Nebraska LB1125 requires legislative approval for certain University of Nebraska contracts and restricts ownership of certain facilities.
Nebraska LB1125 amends the University of Nebraska's contract authority, requiring legislative approval for contracts exceeding one hundred million dollars. It also restricts ownership of certain facilities by for-profit or out-of-state entities unless the Attorney General determines it to be in the public interest. The bill repeals the original section and declares an emergency, taking effect upon passage and approval.
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