Compromise for splitting Nebraska education money advances

 Posted By: KLKN Newsroom

8@klkntv.com

        LINCOLN, Neb. (AP) _ Lawmakers have reached a compromise over how to split millions of dollars in Nebraska Lottery money for education grants and programs.

        Senators advanced a new funding distribution bill Thursday with a 34-0, first-round vote. Lawmakers changed the original measure to ensure K through 12 schools received a larger percentage of the money.

        The largest recipient under the bill is the Nebraska Opportunity Grant program, which provides financial aid to low-income college students. K to 12 schools would receive millions for “innovation grants.”

        Lottery revenue varies by year, depending on ticket sales. Nebraska will have an estimated $27.7 million available in fiscal 2017 and $17.8 million the following year.

        Senator Kate Sullivan of Cedar Rapids, chairwoman of the Education Committee, says lawmakers plan to study college affordability later this year.

        The bill is LB519.