Entities eligible to receive assistance; matching funds; applicability of section.

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81-12,148. Entities eligible to receive assistance; matching funds; applicability of section.

(1) Governmental subdivisions and Nebraska nonprofit organizations are eligible to receive assistance under the Site and Building Development Act. Any entity receiving assistance under the act shall provide, or cause to be provided, matching funds for the eligible activity in an amount determined by the Department of Economic Development, which amount shall be at least equal to one hundred percent of the amount of assistance provided by the Site and Building Development Fund. Nothing in the act shall be construed to allow individuals or businesses to receive direct loans from the fund.

(2) This section does not apply to any inland port authority receiving assistance under subsection (2) of section 81-12,147.

Source

  • Laws 2011, LB388, § 5;
  • Laws 2021, LB156, § 16.
  • Effective Date: August 28, 2021


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