ZW Legislative Weekly May 8, 2020
Friday, May 8, 2020
Still no official word on when the Nebraska Legislature will reconvene. Opinions on when the session will resume range from mid-June to September or later, so calendars are still very much in flux. Even without an official restart date, Senators and legislative committees are still preparing for the eventual reconvening. Senators are still very much focused on the passage of property tax relief and Nebraska’s new incentives legislation, though not all Senators are united on the need for both. Even so, bills with fiscal impacts will be given greater scrutiny, due to the budget impacts from the near shutdown of the economy.
As an illustration, we are including the link to this OpenSky Policy Report
that notes three hypothetical revenue situations facing Nebraska. “In each of the hypothetical scenarios, the projected surplus Nebraska lawmakers were working with prior to recessing in March would disappear and in one of the scenarios, the state would face a shortfall this year that would be too large to be closed with the funds in the state’s cash reserve.”
(OpenSky Policy Institute focuses their work and their frequent testimony in front of the Nebraska Legislature on fiscal research and analysis. While some of their policy positions are divisive, we share this projection on the state’s revenue as an estimate of the budget consequences that may result from COVID-19.)
Most of the capitol staff is working remotely, but Senators remain available for meetings and communications about how COVID-19 is impacting business and services and about bills yet to be passed this session. If there are meetings or communications you would like help in setting up, we would love to be of assistance.
Nebraska’s primary election officially takes place this coming Tuesday, May 12. Many of Nebraska’s voters have already returned their ballots via the mail or the ballot drop boxes now available in every county – and a record turnout is expected. Next week’s ZW Weekly will be a special Wednesday edition noting primary election results.
Wishing you continued health,
Katie and Michelle | Zulkoski Weber LLC