LINCOLN, Neb. (AP) — Nebraska Gov. Pete Ricketts signed a new, $9.7 billion two-year state budget into law on Monday that includes property tax credits and money to potentially build a new state prison.

Ricketts praised several aspects of the budget, including $1.45 billion in state money that will be used for various property tax reduction programs. The budget will grow by 1.7% annually over the two-year period. Ricketts did not veto any portion of the budget.

“The budget I have signed controls state spending and significantly increases direct property tax relief for the people of Nebraska,” Ricketts said in a press release.

The budget also provides $1 billion annually in state aid to Nebraska's K-12 public schools, expands a career scholarship program and kicks off the process of replacing the Nebraska State Penitentiary in Lincoln. Ricketts has pitched a new, $230 million state prison.

Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.