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NE LB625
Bill
AI Summary
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Department of Revenue must develop and maintain a publicly accessible website database containing financial information from all Nebraska school districts
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Required database information includes revenue sources, expenditures, and balance sheets showing all assets, liabilities, committed funds, and uncommitted funds
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Tax Commissioner must set an implementation date for the database on or before January 1, 2026
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School districts must provide necessary financial information to the department annually, with the database updated within 30 days of receiving new data
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Information confidential under state or federal law, or exempt from public records under section 84-712.05, is not required to be disclosed
Legislative Description
Provide for the establishment of a database of financial information from all school districts in the state
Last Action
Provisions/portions of LB625 amended into LB306 by AM1562
6/6/2025