About the Transportation Innovation Act
The Transportation Innovation Act is a tool to deliver roads projects faster through innovative methods that are proven in other states and right-sized for Nebraska. This initiative honors Nebraska’s commitment to pay-as-we-go and strengthens state, county, municipal and industry partnerships.
Funding for the Infrastructure Bank will come from multiple sources. $50 million will be capitalized from the Nebraska Cash Reserve Fund and $400 million in new tax revenue from the 2015 gas tax will be utilized. In total, the Transportation Innovation Act will allocate $450 million to Nebraska projects.
Programs and Initiatives Related to the Transportation Innovation Act