Budget & Taxes

signed · Nebraska · Legislature Jun 6, 2025

LB 298A: Appropriation Bill

This bill allocates $680,000 annually from the General Fund for fiscal years 2025-26 and 2026-27 to the Legislative Council. The funds are specifically designated to support implementation of Legislative Bill 298 (the main bill it references) and are subject to annual salary limits of $590,500 and $615,700 respectively. It modifies existing budget lines for the Legislative Council's Office of Public Counsel and repeals prior appropriation language, with immediate effect due to an emergency declaration. The bill does not change policy but adjusts funding for legislative operations.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $680,000 annually from General Fund to Legislative Council for implementing LB 298, directly advancing budget operations and funding legislative functions.95% confidence

Sub-Topics Appropriations State Budget

signed · Nebraska · Legislature Jun 2, 2025

LB 288A: Appropriation Bill

This bill appropriates specific funds to support the implementation of Legislative Bill 288. It allocates $97,030 from the Middle Income Workforce Housing Investment Fund and $103,200 from the Affordable Housing Trust Fund for fiscal year 2025-26, and $118,110 and $126,410 respectively for 2026-27, to the Department of Economic Development’s Program 601. The funds are designated to carry out provisions of LB 288, with a cap on salary expenditures at $103,520 for 2025-26 and $138,030 for 2026-27. As a funding bill, it directly affects the Department of Economic Development’s budget execution for Program 601.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates specific funds from housing trust funds to implement LB 288, directly funding affordable housing programs within state budget management.90% confidence ✓ HousingSupports HousingAllocates housing trust funds to implement LB 288, directly funding affordable housing program through dedicated trust funds and specified program.95% confidence

Sub-Topics Appropriations Affordable Housing Housing Finance Property Development

signed · Nebraska · Legislature Jun 6, 2025

LB 9: Change provisions relating to cigarette taxes and the Tobacco Products Tax Act and provide for regulation of products containing nicotine analogues

Nebraska's LB 9 updates tobacco tax and regulation laws to address new nicotine products. It defines "nicotine analogues" (substances chemically similar to nicotine or with similar effects) and creates a new category for "alternative nicotine products" (noncombustible items like vapes or gums containing nicotine, excluding e-cigarettes and FDA-regulated drugs). The bill adds taxes on these products, allows seizure of illegal items as contraband, and imposes penalties for violations. It directly affects retailers selling these products, requiring compliance with new tax rules and labeling. The law excludes e-cigarettes and FDA-approved nicotine products from its provisions.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill imposes new taxes on nicotine analogues and alternative nicotine products, increasing state revenue through updated tax provisions.95% confidence

signed · Nebraska · Legislature Jun 6, 2025

LB 50: Change provisions relating to the distribution of the nameplate capacity tax

LB 50 changes how revenue from Nebraska's nameplate capacity tax on renewable energy facilities is distributed. Five percent of the tax revenue will go directly to the community college in the area where the renewable energy facility (like wind or solar farms) is located. The remaining revenue will be distributed to local governments (cities, counties) that would have collected property taxes on the facility if it weren't exempt, calculated based on each government's share of typical property tax revenue. This distribution continues until the facility's equipment is sold or removed, and the tax revenue cannot be redirected to the state General Fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesRedirects existing renewable energy tax revenue to community colleges and local governments, funding public services without increasing taxes.95% confidence ✓ EnergySupports EnergyBill directs tax revenue from renewable energy facilities (wind/solar) to community colleges and local governments, directly funding renewable energy infrastructure development and community benefits.92% confidence

Sub-Topics Revenue Renewable Energy Solar

in committee · Nebraska · Legislature Aug 20, 2025

LR 118: Interim study to examine and formulate a standardized method of classifying and valuing property relating to biofuel facilities

This legislative resolution (LR 118) proposes an interim study to address inconsistent property valuation methods for biofuel facilities across Nebraska counties. It directs the Revenue Committee to examine current practices and develop a standardized approach for classifying and valuing these properties, which currently vary by jurisdiction. The study aims to create uniformity in tax assessments, reduce financial burdens on biofuel producers, and support industry growth. As a procedural resolution (not an enacted law), it does not change tax rates but sets up a review process to be completed by the committee. The committee will report findings and recommendations to the Legislature after its study concludes.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill aims to standardize property valuation for biofuel facilities, reducing financial burdens on producers through uniform tax assessments, aligning with tax relief indicators.85% confidence ✓ EnergySupports EnergyBill directs study to standardize tax valuation for biofuel facilities, reducing burdens on renewable energy producers to support industry growth. Biofuels are renewable energy, and the study aims to strengthen this sector through uniform tax prac...85% confidence

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in committee · Nebraska · Legislature Oct 3, 2025

LR 189: Interim study to examine the financing of public education through the Tax Equity and Educational Opportunities Support Act formula and develop recommendations for improving school funding in Nebraska

This resolution (LR 189) directs Nebraska's Education Committee to conduct an interim study on how the state funds public schools through the Tax Equity and Educational Opportunities Support Act formula. The study will examine fairness across all school districts, efficiency in using tax resources, and funding stability during economic changes. It specifically aims to evaluate ways to increase state aid to schools and reduce reliance on property taxes. The committee will report its findings and recommendations to the Legislature after completing the study. This is a procedural step to inform future school funding policy, not a law changing current funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill directs study to increase state aid for schools and reduce property tax reliance, aiming to strengthen public education funding through fiscal reforms.95% confidence ✓ EducationSupports EducationDirects study to increase state school funding aid, reduce property tax reliance, and improve equity/stability in school finance through recommendations.95% confidence

Sub-Topics School Funding

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