NE Legislature Approves Budget Bills

NE LegislatureNebraska lawmakers have given final approval to the seven budget bills that make the state’s two-year budget.

Lawmakers passed the measures on Monday through their third and final vote. They now head to Gov. Dave Heineman.

The package contains increases for early childhood education and a two-year tuition freeze at the University of Nebraska and the Nebraska State Colleges. It also includes $230 million in continued funding for a state property tax credit program.

Senators also voted to transfer an additional $53 million into the state’s cash reserve.

Sen. Heath Mello, chairman of the Appropriations Committee, says the money will be available in case of an economic downturn or tax reforms that rise from a state tax-climate study.