Betcha

The Legislature reconvenes on Tuesday, Day 63 of this 90-day session. The $9.7 billion biennial budget is scheduled for Final Reading after advancing from Select File last Friday. And yes, the kids were active and noisy.

When the Appropriations Committee delivers their budget to the floor for General File debate, senators tinker with it both on General File and Select File. They are attempting to capture funding for their bills that the Committee shunned. It’s expected. But Final Reading is different. After two rounds of debate, fools who attempt to increase or redirect budget funds on Final Reading land nose to nose with former Husker national champion linebacker and chair of the Appropriations Committee, Senator John Stinner. Any questions?

A senator threw a tantrum that slowed the process for several days last week. A cookie and a hug seemed to smooth things over.

Speaking of the Huskers, Tom Osborne lost a decades-long fight against the expansion of gambling. The enacting bill, LB561, is on Tuesday’s Select File agenda. The bill creates a State Racing and Gaming Commission as approved by voters at the November 2020 electrocution. We are talking about sports betting, casino gambling, electronic keno, and wagering on horses, and lions, and tigers, and bears, oh my.

The Nebraska Economic Forecasting Advisory Board says state tax collections are killing it with higher than expected receipts from sales, use, individual, and corporate income taxes. Their forecast for March was $306 million, and net tax collections were $363 million. Tax collections so far in this fiscal year (which ends June 30) are $4.133 billion compared to the Board’s prediction of $3.574 billion. And Washington is preparing to send us yet another stimulus check.

Bill Tracker

Approved by the Governor

LB177 (Lindstrom) SUPPORT – Increases the time for the perfection of Fertilizer and Agricultural Chemical Liens, and increases the time for the perfection of Seed Lien or Electrical Power/Energy Liens from the current sixty (60) days to one hundred twenty (120) days after the last delivery of goods or services covered by these respective liens.

Final Reading

LB507 (Bostelman) (Natural Resources Priority) SUPPORT
AM256 (Hughes) Adds antelope and elk to depredation season. Also redefines elector for any irrigation district which borders another state, comprises less than 2,000 acres and one-half or more landowners, etc., are not Nebraska residents.
AM365 (Hughes) One-time fund transfer from the Water Sustainability Fund to the Department of Natural Resources.
AM567 (J. Cavanaugh) The use of seed that is treated, as defined in section 81-2,147.01, in the production of agricultural ethyl alcohol shall be prohibited if such use results in the generation of a byproduct that is deemed unsafe for livestock consumption or land application.
AM859 (Hughes) Provides that the bill, as amended, becomes law upon the Governor’s signature.

Select File

LB644 (B. Hansen Priority) MONITOR – Property Tax Request Act to increase transparency for impacted political subdivisions that raise their property tax levies.
AM755 (Halloran) Better defines political subdivision, public meeting criteria, property tax requests, and public notification.
AM854 (Halloran) When property tax valuation, as determined by a county assessor, is deemed excessive, the overpayment amount shall be returned to the taxpayer. The unpaid balance shall accrue nine percent interest. Political subdivisions can no longer claim hardship to delay repayment of funds.

General File

LB84 (Bostelman) (Speaker Priority) MONITOR – Changes provisions relating to tax incentive performance audits and redefines a term under the ImagiNE Nebraska Act
LB90 (Halloran) MONITOR – Amends the Nebraska Pesticide Act by reallocating the pesticide registration fee distribution. It further amends the Nebraska Commercial Fertilizer and Soil Conditioner Act by allowing the Director to adjust the inspection fee each July 1.
LB91 (Brandt) MONITOR – Expands the date after germination or viability testing that native flower and grass seeds may continue to be sold or offered for sale without retesting and allowing seed viability testing instead of germination rate testing for certain seeds.
AM96 Defines native and nonnative plant species, seed germination, storage, testing, viability, and sales.
LB432 (Revenue Committee Priority) – MONITOR – Income tax shell bill.
AM774 The following bills on our tracking sheet are amended into LB432:
LB564 (McDonnell) Adds apprenticeship programs to the definition of qualified higher education expense in the Nebraska Educational Savings Plan Trust (NEST)
LB597 (Albrecht) Provides a $2,000 income tax credit to a parent of a stillborn child.
LB347 (Lindstrom) Amended version: Dividends deemed to be received include income included in federal income under section 951A of the Internal Revenue Code net of the deduction in section 250(a)(1)(B) of the code.
LB680 (Linehan) Beginning 1/1/2022, the income tax rate would be reduced to 5.58% on the first $100,000 of taxable income and 6.84% on all taxable income over $100,000.
LR11CA (Erdman Priority Resolution) MONITOR – Resolution for a constitutional amendment for a consumption tax. LR11CA changes the way taxes are collected and replaces the income tax, the sales tax, the property tax, and the inheritance tax with a consumption tax and directs the Legislature to enact a consumption tax.

Held In Committee

LB52 (Lathrop) MONITOR – Immunity for injury or death resulting from COVID-19 exposure.
LB79 (Briese) MONITOR – Changes the minimum amount of relief provided under the Property Tax Credit Act.
LB133 (Erdman) MONITOR – Adopts a consumption tax and eliminates other taxes.
LB139 (Briese) (Slama Priority) MONITOR – Provides general safe harbor and premises liability protections on potential COVID-19 lawsuits.
LB290 (M. Cavanaugh) OPPOSE – Adopts the Paid Family & Medical Leave Insurance Act.
LB329 (Wayne) MONITOR – The minimum average wholesale gasoline price would be $2.44.
AM411 The amendment provides employers with tax incentives for hiring felons, including those on parole or probation.
LB422 (Briese) MONITOR – Reduce state sales tax from 5.5 cents to 5 cents and eliminate some sales tax exemptions.
LB430 (Revenue) MONITOR – Property tax shell bill.
LB433 (Revenue) MONITOR – Sales tax shell bill.
LB483 (J Cavanaugh) MONITOR – Creates a $250,000 climate change study and plan.
LB543 (Brandt) SUPPORT – Agricultural Equipment Right-To-Repair-Act.
AM284 – Compreshesive rewrite including definitions of documentation, fair and reasonable terms, software, etc.
LB622 (Friesen) MONITOR – Limits real property valuations’ growth and provides adjustments to assessed values.
LB625 (Vargas) MONITOR – Imposes a surtax on certain taxable income and uses the tax proceeds for early childhood education.
LB634 (J. Cavanaugh) OPPOSE – Provides a cause of action for unsafe disposal of treated seed. The bill is no longer in play due to the passage of Sen. Cavanaugh’s AM567 to LB507.
LB672 (Murman) SUPPORT – Changes the sales and use tax exemption on agricultural machinery and equipment.
LR5 (Gragert) MONITOR – Recommendations from the Healthy Soils Task Force delivered to the Legislature.