{"data":{"id":"us-ne/neb.-rev.-stat.-50-419.02","jurisdiction":"us-ne","citation":"Neb. Rev. Stat. § 50-419.02","heading":"Neb. Rev. Stat. § 50-419.02","body":"(1) On November 15, 2016, the Legislative Fiscal Analyst shall prepare and electronically submit a revenue volatility report to the Appropriations Committee of the Legislature. Every two years thereafter the Legislative Fiscal Analyst shall prepare a revenue volatility report to append to the annual report required under section 77-2715.01 . The report shall also be posted on the Legislature's website.\n\n(2) The report shall:\n\n(a) Evaluate the tax base and the tax revenue volatility of revenue streams that provide funding for the state General Fund budget;\n\n(b) Identify federal funding included in the state budget and any projected changes in the amount or value of federal funding or potential areas in which federal funding could be lost;\n\n(c) Identify current and projected balances of the Cash Reserve Fund;\n\n(d) Analyze the adequacy of current and projected balances of the Cash Reserve Fund in relation to the tax revenue volatility and the risk of a reduction in the amount or value of federal funding or potential areas in which federal funding could be lost;\n\n(e) Include revenue projections for the ensuing two fiscal years included in the impending biennial budget; and\n\n(f) Contain any other recommendations that the Legislative Fiscal Analyst determines are necessary.","path":["NE Code","Chapter 50"],"source_url":"https://nebraskalegislature.gov/laws/statutes.php?statute=50-419.02","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:21Z","sha256":"76bfae40845548dd4586967aa8076cfed1ce867dc78cde0a901b043ff9332c28","source_id":"us-ne","stale":false,"prev":"us-ne/neb.-rev.-stat.-50-419.01","next":"us-ne/neb.-rev.-stat.-50-419.03"},"notice":"GroundRules: Original legal text. Not legal advice."}