Require legislative approval of certain University of Nebraska contracts and restrict ownership of certain facilities

Summary

The bill changes the rules governing the University of Nebraska’s contracts, especially those involving major health‑care facilities. It forces the legislature to approve any deal to buy a hospital worth more than $100 million and bars for‑profit or out‑of‑state owners of key UN medical centers unless the state attorney general says it serves the public interest. It also caps contract terms at the end of 2063 and restricts the university from pledging state credit beyond appropriated funds.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share