ONE HUNDRED NINTH LEGISLATURE - FIRST SESSION - 2025
COMMITTEE STATEMENT
LB625
Hearing Date: Monday February 03, 2025
Committee On: Education
Introducer: Dover
One Liner: Provide for the establishment of a database of financial information from all school districts in the
state
Roll Call Vote - Final Committee Action:
Advanced to General File with amendment(s)
Vote Results:
Aye: 7 Senators Conrad, Hughes, Juarez, Lonowski, Meyer, Murman,
Sanders
Nay: 1 Senator Hunt
Absent:
Present Not Voting:
Testimony:
Proponents: Representing:
Senator Robert Dover Opening Presenter
Opponents: Representing:
Neutral: Representing:
* ADA Accommodation Written Testimony
Summary of purpose and/or changes:
LB 625 requires school districts in Nebraska to provide information for the creation of a financial database, overseen
by the Tax Commissioner and the Department of Revenue. The Department of Revenue is responsible for
developing, maintaining, and publicly displaying the database on its website, which will include financial details such
as revenue sources, expenditures, and a balance sheet outlining all assets and liabilities, reflecting both committed
and uncommitted funds. The Tax Commissioner will set an implementation deadline for this database, no later than
January 1, 2026. School districts are required to provide necessary financial information to the Department annually,
and the Department must update the database within 30 days of receiving new data. The law also ensures that
confidential information or non-public records are not required to be disclosed.
Explanation of amendments:
AM 108 changes the wording on page 2, line 1, by replacing "Revenue" with "Administrative Services." It also
removes the language on page 2, lines 6-7, starting with "Tax" and ending with "Commissioner," and replaces it with
"budget administrator of the budget division of the Department of Administrative Services."
Committee Statement: LB625
Education Committee
Page 1 99da3eb99a276d0823ae000f2603ed2c In summary, AM 108 assigns the responsibility of developing, maintaining, and publicly displaying the database on its
website to the Department of Administrative Services, rather than the Department of Revenue. Additionally, the
budget administrator of the budget division of the Department of Administrative Services, rather than the Tax
Commissioner, will set the implementation deadline for the database, which must be no later than January 1, 2026.
Dave Murman, Chairperson
Committee Statement: LB625
Education Committee
Page 2 99da3eb99a276d0823ae000f2603ed2c