Debate Continues On Nebraska State Budget

The second budget bill was up for debate at the Nebraska Legislature this  morning.

LB 1072, introduced by the Speaker at the request of the Governor, is part of the Governor's 2026 mid-biennium budget adjustment recommendations for the 2025-2027 Biennium.  The bill authorizes and provides for fund transfers, changes certain fund transfer provisions, creates cash funds, and provides for statutory changes to support proposed reductions in spending and appropriation. 

Kearney Senator Stan Clouse introduced AM 2558, which would have restored 14 million dollars to the Municipal Equalization Fund.

Grand Island Senator Dan Quick supported the amendment. 

The amendment fell five votes short of adoption.
St. Paul Senator Fred Meyer discussed the possibility of eliminating some sales tax exemptions