Nebraska LB170A proposes to transfer $100,000,000 from the General Fund to the School District Property Tax Relief Credit Fund for fiscal years.

Nebraska LB170A allocates $100,000,000 from the General Fund to the School District Property Tax Relief Credit Fund for fiscal years 2025-26 and 2026-27. The State Treasurer is directed to make these transfers on specific dates and in amounts determined by the budget administrator of the Department of Administrative Services. These funds are intended to aid in carrying out the provisions of Legislative Bill 170, One Hundred Ninth Legislature, First Session. The bill also specifies that no expenditures for salaries and per diems for state employees can be made from these appropriated funds.

Nebraska LB170A proposes to transfer $100,000,000 from the General Fund to the School District Property Tax Relief Credit Fund for fiscal years.

Nebraska LB170A allocates $100,000,000 from the General Fund to the School District Property Tax Relief Credit Fund for fiscal years 2025-26 and 2026-27. The State Treasurer is directed to make these transfers on specific dates and in amounts determined by the budget administrator of the Department of Administrative Services. These funds are intended to aid in carrying out the provisions of Legislative Bill 170, One Hundred Ninth Legislature, First Session. The bill also specifies that no expenditures for salaries and per diems for state employees can be made from these appropriated funds.