PREPARED BY: Scott Danigole
LB 399 DATE PREPARED: February 14, 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 f ollowing the Legislative Fiscal Analyst Estimate.
LB 399 changes provisions of the Mutual Finance Assistance Act.
Section 35-1205 is amended to reduce the population requirement for rural or suburban fire protection districts and mutual finance
organizations to 60% (from 80%) of the assumed population of any one county within the district or organization that is eligible to
receive a distribution from the Mutual Finance Assistance Fund.
No fiscal impact.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 399 AM: AGENCY/POLT. SUB: State Treasurer
REVIEWED BY: Ryan Yang DATE: 1/28/2025 PHONE: (402) 471-4178
COMMENTS: No basis to disagree with the State Treasurer assessment of no fiscal impact from LB 399.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 399 AM: AGENCY/POLT. SUB: Department of Revenue
REVIEWED BY: Ryan Yang DATE: 2/14/25 PHONE: (402) 471-4178
COMMENTS: The Department of Revenue assessment of no fiscal impact to the agency and no General Fund impact due
to LB 399 appears reasonable.
LB 0399 Fiscal Note 2025
State Agency Estimate
State Agency Name: Department of Revenue Date Due LFO:
Approved by: James R. Kamm Date Prepared: 02/14/2025 Phone: 471-5896
FY 2025-2026 FY 2026-2027 FY 2027-2028
Expenditures Revenue Expenditures Revenue Expenditures Revenue
General Funds $ 0 $ 0 $ 0
Cash Funds
Federal Funds
Other Funds
Total Funds $ 0 $ 0 $ 0
Major Objects of Expenditure
25-26 26-27 27-28 25-26 26-27 27-28
Class Code Classification Title FTE FTE FTE Expenditures Expenditures Expenditures
Benefits………………………………………………………………………………………………………….
Operating Costs………………………………………………………………………………………………….
Travel……………………………………………………………………………………………………………
Capital Outlay…………………………………………………………………………………………………...
Capital Improvements…………………………………………………………………………………………...
Total…………………………………………………………………………………………………………….
LB 399 amends the language of a mutual finance organization setting property tax rates must exclude levies for
bonded indebtedness and lease-purchase contracts in existence “on July 1, 1998” to “on or after July 1, 1998”.
LB 399 changed the population requirement for a rural or suburban fire protection district and a mutual finance
organization which contains within its boundaries to 60% of the assumed population of any one county contained
in whole or in part within the district or organization residing outside the city limits of any city of the first, primary,
or metropolitan class in such county shall receive a distribution from the Mutual Finance Assistance Fund.
The operative date for LB 399 is three months after adjournment of the Legislature.
It is estimated that LB 399 will have no impact on General Fund revenues.
It is estimated that there will be no cost to the Department of Revenue to implement this bill.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 399 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
State Treasurer
Prepared by:
(3) Jason Walters Date Prepared:
(4)
January 24, 2025 Phone:
(5)
402-471-2793
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
Explanation of Estimate:
The State Treasurer’s Office doesn’t expect any fiscal impact from LB 3 99 to the office.
_____________________________________________________________________________________________________ _
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……………………………… .....