LB 328 Legislature · 109th Legislature (2025-2026)

Change provisions relating to the disbursement of the documentary stamp tax

LB 328 changes how Nebraska's documentary stamp tax revenue is distributed to four specific funds: the Affordable Housing Trust Fund, Homeless Shelter Assistance Trust Fund, Behavioral Health Services Fund, and Site and Building Development Fund. It requires the Department of Economic Development to report detailed project data (like locations, funding amounts, and housing units created) for the Affordable Housing Fund annually. The bill also expands the Behavioral Health Services Fund to include housing assistance for very low-income adults with serious mental illness, with excess funds potentially distributed to regional authorities for housing. These changes harmonize existing funding rules and add transparency requirements for how tax money supports housing and health services.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Apr 17, 2026
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
2
Apr 17, 2026
Committee
Indefinitely postponed
legislature
Jan 21, 2025
Committee
Referred to Revenue Committee
legislature
Jan 16, 2025
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Rick Holdcroft
Rick Holdcroft
NNonpartisan
NE
36