LINCOLN, Neb. (AP) – The chairman of the Nebraska Legislatures budget-writing committee is bracing for a sharp drop in tax revenue that could affect the state for the next three years.
Sen. John Stinner, head of the Appropriations Committee, made the comments in a webinar hosted by the Platte Institute, a Nebraska think tank.
Stinner says he cant predict how the coronavirus outbreak will affect the states finances, but he speculates that it could force lawmakers to shelve any bill that costs money, including property tax measures and a business incentive package.
