LINCOLN- A revised bill aimed at plugging Nebraska’s budget gap by about $51 million, largely by clawing back several business incentives, sparked intense exchanges and nearly three hours of debate Thursday before it advanced another lawmaking step. Legislative Bill 650 is one way the Legislature’s Revenue Committee proposes to help address the state’s projected biennial budget shortfall, said committee chair State Sen. Brad von Gillern of the Elkhorn area, who introduced the bill.

He told lawmakers that the committee used a “last-in-first-out” approach in targeting initiatives previously approved by the Legislature and Gov. Jim Pillen. He said the package scales back or repeals incentives and programs the committee believed would have the least negative impact on a typical taxpayer. “We opted to target business incentives and steer around consumer items as much as possible,” von Gillern said. “In other words, these rollbacks are unlikely to hit the pocketbooks of most everyday Nebraskans.”

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