The federal budget and taxes have a direct impact on the residents of Nebraska. OpenSky Policy Institute analyzes the impact federal changes will have on us here at home.
$15 million Next week, senators in the Nebraska Legislature will consider a vote to override the Governor’s line-item veto of rate increases in FY 24-25 for hospitals and nursing homes that provide [...]
$559 million Next week, the Nebraska Legislature is expected to consider packages of proposed personal and corporate income tax cuts (LB 754) and property tax breaks (LB 243) that combined would impact [...]
On Thursday, the Nebraska Legislature met its obligation to pass a balanced budget by Day 80 of the 90-day session. The package of budget bills headed to the Governor’s desk outlines $5.3 [...]
18 As part of the formula to calculate basic funding in TEEOSA, a school takes all of its expenses and then subtracts 18 categories of special allowances. These are items like transportation [...]
The Appropriations Committee today will hear testimony on LB 1014 – the governor’s proposal to distribute $1.04 billion in American Rescue Plan Act (ARPA) dollars. ARPA presents the states, such as Nebraska, with an [...]
The Nebraska Legislature on Friday will consider a motion to pull LR 14 out of the Government, Military and Veterans Affairs Committee. LR 14 is a measure to petition Congress to call a convention [...]
Nebraska legislators and legislative committees have designated their priority bills for the session. Priority bills are placed ahead of non-priority bills on the legislative debate schedule, so receiving a priority designation increases [...]
EDITOR’S NOTE: A description of each CARES Act tax change, as well as the estimate of total revenue reduction, can be found in this Department of Revenue report. The CARES Act tax [...]
Fiscal policy proposals and issues that face the Legislature nearly every year are the focus of OpenSky’s new Issue Brief series.
In Wednesday’s Lincoln Journal Star, OpenSky Executive Director Renee Fry cautioned the Legislature about advancing LB 1058. The bill, which is on the Legislature’s agenda today, relates to an effort to call a Convention of the States to pass a federal fiscal restraints such as a balanced budget amendment.