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LB749 LB749 2026 ~~LEGISLATURE~~ OF ~~NEBRASKA~~ ~~ONE~~ ~~HUNDRED~~ ~~NINTH~~ ~~LEGISLATURE~~ ~~SECOND~~ ~~SESSION~~ ~~LEGISLATIVE~~ ~~BILL~~ ~~749~~ ~~FINAL~~ ~~READING~~ Introduced by Sorrentino, 39.

LB749 LB749 2026 LEGISLATIVE BILL 749 Approved by the Governor April 14, 2026 Introduced by Sorrentino, 39.

~~Read~~ ~~first~~ ~~time~~ ~~January~~ ~~07,~~ ~~2026~~ ~~Committee:~~

A BILL FOR AN ACT relating to aid to municipalities;

~~Revenue A BILL FOR AN ACT relating to aid to municipalities;~~

Be it enacted by the people of the State of Nebraska, ~~-1-~~ ~~LB749~~ ~~LB749~~ ~~2026~~ Section 1.

Be it enacted by the people of the State of Nebraska, Section 1.

~~77-27,139.03~~ ~~(1)~~ State aid provided to municipalities pursuant to sections 77-27,139.01 to 77-27,139.04 shall be calculated by determining the average property tax levy for operational purposes other than for principal and interest payments on the indebtedness of all incorporated municipalities.

77-27,139.03 (1) State aid provided to municipalities pursuant to sections 77-27,139.01 to 77-27,139.04 shall be calculated by determining the average property tax levy for operational purposes other than for principal and interest payments on the indebtedness of all incorporated municipalities.

(4) If the amount of money in the Municipal Equalization Fund is less than the total amount of state aid for all municipalities as required by the allocation formula in subsection (2) of this section, the ~~-2-~~ ~~LB749~~ ~~LB749~~ ~~2026~~ money in the fund shall be allocated on a prorated basis to such municipalities.

(4) If the amount of money in the Municipal Equalization Fund is less than the total amount of state aid for all municipalities as required by the allocation formula in subsection (2) of this section, the money in the fund shall be allocated on a prorated basis to such municipalities.

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