Nebraska 2025-2026 Regular Session

Nebraska Legislature Bill LB391

Introduced
1/17/25  
Refer
1/22/25  
Engrossed
5/9/25  
Enrolled
5/21/25  
Passed
5/30/25  
Passed
6/5/25  

Caption

Adopt the Give to Enable Scholarship Act and provide for certain income tax adjustments

Impact

The enactment of LB391 is expected to have a significant impact on state laws concerning educational finance and taxation. It establishes a framework that encourages monetary donations to scholarship funds, allowing for greater flexibility in how these funds are utilized for the benefit of students. Additionally, the tax adjustments proposed in the bill could lead to a shift in state revenue patterns, as contributions to scholarships may reduce taxable income for donors. This could foster a culture of philanthropy aimed at supporting education, contributing to a more educated workforce.

Summary

LB391, also known as the Give to Enable Scholarship Act, focuses on enhancing educational funding through the introduction of scholarship opportunities. The bill proposes tax adjustments that incentivize individuals and corporations to contribute to scholarship funds specifically designed to assist qualifying students in affording education. By facilitating increased financial support for education, LB391 aims to alleviate barriers that prevent students from accessing higher education or training programs.

Sentiment

The general sentiment surrounding LB391 is largely positive, with various stakeholders, including educational institutions and advocacy groups, supporting measures that expand access to education. Proponents argue that the bill will bridge the financial gap for many students, thus promoting equity and inclusion in education. However, there are concerns about the sustainability of tax adjustments and the potential implications on the state budget. Critics argue that reliance on voluntary contributions for essential educational funding could create inconsistencies in available resources.

Contention

Notable points of contention have arisen regarding the effectiveness of scholarship programs and the equitable distribution of funds. Some stakeholders are concerned that the bill may favor certain demographics over others, leading to disparities. Additionally, scrutiny around the accountability and transparency of how scholarship funds are distributed could influence the public's perception of the initiative. Therefore, while LB391 promotes educational funding, debates persist about ensuring that all students have fair opportunities to benefit from the scholarships created under this act.

Companion Bills

No companion bills found.

Previously Filed As

NE LB753

Adopt the Opportunity Scholarships Act and provide tax credits

NE LB964

Adopt the Special Education Teacher Forgivable Loan Program Act and provide for scholarships under the Nebraska Career Scholarship Act

NE LB1158

Adopt the Medical Debt Relief Act and provide certain income tax consequences

NE LB1402

Require the State Treasurer to establish education scholarships and eliminate the Opportunity Scholarships Act

NE LB794

Adopt the Nursing Incentives Scholarship Act

NE LB1388

Adopt the Excellence in Education Scholarship Act and the Community College Promise Act and provide for transfers from the Cash Reserve Fund

NE LB51

Provide an income tax adjustment for unrealized capital gains

NE LB1279

Provide an income tax adjustment for unrealized capital gains

NE LB1403

Change provisions of the Opportunity Scholarships Act and the use of credits under the act

NE LB331

Provide for adoption by two persons jointly and change provisions relating to adoptions

Similar Bills

No similar bills found.