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Coordinating Commission warns fund repeals and transfers in bills would deplete student aid and teacher programs
Summary
The Coordinating Commission for Postsecondary Education told Appropriations the proposals in LB 10 71/72 — including repeal of a trust fund and removal of a $2 million transfer supporting need‑based aid — would reduce Nebraska Opportunity Grant resources, undermine Excellence in Teaching program balances, and require the committee to restore offsets to keep programs whole.
Mike Baumgartner, executive director of the Coordinating Commission for Postsecondary Education, told the Appropriations Committee that budget language in LB 10 71/72 unintentionally repeals or redirects funds the commission relies on to offset general‑fund reductions.
Baumgartner said a repeal of NRS 85‑1420 (the commission trust fund) would prevent the commission from using private gifts and endowed…
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