From Morning Ag Clips and the Nebraska Farmers Union:
Nebraska Farmers Union President John Hansen praised Governor Dave Heineman, State Senators Mello, Davis, Schilz, and Dubas, along with a diverse coalition made up of farm, business, environmental, conservation, and public power stakeholders for successfully updating the state’s C-BED (Community-Based Energy Development) law with the passage of LB402.
In addition to Governor Heineman, State Senator Heath Mello of Omaha, who sponsored LB402, Senator Ken Schilz of Ogallala, who co-sponsored LB402, and Senator Al Davis of Hyannis, who made LB402 his Priority Bill, participated in the LB402 signing ceremony. Senator Annette Dubas of Fullerton was also a LB402 co-sponsor.
LB402 updates and expands the criteria for use of the C-BED law to qualify for sales tax abatement including solar energy in addition to wind energy, allowing Nebraska content of labor, materials, professional services and components, allow corporations domiciled in Nebraska to meet the definition of “qualified owner,” and reduces the qualifying percentage from 33% to 25% to qualify.