Additional budget reports required
Lawmakers gave final approval April 18 to a bill that requires the Legislature to analyze long-term fiscal sustainability by adding a new step to the budget process.
![Sen. Tony Vargas](https://update.legislature.ne.gov/wp-content/uploads/2017/01/SenVargas_inline-200x300.jpg)
LB713, sponsored by Omaha Sen. Tony Vargas, requires the legislative fiscal analyst to create additional revenue and budget reports throughout the biennium.
The reports include a revenue volatility report in even-numbered years, a budget stress test in odd-numbered years and a long-term budget for major programs every four years.
Senators voted 49-0 to pass LB713.
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