Nebraska lawmakers pass $11B budget for next two years
Legislators voted 37 to 11 with 1 not voting on LB 261 with an emergency clause. The bill would appropriate funds for the biennium ending on June 30, 2027.
State senators also voted 35 to 12 with 1 not voting on LB 264 with an emergency clause. The measure would provide, change, and get rid of transfers from the cash reserve fund to help balance the budget.
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I commend the Nebraska Legislature for its work in passing a balanced and historically conservative 2025-2027 biennial budget package. Nebraskans expect us to reduce government spending, invest in our kids, and lower property taxes. I thank the Legislature for rolling back expanded spending, putting idle pillowcase money to work, and having the courage to say no to more spending increases. This budget puts money toward education, property tax relief, elimination of the developmental disability waitlist, and bolsters our national nuclear security, all while closing the $432 million deficit reported in November. With this balanced budget, we have the opportunity to make further investments in addressing our property tax crisis. I look forward to working with the Legislature in the coming weeks to do the right thing for Nebraskans.
Nebraska Governor Jim Pillen
The Nebraska Examiner reports there's about a $1.1 million wiggle room in the budget.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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