One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB261 € Chairperson: Senator Robert Clements Committee: Appropriations Date of Hearing: February 18, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB 261, introduced by the Speaker at the request of the Governor, is part of the Governors biennial budget recommendations. This bill is the mainline appropriations and capital construction bill for the biennium that begins July 1, 2025, and ends on June 30, 2027. This measure includes budget recommendations for all State operations and aid programs.€ The bill includes the appropriate General Fund transfers as well as transfers between specified cash funds.€ The bill also includes the appropriate funds for reaffirmed and new construction projects. Reaffirmed projects include those projects currently underway that have already received approval and funding previously but were funded over several years. In addition to new and reaffirmed projects set forth in the bill, language is included that provides for the re-appropriation of unexpended June 30, 2024, appropriation balances for FY 2024-25 to continue or complete projects. Finally, it provides the necessary definitions for the proper administration of appropriations and personal service limitations. This bill contains the emergency clause and becomes operative on July 1, 2025. Detailed information regarding the Governors budget recommendations may be found in the 2025-2027 Biennium Executive Budget Recommendations, which may be viewed on the Department of Administrative Services State Budget Divisions website at: https://das.nebraska.gov/budget/publications.html € Principal Introducer:________________________________ Senator Speaker Arch, 14 - 1 -