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New Two Year State Budget Signed Into Law

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Nebraska Gov. Pete Ricketts has signed a new, $9.7 billion two-year state budget into law that includes property tax credits and money to potentially build a new state prison. Ricketts praised several aspects of the budget, including $1.45 billion in state money that will be used for various property tax reduction programs. The budget will grow by 1.7% annually over the two-year period. Ricketts did not veto any portion of the budget.