Bill
LB 652
Bill 5 SummaryBill Number: LB 652Title: Terminate the Board of Educational Lands and FundsKey Provisions:- Provides a framework to terminate the Board of Educational Lands and Fund
Bill Number: LB 652
Title: Terminate the Board of Educational Lands and Funds
Key Provisions:
- Provides a framework to terminate the Board of Educational Lands and Funds if a related constitutional amendment (LR28CA) is passed
- Directs the Department of Administrative Services to facilitate the sale and transfer of the lands upon completion of current leases
- Gives current lessees the right of first refusal to purchase the land
- Allocates proceeds from land sales to funds supporting public schools
Impact:
- Eliminates the Board of Educational Lands and Funds if the constitutional amendment is approved
- Transitions management of state-owned educational lands to the Department of Administrative Services
- Redirects revenue from land sales to public school funding
Timeline:
- Bill introduced in January 2025
- Hansen AM149 amendment filed
Compiled from official sources — confirm details with the bill’s official record.
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