Overview: LB 261, Appropriate funds for the expenses of Nebraska State Government for the biennium ending June 30, 2027, and appropriate Federal Funds allocated to the State of Nebraska pursuant to the federal American Rescue Plan Act of 2021, Provisions/portions of LB55 amended into LB261 by AM832, Introduced: January 15, 2025
Purpose and Intent: This bill is the main appropriations bill for the State of Nebraska, providing funding for the expenses of state government for the 2025-2027 biennium. It also appropriates federal funds allocated to Nebraska under the American Rescue Plan Act of 2021.
Key Provisions:
- Appropriates funds for the operations of state agencies, programs, and services
- Allocates funding for education, healthcare, infrastructure, and other key areas
- Appropriates federal funds received under the American Rescue Plan Act for various purposes, such as COVID-19 response, economic recovery, and infrastructure investments
Affected Parties and Impacts: This bill would impact all Nebraskans, as it provides funding for the essential functions and services of state government. It would also affect specific industries, organizations, and communities that receive funding or support through the appropriations.
Procedural and Timeline Considerations: LB 261 is the main budget bill for the state of Nebraska. It has been amended to incorporate provisions from LB 55, another appropriations bill. The bill is currently under consideration by the Nebraska Legislature and is expected to be passed and signed into law before the start of the 2025-2027 biennium on July 1, 2025.
