Nebraska § 50-419.02 - Legislative Fiscal Analyst; revenue volatility report; contents.
Full text of Nebraska Revised Statutes of Nebraska § 50-419.02 — Legislative Fiscal Analyst; revenue volatility report; contents., with citation guidance and answers to common questions.
§ 50-419.02. Legislative Fiscal Analyst; revenue volatility report; contents.
(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.
(2) The report shall:
(a) Evaluate the tax base and the tax revenue volatility of revenue streams that provide funding for the state General Fund budget;
(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;
(c) Identify current and projected balances of the Cash Reserve Fund;
(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;
(e) Include revenue projections for the ensuing two fiscal years included in the impending biennial budget; and
(f) Contain any other recommendations that the Legislative Fiscal Analyst determines are necessary.
Source: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 50-419.02
What does Revised Statutes of Nebraska § 50-419.02 cover?
Section 50-419.02 ("Legislative Fiscal Analyst; revenue volatility report; contents.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 50-419.02?
A common citation format is "Revised Statutes of Nebraska § 50-419.02" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 50-419.02 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.