LINCOLN- Flush state coffers have certain Nebraska lawmakers dreaming about large tax cuts and infrastructure projects after fiscal estimates showed projected state revenues topping estimated expenses by $1.9 billion for the two budget years ending June 30, 2025.

Additionally, Nebraska's cash reserve is expected to reach $2.3 billion in that same timeframe, equal to a whopping 35.7% of state tax revenues for the biennium. "We have an unprecedented amount of money available that leads to an unprecedented opportunity," said State Sen. Tom Briese. However, despite the expected overflow, figuring out exactly what to do with this immense opportunity may split lawmakers and put them at odds with Gov.-elect Jim Pillen.

Battles over whether to focus on property tax relief, income tax cuts, revamping school aid, or increasing infrastructure projects loom on the horizon, and newly elected State Sen. Brian Hardin said he knows the choices will be difficult to make. "I've been warned about having so much money," he said.

For the full article click HERE