Section 81-12,108 - [Operative three calendar months after the adjournment of the session] Terms, defined For purposes of the Nebraska Innovation Hub Act:
(1) Department means the Department of Economic Development;(2) Director means the Director of Economic Development;(3) Economic redevelopment area means an area in the State of Nebraska in which: (a) The average rate of unemployment in the area during the period covered by the most recent federal decennial census or American Community Survey 5-Year Estimate by the United States Bureau of the Census is at least one hundred fifty percent of the average rate of unemployment in the state during the same period; and(b) The average poverty rate in the area is twenty percent or more for the federal census tract in the area;(4) iHub area means the geographical area in this state in which an iHub will operate. An iHub area shall be located within: (a) An economic redevelopment area; (b) An enterprise zone designated pursuant to the Enterprise Zone Act;(c) An inland port district as defined in section 13-3303;(d) Thirty miles of the largest artificial reservoir constructed in this state for the storage of water; or(e) Any county having a population of less than one hundred thousand inhabitants;(5) iHub partner means an entity described in section 81-12,111 that collaborates with an iHub for purposes of driving economic growth within an iHub area;(6) Innovation hub or iHub means a private nonprofit corporation that is designated by the director as an iHub or an inland port authority created under the Municipal Inland Port Authority Act; and(7) Postsecondary educational institution means a two-year or four-year college or university which is a member institution of an accrediting body recognized by the United States Department of Education.Neb. Rev. Stat. § 81-12,108
Amended by Laws 2024, LB 1344,§ 16, eff. three calendar months after the adjournment of the session, op. three calendar months after the adjournment of the session.Added by Laws 2022, LB 450,§ 3, eff. 7/21/2022.This section is set out more than once due to postponed, multiple, or conflicting amendments.