PREPARED BY: Eric Kasik
LB 529 DATE PREPARED: February 03, 2025
PHONE: 402-471-0053
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 529 amends statute by making the Nebraska Investment Council exempt from the State Procurement Act and the Taxpayer
Transparency Act unless the contract requires payment by the Department of Administrative Services on behalf of Nebraska.
No Fiscal Impact.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 529 AM: AGENCY/POLT. SUB: Department of Administrative Services (DAS)
REVIEWED BY: Ryan Walton DATE: 2/3/2025 PHONE: (402) 471- 4174
COMMENTS: DAS’s assessment of no fiscal impact from LB 529, appears reasonable.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 529 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Department of Administrative Services (DAS) – Materiel
Division
Prepared by:
(3) Michelle Potts Date Prepared:
(4)
1/27/2025 Phone:
(5)
402-432-0121
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
REVOLVING
FUNDS
TOTAL FUNDS
Explanation of Estimate:
LB 529 will make the Nebraska Investment Council contracts exempt from the State Procurement Act as well as
the Taxpayer Transparency Act, unless the contract requires any payment on behalf of the State of Nebraska.
LB 529 has no fiscal impact to the Department of Administrative Services.
_____________________________________________________________________________________________________ _
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……………………………… .....