PREPARED BY: Scott Danigole LB 256 DATE PREPARED: January 22, 2025 PHONE: 402-471-0055 Revision: 00 FISCAL NOTE LEGISLATIVE FISCAL ANALYST ESTIMATE ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates) FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS Any Fiscal Notes received from state agencies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate. LB 256 is the Midwest Interstate Passenger Rail Compact. Section 1 provides a statement of purpose for the Compact and establishes a commission. T he commission shall consist of 4 resident members of each state. Commission duties include, among other things, developing a long-term, interstate plan for high- speed rail passenger service . Section 2 prohibits the State of Nebraska from participating in any rail project or appropri ate money for any rail project proposed by the Compact, unless the specific project is authorized by the enactment of a legislative bill. Section 3 creates the Midwest Interstate Passenger Rail Com pact Cash Fund. The fund shall consist of “ gifts, grants, or bequests from any source, including federal, state, public, and private sources, and may consist of money transferred by the Legislature.” No fiscal impact. ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SU B. RESPONSE LB: 256 AM: AGENCY/POLT. SUB: Nebraska Public Service Commission REVIEWED BY: Joe Massey DATE: 1/22/2025 PHONE: (402) 471-4181 COMMENTS: No basis to disagree with the Nebraska Public Service Commission assessment of no fiscal impact from LB 256 Please complete ALL (5) blanks in the first three lines. 2025 LB (1) 256 FISCAL NOTE State Agency OR Political Subdivision Name: (2) Nebraska Public Service Commission Prepared by: (3) Laurie Casados Date Prepared: (4) 1/21/2025 Phone: (5) 402-471-0252 ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION FY 2025-26 FY 2026-27 EXPENDITURES REVENUE EXPENDITURES REVENUE GENERAL FUNDS CASH FUNDS FEDERAL FUNDS OTHER FUNDS TOTAL FUNDS 0 0 0 0 Explanation of Estimate: LB256 has no fiscal impact for the Public Service Commission. _____________________________________________________________________________________________________ _ BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE Personal Services: POSITION TITLE NUMBER OF POSITIONS 25-26 26-27 2025-26 EXPENDITURES 2026-27 EXPENDITURES Benefits………………………………...…… Operating…………………………...………. Travel……………………………………….. Capital outlay…………………...………….. Aid…………………………………………... Capital improvements……………………... TOTAL……………………………… .....