LB 1232

This bill appropriates $20 million from Nebraska's Cash Reserve Fund to the Department of Economic Development to provide a capital construction grant for establishing a United States Strategic Command Nuclear Command, Control, and Communications public-private partnership facility. The grant will be awarded to either a political subdivision or a qualified 501(c)(3) nonprofit organization that can demonstrate support from the U.S. Strategic Command and provide matching funds of $20 million in private or other sources. The funds will only be released after the Department of Economic Development confirms receipt of the $20 million match, ensuring a total investment of at least $40 million in this defense-related infrastructure project.