects must be located in a county with a population of fewer than 100,000 inhabitants. <\/p>\n<p>Upon legislative appropriation of funds, the state will provide $2 of matching funds for each dollar invested up to $2.5 million. For a larger investment, the state will provide $5 in matching funds for each dollar invested.<\/p>\n<p>Senators voted 49-0 to pass LB40. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The state will provide matching funds for the development of industrial rail access business parks under a bill passed by lawmakers May 19.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[142],"class_list":["post-30404","post","type-post","status-publish","format-standard","hentry","category-revenue","tag-sen-mike-groene"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/30404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30404"}],"version-history":[{"count":2,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/30404\/revisions"}],"predecessor-version":[{"id":30406,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=\/wp\/v2\/posts\/30404\/revisions\/30406"}],"wp:attachment":[{"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/update.legislature.ne.gov\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}