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Groene explains micro-TIF to city council


Groene explains micro-TIF to city council
by: George Lauby - Apr. 19, 2021
Top News
The state’s new micro-TIF program gives home and business owners an incentive to fix up older buildings in town, Sen. Mike Groene told the city council at a Friday afternoon work session.
Groene said tax increment financing has been used to incentivize large projects, but it was not practical to use in older parts of town that are blighted and substandard.
“It was hard to do in older parts of town because they needed expanses of area,” he said.
To pay for legal fees and consultants, the project had to be for a larger amounts of money, he said. ....

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Education Committee Hears of Need for Youth Financial Literacy


BY
Unicameral Update |
February 1, 2021
The Education Committee heard testimony Feb. 1 on two bills intended to improve Nebraska students’ personal finance skills.
Under LB327, introduced by Sen. Julie Slama of Peru, students must complete at least one half-credit hour of a personal finance or financial literacy course prior to graduation, beginning in school year 2022-23.
“Without a requirement that all students have a basic understanding of personal finance,” she said, “we’re risking the financial future of our youth.”
LB452, introduced by Omaha Sen. Terrell McKinney, would require each school district to create a financial literacy program and incorporate it into its K-12 curriculum. ....

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