State Budget & Taxes

Ensuring the state has the revenue for critical investments and to support its changing economy is vital to Nebraska’s future.

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OpenSkyLIGHTS: Focus on Nebraska fiscal policy (10/16/26)

29,000 According to analysis by health policy think tank KFF, 29,000 fewer Nebraskans are insured through the Affordable Care Act marketplaces than in 2025. The state-run marketplaces are designed to fill the gaps for those who do not have access to employer-sponsored health insurance plans, but do not qualify for

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (10/9/26)

$26 billion Draft regulations have been released on the federal school tax credit program created by H.R. 1, known as the One Big Beautiful Bill Act (OBBBA), which is projected to cost $26 billion per year, significantly outpacing programs like Title 1 and federal school lunch programs designed to support

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (9/25/26)

$218 million The first disbursement of funds from the Rural Health Transformation Program (RHTP), a provision of the One Big Beautiful Bill Act (OBBBA, also known as H.R. 1), has reached Nebraska, part of the first year grant totaling $218 million. The funds are a portion of a $50 billion

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (9/11/26)

19 The current iteration of the Farm Bill, an omnibus package of legislation dealing with agricultural production and nutrition programs, will expire in 19 days. The September 30 deadline looms large in the United States Senate, where the Agriculture Committee’s latest draft failed to move forward last month prior to

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (8/28/26)

-5% When the 110th Nebraska Legislature convenes in January 2027, the body will have significant work ahead of them to close a likely $208 million budget shortfall in the current biennium along with a projected $840 million shortfall for the next budget period beginning in July 2027. Both numbers are

One Big “Beautiful” Bill, One Year Later

On July 4, 2025, fireworks lit up the sky, hot dogs cooked on the grill, households across the country displayed their American flags and the President signed the One Big Beautiful Bill Act (OBBBA, also known as H.R. 1). Fast forward one year, and the fireworks, hot dogs and flags

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/26/26)

$177 million General Fund tax receipts for the month of May fell short of revenue forecasts by about 7.8%, according to new data released by the Nebraska Department of Revenue. This marks the third consecutive month that receipts have come in below forecast, with cumulative receipts now lagging the revenue

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (6/5/26)

$31.27 Trillion The sum of public debt reached $31.27 trillion at the end of April, eclipsing the Gross Domestic Product (GDP) of the United States for the first time since World War II. During that time period, government spending on the war effort drove the increase in national debt, but

OpenSkyLIGHTS: Focus on Nebraska fiscal policy (5/22/26)

8.2% The Nebraska Department of Revenue recently released April General Fund tax receipts, showing a gap of 8.2% between actual collections and the amount forecasted by the Nebraska Economic Forecasting Advisory Board (NEFAB). April is typically the highest month for tax refunds, due to the state and federal income tax

Nebraska to Enact Medicaid Work Requirements 8 months Before Federal Deadline

As OpenSky previously reported, Governor Jim Pillen decided to opt Nebraska into a new set of work requirements for Medicaid recipients beginning today. The May 1 deadline is a full 8 months prior to the deadline imposed by the One Big Beautiful Bill Act and prior to final guidance being

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State Budget & Taxes

State Budget & Taxes Ensuring the state has the revenue for critical investments and to support its changing economy is vital to Nebraska’s future. Key Resources State Budget Overview “Looking for Clarity,” updated in 2023, offers an unbiased look at Nebraska’s budget process, state spending, state revenue and tax expenditures.