PREPARED BY: Suzanne Houlden
LB 595 DATE PREPARED: March 03, 2025
PHONE: 402-471-0057
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 595 proposes to create the Research Excellence Cash Fund, to be managed by the University of Nebraska (Board of Regents). The
fund is to consist of money from gifts, grants, o r bequests designated for t he fund and transfers authorized by the Legislature. The fund
would be used to support research-based investments in data, data collection, and ongoing research critical to the Nebraska economy,
including, but not limited to, the Nebraska Mesonet system. The Nebraska Mesonet is a statewide network of automated weather
monitoring stations that measures variables such as air temp erature, humidity, precipitation, wind speed, and the like. The bill, as
written, does not propose transf ers into the fund, or appropriations from the fund, so there is no fiscal impact. 0595Create the Research Excellence Cash Fund
__________________________________
EXPENDITURESEXPENDITURES
NUMBER OF POSITIONS
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1)
FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
University of Nebraska System
Prepared by:
(3)
Anne Barnes Date Prepared:
(4)
01/30/2025 Phone:
(5)
(402) 559-6300
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025 - 26 FY 2026 - 27
EXPENDITURES REVENUE
GENERAL FUNDS
0.00 0.00
CASH FUNDS
0.00 0.00
FEDERAL FUNDS
0.00 0.00
OTHER FUNDS
0.00 0.00
TOTAL FUNDS
0.00 0.00
EXPENDITURES REVENUE
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
0.00 0.00
Explanation of Estimate:
No fiscal impact.
LB 595, if passed, would allow investments toward data and data collection research at the University of Nebraska.
BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE
Personal Services:
POSITION TITLE
Benefits..............................................
Operating...........................................
Travel.................................................
Capital outlay....................................
Aid...................................................
Capital improvements........................
TOTAL......................................
25 - 26
0
0
26 - 27
0
0
2025 - 26 2026 - 27