We are now in the home stretch in the Legislative session with only 3 days remaining to complete the 60 day requirement. Last week there was a compromise bill brought to the floor (LB 1107) that dealt with property tax relief, tax incentives for businesses, and a $300 million contribution to a new hospital for the University of Nebraska Medical Center.

The legislature debated LB 1107 this week. This bill is a combination of three bills: one to address property taxes, one to provide economic incentives for business, and a bill to give the University of Nebraska Medical Center money for a new expansion.