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NE LB354

Bill

Official Source

Status

Introduced

1/16/2025

Primary Sponsor

Stanley Clouse

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Cities of the first class in Nebraska would be prohibited from receiving state aid from the Municipal Equalization Fund
  • Amends section 77-27,139.03 of the Reissue Revised Statutes of Nebraska
  • The Municipal Equalization Fund provides aid to municipalities based on a formula comparing average per capita property tax and certified valuation
  • Introduced by Senator Clouse (District 37) on January 16, 2025
  • Any excess funds in the Municipal Equalization Fund would continue to be credited to the General Fund

Legislative Description

Prohibit cities of the first class from receiving state aid from the Municipal Equalization Fund

Last Action

Title printed. Carryover bill

1/7/2026

Committee Referrals

Revenue1/21/2025

Full Bill Text

No bill text available