Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community
Reliable, Trustworthy Reporting, Capturing The Heartbeat Of Our Community
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The Nebraska Economic Forecasting Advisory Board met on Feb. 29, to review the forecast for the current fiscal year and the next fiscal year. The board increased the previous forecast for fiscal year 2023-2024 by $575 million and decreased the previous forecast for fiscal year 2024-2025 by $525 million, for a total net increase of $50 million over the two-year period. Most of the increase can be attributed to increased receipts from corporate income taxes relative to individual income taxes sinc...
Wednesday, Jan. 3 marked the first day of the 108th Legislature, Second Session. This session also marks the beginning of the second year that I am serving as the representative of the 40th Legislative District. The 40th District covers the counties of Antelope, Cedar, Dixon, Holt, Knox and Pierce. Legislative sessions in even-numbered years last for 60 days. During the short session, senators will make any necessary adjustments to the two-year budget that was developed during the 90-day session...
Almost a year after receiving notification that the Village of Ewing was selected to receive funds to construct a two-unit duplex, officials broke ground on the project, Aug. 1. The $431,640 project, from the Nebraska Affordable Housing Trust Fund, will start construction in mid-August, according to village clerk Sharon Swails. The village will provide a $100,000 match. Village chairman James Ramold said each unit will feature two bedrooms, one bathroom and a single-car garage, available for...
This week saw the Legislature continue to work late into the night to complete its business before adjourning in June. Although only a few bills have advanced thus far, a tremendous amount of work is going on behind the scenes by various legislative divisions such as the clerk’s office, transcribers, bill drafters, information technology, research, and committees to ensure bills are ready for the floor. With all the budget bills sitting on final reading, senators spent several days working to p...
The public hearing process is now complete. A hearing was held on every bill that was introduced before the committee with jurisdiction over the subject matter. The Legislature began meeting in full-day sessions March 8. The following week, we will begin meeting into the evenings, in order to complete our work by April 20. On Monday of this past week, senators focused on consent calendar bills. Consent calendar is a process to allow noncontroversial bills, without priority status, to be debated...
Governor Ricketts signed the budget bills this past week with no line-item vetoes. He praised the Legislature for passing a budget that limited spending growth and placed an emphasis on increased funding for property tax relief measures. The Legislature gave first-round approval to LB 64, which addresses the taxation of social security benefits. LB 64 was introduced by Omaha Senator Brett Lindstrom and prioritized by Seward Senator Mark Kolterman. Only 13 states tax social security benefits....
The Nebraska Economic Forecasting Advisory Board met last week and revised the current forecast upwards. The board projected an increase of $204 million for fiscal year 2020-21, $165 million for fiscal year 2021-22 and $93 million for fiscal year 2022-23, for a total increase of $462 million. The three-year average growth rate increased from 2.9% to 3.4%. Under LB 1107, the property tax relief bill passed last year, property taxpayers are eligible for a refundable income tax credit based on the...
Luna Stephens and Katie Anderson Nebraska News Service During the Nebraska Legislature’s second week back in session, senators advanced the state’s budget to final reading. Senators also attempted to bring new pieces of legislation to address pandemic-related issues like evictions and regulations for meatpacking workers. State budget Senators advanced two state budget bills to final reading on July 28 including $55.2 million for damage from the 2019 floods, $10 million to the rural workforce housing investment fund and $3.7 million inc...
Luna Stephens and Katie Anderson Nebraska News Service Senators passed two state budget bills on July 31 including $55.2 million for damage from the 2019 floods, $10 million to the rural workforce housing investment fund and $3.7 million increase in developmental disability provider rates. LB1008, presented by Speaker Sen. Jim Scheer of Norfolk at the request of Gov. Pete Ricketts, is the $9.4 billion mainline state budget bill. After final reading, bills are submitted to the governor. The governor must sign, veto or line item veto the budget...
State senators resumed the legislative session July 20, after breaking for almost four months due to coronavirus. We are set to complete this 60-day session Aug. 13. During this first week back, we immediately began debating the major issues left pending. Senators voted 30-8 to pull LB 814 from the Judiciary Committee and place it on General File so it can be debated. LB 814 would prohibit live dismemberment abortion and provide for criminal penalties for physicians who perform such abortions....
The Nebraska Economic Forecasting Advisory Board met Feb. 28, to review their forecast for the current and next fiscal years. The board increased the previous forecast by $115 million for fiscal year 2019-20 and by $25 million for fiscal year 2020-21, for a total increase of $140 million over the two-year period. Most of the increase can be attributed to year-to-date actual receipts, as revenues from November through February were $111 million above the October forecast. The $115 million...
Wednesday, Jan. 8 marked the first day of the One Hundred Sixth Legislature, second session. This also marks the beginning of the second year that I am serving as the representative of the 40th Legislative District. The 40th district covers the counties of Boyd, Cedar, Dixon, Holt, Knox and Rock. Legislative sessions in even-numbered years last for 60 days. During the short session, senators will make any necessary adjustments to the two-year budget that was developed during the 90-day session...
