LINCOLN - In a 35-12 vote Thursday, the Legislature successfully advanced the cash funds transfer budget bill, reducing the budget deficit by $83.2 million, after failing hours earlier to advance the main budget bill.

During the second round of debate on the cash funds transfer bill (LB1072), lawmakers approved an amendment put forth by Appropriations Committee chair Sen. Robert Clements of Elmwood, reducing the remaining $125 million deficit to roughly $41.8 million through new or amended cash fund transfers. Clements' amendment reflects some of the work done by the committee between first and second rounds of debate on the bill.

For the full article, click HERE