The bill appropriates funds to the Coordinating Commission for Postsecondary Education for the fiscal years 2025-26 and 2026-27. Specifically, it allocates $781,647 from the General Fund for FY2025-26 and $1,351,495 from the General Fund for FY2026-27, both designated for state aid purposes. The bill emphasizes that these funds are strictly for state aid and prohibits any expenditures for permanent and temporary salaries and per diems for state employees from the appropriated amounts.
Additionally, the bill includes specific language to ensure that the appropriated funds are utilized solely for the intended purpose of state aid, reinforcing the accountability of the appropriations. This structured funding approach aims to support postsecondary education in Nebraska effectively during the specified fiscal years.