Provide powers for the Nebraska Investment Finance Authority and change provisions relating to the Nebraska...
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LB 768 — Provide powers for the Nebraska Investment Finance Authority and change provisions relating to the Nebraska Affordable Housing Act, the Rural Workforce Housing Investment Act, and the Middle Income Workforce Housing Investment Act
Last action — Approved by Governor on April 14, 2026
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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✓Passed Legislature
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✓To Executive
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5Enacted
This bill has been enacted into law. Introduced January 07, 2026. Enacted.
Signed by Governor Jim Pillen (Republican) on April 17, 2026.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Mixed recorded votes
2 passed, 3 failed in recorded votes so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Bill Text
What changed in the latest version
702 added · 787 removedPlain-language change summary
The revised version of Bill LB 768 includes several changes aimed at enhancing the Nebraska Investment Finance Authority's abilities. Specifically, it expands the authority’s powers to include supporting and managing nonprofit entities, which could lead to more effective housing initiatives. Additionally, the bill eliminates certain provisions of the Nebraska Affordable Housing Act and a housing advisory committee, simplifying the process for housing projects financed by the state. These changes matter because they may streamline funding and support for housing development, potentially addressing housing shortages more efficiently.
ER145 ER145 LB768 LB768 AJC2026 -LEGISLATIVE 03/13/2026BILL AJC768 -Approved 03/13/2026by Ethe ANDGovernor RApril AMENDMENTS14, TO2026 LB 768 Introduced by Guereca,Dover, 7,19. Chairman Enrollment and Review 1.
Strike theA originalBILL sectionsFOR andAN allACT amendmentsrelating theretoto grants and insertother thefinancial followingassistance; new sections:
Sectionto 1.amend sections 58-709, 81-1228, 81-1229, 81-1230, 81-1231, 81-1232, and 81-1241, Reissue Revised Statutes of Nebraska, sections 58-201 and 58-703, Revised Statutes Cumulative Supplement, 2024, and sections 58-701, 58-708, 72-804, 72-805, 81-1237, 81-1238, 81-1239, and 81-1240, Revised Statutes Supplement, 2025;
to provide powers for the Nebraska Investment Finance Authority;
to change and eliminate provisions of the Nebraska Affordable Housing Act;
to change provisions relating to new state buildings and buildings constructed with state funds;
to authorize certain contracts under the Nebraska Affordable Housing Act, the Rural Workforce Housing Investment Act, and the Middle Income Workforce Housing Investment Act;
to eliminate a housing advisory committee;
to harmonize provisions;
to repeal the original sections;
and to outright repeal section 58-704, Reissue Revised Statutes of Nebraska, and section 58-712, Revised Statutes Supplement, 2025.
Be it enacted by the people of the State of Nebraska, Section 1.
58-20158-201 Sections Sections 58-201 to 58-273 and sections 2 and 3 of this act shall be known and may be cited as the Nebraska Investment Finance Authority Act.
(1)(1) In addition to the powers granted under section 58-239, the authority may:
(1)(1) For purposes of this section, public funds has the same meaning as in section 81-11,106.
(a) The authority shall provide information regarding such grant or loan program and the public funds involved in such program to such state -1- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 agency, upon such agency's request, in order to allow the state agency to comply with its responsibilities under section 81-1113;
58-70158-701 Sections Sections 58-701 to 58-711 and section 8 of this act 58-712 shall be known and may be cited as the Nebraska Affordable Housing Act.
The Department of Economic Development -2- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 as part of its comprehensive housing affordability strategy shall administer the Affordable Housing Trust Fund.
Transfers may be made from the Affordable Housing Trust Fund to the General Fund, the Behavioral Health Services Fund, the Lead-Based Paint Hazard -1- LB768 LB768 2026 Control Cash Fund, the Middle Income Workforce Housing Investment Fund, the Rural Workforce Housing Investment Fund, and the Site and Building Development Fund at the direction of the Legislature.
58-70858-708 (1) (1) During each calendar year in which funds are available from the Affordable Housing Trust Fund for use by the Department of Economic Development, the department shall make its best efforts to allocate not less than thirty percent of such funds to each congressional district.
and (b) Give first priority in allocating trust fund assistance among selected projects to those projects which are located in whole or in part within an enterprise zone designated pursuant to the Enterprise Zone Act or an opportunity zone designated pursuant to the federal Tax Cuts and -3- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 Jobs Act, Public Law 115-97, serve the lowest income occupant, are located in an area that has been declared an extremely blighted area under section 18-2101.02, and are obligated to serve qualified occupants for the longest period of time.
(2) (a) The Department of Economic Development shall disburse grant funds to a qualified recipient equal to eighty percent of the amount awarded to a qualified recipient housing development costs of such recipient, excluding general administration costs, housing management fees, lead-based paint test costs, and technical assistance costs, once the department approves such recipient for funding and shall disburse the remaining twenty percent of such amount, excluding general administration costs, housing management fees, lead-basedlead- based paint test costs, and technical assistance costs, upon the completion of the project.
(3)(a) Beginning on October 1, 2025, a qualified recipient shall submit to the Department of Economic Development a schedule of uses of -4- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 funds for eligible activities on a quarterly basis, no later than thirty days after the end of each calendar quarter, during the time of performance under the award agreement.
(4) Beginning July 1, 2027, the Department of Economic Development shall -2- LB768 LB768 2026 prescribe annual reporting requirements to collect sufficient information from qualified recipients to determine the amount of funds obligated to projects, the repayment terms of such funds, and the current -5- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 balance of funds unspent or repaid.
(c) A qualified recipient shall recapture any funds allocated to such recipient from the Affordable Housing Trust Fund that are provided to a homebuyer by the recipient as financial assistance for the purchase -6- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 of a home upon sale of such home from the net proceeds of such sale, if any.
72-80472-804 (1) (1) Any new state building shall meet or exceed the requirements of the 2018 International Energy Conservation Code published by the International Code Council.
(2) Any new lighting, heating, cooling, ventilating, or water heating equipment or controls in a state-owned building and any new -7- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 building envelope components installed in a state-owned building shall meet or exceed the requirements of the 2018 International Energy Conservation Code.
and (c) Waivers of specific requirements which are demonstrated through life-cyclelife- cycle cost analysis to not be in the state's best interest.
72-80572-805 (1) (1) Except as provided in subsection (2) of this section 58-712 for certain projects funded by the Affordable Housing Trust Fund, the 2018 International Energy Conservation Code, published by the International Code Council, applies to all new buildings constructed in whole or in part with state funds after July 1, 2020.
The Department of Water, Energy, and Environment shall review building plans and specifications necessary to determine whether a building will meet the requirements of this subsection section, except that the department shall not be required to review building plans and specifications upon evidence that the building plans and -3- LB768 LB768 2026 specifications have previously been reviewed by a county, city, or village enforcing a local building or construction code adopted pursuant to section 71-6406 if such local building or construction code includes the requirements of the 2018 International Energy Conservation Code.
The agency receiving the funding -8- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 shall verify that the building as constructed meets or exceeds the code.
-9- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 (6) Nonprofit development organization means a local, regional, or statewide nonprofit development organization approved by the director;
and (f) Housing units that do not receive federal or state low-income housing tax credits, community development block grants, HOME funds, or -10- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 funds from the National Housing Trust Fund, which would impose individual or household income limitations or restrictions on such housing units, or funding from the Affordable Housing Trust Fund restricting the level of individual or household income to anything less than one hundred percent of area median income as calculated by the United States Department of Housing and Urban Development;
81-122981-1229 (1) (1) The director shall establish a workforce housing grant program to foster and support the development of workforce housing in rural communities.
(a) The maximum amount of grant funds awarded to any one nonprofit development organization over a two-year period shall not exceed five million -4- LB768 LB768 2026 dollars;
(3) An applicant shall provide matching funds of at least one-one-quarter quarter of the amount of workforce housing grant funds awarded.
-11- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 Unallocated workforce housing grant funds held by the department shall be rolled to the next program year.
The Rural Workforce -12- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 Housing Investment Fund may include revenue from appropriations from the Legislature, grants, private contributions, and other sources.
(5) If a nonprofit development organization fails to allocate any remaining initial grant funding on a qualified activity within twenty-twenty-four four months after engaging in the initial qualified activity, the nonprofit development organization shall return such unallocated grant funds to the department for credit to the Rural Workforce Housing Investment Fund.
81-123181-1231 (1) (1) Each nonprofit development organization shall submit an -13- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 annual report to the director to be included as a part of the department's annual status report required under section 81-1201.11.
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(3) If a nonprofit development organization ceases administration of a workforce housing investment fund, it shall file a final report with the -5- LB768 LB768 2026 director in a form and manner required by the director.
On and after July 1, 2032 2027, any unallocated grant funds shall be returned to the department for transfer to the General Fund.
Section 81-1232, Reissue Revised Statutes of Nebraska, is -14- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 amended to read:
or -15- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 (c) Upper-story housing development for occupation by a homeowner or rent-to-ownrent- to-own tenant;
(5) Homeownership incentive reserve account means an interest-interest-bearing, bearing, deposit-insured account maintained by the owner of a housing unit for future use by the unit's tenant to purchase a home;
(9) Project reserve account means an interest-bearing, deposit-deposit-insured insured account maintained by the owner of a housing unit for unexpected expenses, routine maintenance, and other operational costs associated with managing rental properties;
and -16- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 (b) Meet the following requirements until the housing unit is owner occupied:
When the lease ends, the owner shall liquidate the homeownership incentive reserve account and distribute the money to the tenant for downpayment and closing costs on the purchase of a home that will be the -6- LB768 LB768 2026 tenant's new primary residence.
and (ii) Within or adjacent to a qualified census tract as described in -17- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 26 U.S.C.
For purposes of this subdivision, housing unit after-constructionafter- construction appraised value and construction cost shall be updated annually by the department based upon the most recent increase or decrease in the Producer Price Index for all commodities, published by the United States Department of Labor, Bureau of Labor Statistics;
(i) The cost to substantially rehabilitate such housing exceeds twenty-fivetwenty- five fifty percent of its before-construction assessed value;
and (d) Housing units that do not receive federal or state low-income housing tax credits, community development block grants, HOME funds, or -18- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 funds from the Affordable Housing Trust Fund.
-19- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 (3) Grants shall be awarded based upon:
(c) A neighborhood or community that exhibits a demonstrated commitment to -7- LB768 LB768 2026 growing its housing stock;
(d) Reducing barriers to the development and purchase of owner-owner-occupied occupied housing with flexible forms of assistance, including grants, forgivable loans, homeownership incentive reserve accounts, purchase option agreements, and other forms of long-term, patient financing;
A nonprofit development organization shall have a formal plan and proven expertise to invest unused workforce housing investment fund balances and -20- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 shall conduct an annual audit of all financial records by an independent certified public accountant.
(5) If a nonprofit development organization, or a recipient of -21- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 subaccount funds described in subsection (2) of this section, fails to engage in a qualified activity within twenty-four months after receiving initial grant funding, the nonprofit development organization or recipient of subaccount funds shall return the grant proceeds to the department for credit to the General Fund.
81-124081-1240 (1) (1) Each nonprofit development organization shall submit an annual report to the director to be included as a part of the department's annual status report required under section 81-1201.11.
(e) The results of the annual audit required under subdivision (4)(4)(d) (d) of section 81-1238;
(3) If a nonprofit development organization ceases administration of a workforce housing investment fund, it shall file a final report with -22- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 the director in a form and manner required by the director.
On -8- LB768 LB768 2026 and after July 1, 2032 2029, any unallocated workforce housing investment fund grant funds shall be returned to the department for transfer to the General Fund.
81-1241 (1)81-1241 (1) The department shall use its best efforts to assure that any grant funds awarded to a nonprofit development organization are targeted to the geographic communities or regions with the most pressing housing, economic, and employment needs.
The department or its agent may only use for expenses that portion of the funds available for the workforce housing investment grant program through the Middle -23- ER145 ER145 LB768 LB768 AJC - 03/13/2026 AJC - 03/13/2026 Income Workforce Housing Investment Fund necessary to cover the actual costs of administering the program.
2.-9-
On page 1, line 2, after "58-709," insert "81-1228, 81-1229, 81-1230, 81-1231,";
and in line 5 strike "and 72-805" and insert "72-805, 81-1237, 81-1238, 81-1239, and 81-1240".
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Action History
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Approved by Governor on April 14, 2026
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Provisions/portions of LB819 amended into LB768 by AM2492
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Provisions/portions of LB1246 amended into LB768 by AM2364
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President/Speaker signed
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Presented to Governor on April 10, 2026
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Dispensing of reading at large approved
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Passed on Final Reading 49-0-0
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Placed on Final Reading
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Enrollment and Review ER145 adopted
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Kauth FA397 withdrawn
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Advanced to Enrollment and Review for Engrossment
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Placed on Select File with ER145
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Enrollment and Review ER145 filed
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Dover AM2388 adopted
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Hallstrom AM2492 to AM2364 filed
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Hallstrom AM2492 adopted
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Banking, Commerce and Insurance AM2364 adopted
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Advanced to Enrollment and Review Initial
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Dover AM2388 to AM2364 filed
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Placed on General File with AM2364
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Banking, Commerce and Insurance AM2364 filed
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Dover priority bill
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Notice of hearing for February 17, 2026
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Referred to Banking, Commerce and Insurance Committee
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Kauth FA397 filed
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Date of introduction
Sponsors
- Robert Dover · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 48 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (48)
48 members have not signed on to this bill.
Show all 48 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 49 | 0 | 0 | 0 |
| Total | 49 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (49)
| Member | Party | Vote |
|---|---|---|
| Ashlei Spivey | — | Yea |
| Barry DeKay | — | Yea |
| Beau Ballard | — | Yea |
| Bob Andersen | — | Yea |
| Bob Hallstrom | — | Yea |
| Brian Hardin | — | Yea |
| Carolyn Bosn | — | Yea |
| Cavanaugh, J. | — | Yea |
| Cavanaugh, M. | — | Yea |
| Christy Armendariz | — | Yea |
| Dan Lonowski | — | Yea |
| Dan Quick | — | Yea |
| Danielle Conrad | — | Yea |
| Dave Murman | — | Yea |
| Dave Wordekemper | — | Yea |
| Dunixi Guereca | — | Yea |
| Eliot Bostar | — | Yea |
| George Dungan | — | Yea |
| Hansen, B. | — | Yea |
| Jana Hughes | — | Yea |
| Jane Raybould | — | Yea |
| Jared Storm | — | Yea |
| Jason Prokop | — | Yea |
| John Arch | — | Yea |
| John Fredrickson | — | Yea |
| Kathleen Kauth | — | Yea |
| Loren Lippincott | — | Yea |
| Margo Juarez | — | Yea |
| Megan Hunt | — | Yea |
| Merv Riepe | — | Yea |
| Meyer, F. | — | Yea |
| Meyer, G. | — | Yea |
| Mike Jacobson | — | Yea |
| Mike Moser | — | Yea |
| Myron Dorn | — | Yea |
| Paul Strommen | — | Yea |
| Rick Holdcroft | — | Yea |
| Rita Sanders | — | Yea |
| Robert Clements | — | Yea |
| Robert Dover | — | Yea |
| Stan Clouse | — | Yea |
| Tanya Storer | — | Yea |
| Teresa Ibach | — | Yea |
| Terrell McKinney | — | Yea |
| Tom Brandt | — | Yea |
| Tony Sorrentino | — | Yea |
| Victor Rountree | — | Yea |
| Wendy DeBoer | — | Yea |
| von Gillern | — | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 40 | 0 | 0 | 9 |
| Total | 40 | 0 | 0 | 9 |
| % of votes cast | 82% | 0% | 0% | 18% |
How each member voted (49)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 36 | 0 | 0 | 13 |
| Total | 36 | 0 | 0 | 13 |
| % of votes cast | 73% | 0% | 0% | 27% |
How each member voted (49)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 35 | 0 | 0 | 14 |
| Total | 35 | 0 | 0 | 14 |
| % of votes cast | 71% | 0% | 0% | 29% |
How each member voted (49)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 36 | 0 | 0 | 13 |
| Total | 36 | 0 | 0 | 13 |
| % of votes cast | 73% | 0% | 0% | 27% |
How each member voted (49)
Subjects
Frequently asked questions
- Who sponsors LB 768?
- LB 768 is sponsored by Robert Dover.
- What is the current status of LB 768?
- This bill has been enacted into law. Introduced January 07, 2026. Enacted.
- Where can I track LB 768?
- Track LB 768 free on One Click Politics — get push/email alerts when it moves.
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