Adopt the Aid to Municipalities Act

This bill establishes the Aid to Municipalities Act to provide state grants for infrastructure projects in Nebraska cities and villages. The Department of Economic Development would manage a new fund to distribute these grants, which can be used for construction, equipment, or debt related to specific projects like water systems, waste facilities, airports, and transit. Each grant is capped at ten million dollars, and the funds must be kept in a separate account to ensure they are used exclusively for the intended purposes. Additionally, the legislation updates existing state statutes to clarify definitions of terms such as "state aid" and "capital improvements" for various local governments.