Budget & Taxes (Audits & Accountability)

LB 270 would have allowed Nebraska's Auditor of Public Accounts to conduct audits of businesses suspected of reporting errors in sales and use tax filings, expanding oversight beyond the current Tax Commissioner authority. It directly affects businesses collecting sales tax and local municipalities, which could now share confidential tax information under new exceptions to standard confidentiality rules. The key provision created a specific exception permitting municipalities to disclose tax data when necessary for audits related to local tax collection. However, this bill was amended into LB 650 on June 6, 2025, and is no longer active as a standalone measure.

LB 396 modifies how Nebraska's public power districts submit budgets and audits to the Nebraska Power Review Board. It requires districts to create annual budgets showing detailed revenue and spending from the prior two years, make these budgets available for public inspection 7 days before board meetings, and post any last-minute changes at district headquarters. The bill also mandates that districts file completed financial audits with both the Auditor of Public Accounts and the Nebraska Power Review Board within 180 days after their fiscal year ends. These changes apply directly to public power districts, public power and irrigation districts, and rural power districts operating under Nebraska law. The bill repeals the original budget and audit filing requirements it amends.