Labor & Employment

LB 261 is Nebraska's state budget bill for fiscal years 2025-26 and 2026-27, allocating funds for government operations, education, capital projects, and federal American Rescue Plan Act funds. It reappropriates unspent balances from previous years and specifies how federal recovery funds must be used, including restrictions on salary spending. The bill requires agencies to submit detailed budget reports and limits total salary/wage expenditures unless federal funds cover the excess. This directly affects all state agencies, universities, and programs receiving state or federal funds during the 2025-2027 budget period.

This bill sets funding levels for Nebraska state agencies during fiscal years 2023-24 and 2024-25. It allocates specific sums for state government operations, handles unspent balances from prior years, and establishes a cap on state employee salaries and per diem payments. The bill requires agencies to operate within these budget constraints, including limits on total compensation for permanent and temporary staff. It directly affects all state agencies receiving operating funds and governs how they manage their budgets.