Economic impact of coronavirus slowly emerging
The Coronavirus which is killing Nebraskans and making others very sick also has the potential to greatly injure Nebraska’s economy, an impact which will be felt for at least the next 3 years or longer.
That impact is already changing the Nebraska Legislature and the hopes and dreams of some lawmaker’s ability to push pet projects through to completion in the final 17 days of the current legislative session, whenever that happens.
There will be things, big things, that just won’t make it. Things like property tax relief and increased school aid – sponsors just don’t have the votes necessary to push that big rock up the hill. Economic incentives for big businesses, a plan to rewrite current law which expires in July, is likewise burdened by some who tie its passage to the passage of the property tax bills.
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