LB264

Provide, change, and eliminate transfers from the Cash Reserve Fund and various other funds and change, terminate, and eliminate various statutory programs

Complete·5/27/25

Nebraska LB264 modifies fund transfers and allocations, establishes new funds, and repeals certain acts.

Nebraska LB264 involves significant changes to fund transfers and allocations across various state funds, establishes new funds, and repeals several acts. It mandates the State Treasurer to transfer funds from the Cash Reserve Fund to various other funds, including the Education Future Fund, General Fund, and several specialized funds like the Nebraska Transformational Project Fund. The bill also creates new funds such as the Nebraska Broadband Office Fund and the Nebraska Environmental Trust Fund, which will be used for specific purposes like broadband access and environmental conservation.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Sponsors

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1
0
Democratic CaucusRepublican Caucus

Roll Call Votes

35 Yea

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13 Nay

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1 Absent

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Calendar

Feb 18, 2025

1:30 PM

Appropriations Hearing

Feb 18, 2025

1:30 PM

Hearing

History

Jun 6, 2025

Legislature

Provisions/portions of LB348 amended into LB264 by AM1389

Jun 6, 2025

Legislature

Provisions/portions of LB451 amended into LB264 by AM835

May 27, 2025

Legislature

Approved by Governor on May 21, 2025