Nebraska 2025-2026 Regular Session

Nebraska Legislature Bill LB114 Compare Versions

Only one version of the bill is available at this time.
OldNewDifferences
11 /(*,6/$785(2)1(%5$6.$
22 21(+81'5('1,17+/(*,6/$785(
33 ),5676(66,21
44 /(*,6/$7,9(%,//
55 b
66 ,QWURGXFHGE\ 0RVHU
77 5HDGILUVWWLPH-DQXDU\
88 &RPPLWWHH
99 $ %,// )25 $1 $&7 UHODWLQJ WR PRWRU YHKLFOHV WR DPHQG VHFWLRQ 
1010 5HLVVXH 5HYLVHG 6WDWXWHV RI 1HEUDVND DQG VHFWLRQV  DQG
1111  5HYLVHG 6WDWXWHV &XPXODWLYH 6XSSOHPHQW  WR LQFUHDVH
1212 IHHV UHODWHG WR UHFRUGV UHTXHVWV WR FKDQJH WKH GLVWULEXWLRQ RI
1313 FHUWDLQ UHYHQXHV WR GHILQH D WHUP WR HOLPLQDWH REVROHWH
1414 SURYLVLRQV WR KDUPRQL]H SURYLVLRQV WR SURYLGH DQ RSHUDWLYH GDWH
1515 WRUHSHDOWKHRULJLQDOVHFWLRQVDQGWRGHFODUHDQHPHUJHQF\
1616 %HLWHQDFWHGE\WKHSHRSOHRIWKH6WDWHRI1HEUDVND
1717 /%
1818 
1919 /%
2020 
2121  6HFWLRQ  6HFWLRQ  5HYLVHG 6WDWXWHV &XPXODWLYH 6XSSOHPHQW
2222 LVDPHQGHGWRUHDG
2323 b   7KH GLUHFWRU VKDOO DVVLJQ D GLVWLQJXLVKLQJ QXPEHU WR HDFK
2424 RSHUDWRUVOLFHQVHLVVXHGDQGVKDOONHHSDUHFRUGRIWKHVDPHZKLFKVKDOO
2525 EH RSHQ WR SXEOLF LQVSHFWLRQ E\ DQ\ SHUVRQ UHTXHVWLQJ LQVSHFWLRQ RI VXFK
2626 UHFRUG ZKR TXDOLILHV XQGHU VHFWLRQ  RU  $Q\ SHUVRQ
2727 UHTXHVWLQJ VXFK GULYHU UHFRUG LQIRUPDWLRQ VKDOO IXUQLVK WR WKH 'HSDUWPHQW
2828 RI 0RWRU 9HKLFOHV D  YHULILFDWLRQ RI LGHQWLW\ DQG SXUSRVH WKDW WKH
2929 UHTXHVWHU LV HQWLWOHG XQGHU VHFWLRQ  RU  WR GLVFORVXUH RI
3030 WKH SHUVRQDO LQIRUPDWLRQ LQ WKH UHFRUG E  WKH QDPH RI WKH SHUVRQ ZKRVH
3131 UHFRUGLVEHLQJUHTXHVWHGDQG F ZKHQWKHQDPHDORQHLVLQVXIILFLHQWWR
3232 LGHQWLI\ WKH FRUUHFW UHFRUG WKH GHSDUWPHQW PD\ UHTXHVW DGGLWLRQDO
3333 LGHQWLI\LQJ LQIRUPDWLRQ 7KH GHSDUWPHQW VKDOO XSRQ UHTXHVW RI DQ\
3434 UHTXHVWHU IXUQLVK D FHUWLILHG DEVWUDFW RI WKH RSHUDWLQJ UHFRUG RI DQ\
3535 SHUVRQ LQ HLWKHU KDUG FRS\ RU HOHFWURQLFDOO\ DQG VKDOO FKDUJH WKH
3636 UHTXHVWHUDIHHRIWKUHHGROODUVSHUDEVWUDFW
3737   7KH GHSDUWPHQW VKDOO UHPLW DQ\ UHYHQXH JHQHUDWHG XQGHU
3838 VXEVHFWLRQV   WKURXJK   RI WKLV VHFWLRQ WR WKH 6WDWH 7UHDVXUHU DQG
3939 WKH 6WDWH 7UHDVXUHU VKDOO FUHGLW IRUW\RQH DQG WZRWKLUGV SHUFHQW WR WKH
4040 'HSDUWPHQW RI 0RWRU 9HKLFOHV &DVK )XQG WZHQW\ILYH SHUFHQW WR WKH
4141 *HQHUDO )XQG DQG WKLUW\WKUHH DQG RQHWKLUG SHUFHQW WR WKH 5HFRUGV
4242 0DQDJHPHQW&DVK)XQG
4343   7KH GLUHFWRU VKDOO XSRQ UHFHLYLQJ D UHTXHVW DQG DQ DJUHHPHQW
4444 IURP WKH 8QLWHG 6WDWHV 6HOHFWLYH 6HUYLFH 6\VWHP WR FRPSO\ ZLWK
4545 UHTXLUHPHQWV RI WKLV VHFWLRQ IXUQLVK GULYHU UHFRUG LQIRUPDWLRQ WR WKH
4646 8QLWHG 6WDWHV 6HOHFWLYH 6HUYLFH 6\VWHP WR LQFOXGH WKH QDPH SRVW RIILFH
4747 DGGUHVVGDWHRIELUWKVH[DQGVRFLDOVHFXULW\QXPEHURIOLFHQVHHV7KH
4848 8QLWHG 6WDWHV 6HOHFWLYH 6HUYLFH 6\VWHP VKDOO SD\ DOO FRVWV LQFXUUHG E\
4949 WKH GHSDUWPHQW LQ SURYLGLQJ WKH LQIRUPDWLRQ EXW VKDOO QRW EH UHTXLUHG WR
5050 SD\ DQ\ RWKHU IHH UHTXLUHG E\ ODZ IRU LQIRUPDWLRQ 1R GULYHU UHFRUG
5151 LQIRUPDWLRQ VKDOO EH IXUQLVKHG WR WKH 8QLWHG 6WDWHV 6HOHFWLYH 6HUYLFH
5252 /%
5353 
5454 /%
5555 
5656  6\VWHP UHJDUGLQJ DQ\ IHPDOH QRU UHJDUGLQJ DQ\ PDOH RWKHU WKDQ WKRVH
5757 EHWZHHQWKHDJHVRIVHYHQWHHQ\HDUVDQGWZHQW\VL[\HDUV7KHLQIRUPDWLRQ
5858 VKDOO RQO\ EH XVHG LQ WKH IXOILOOPHQW RI WKH UHTXLUHG GXWLHV RI WKH
5959 8QLWHG 6WDWHV 6HOHFWLYH 6HUYLFH 6\VWHP DQG VKDOO QRW EH IXUQLVKHG WR DQ\
6060 RWKHUSHUVRQ
6161   7KH GLUHFWRU VKDOO NHHS D UHFRUG RI DOO DSSOLFDWLRQV IRU
6262 RSHUDWRUV OLFHQVHV WKDW DUH GLVDSSURYHG ZLWK D EULHI VWDWHPHQW RI WKH
6363 UHDVRQIRUGLVDSSURYDORIWKHDSSOLFDWLRQ
6464   7KH GLUHFWRU PD\ HVWDEOLVK D PRQLWRULQJ VHUYLFH ZKLFK SURYLGHV
6565 LQIRUPDWLRQRQRSHUDWLQJUHFRUGVWKDWKDYHFKDQJHGGXHWRDQ\DGMXGLFDWHG
6666 WUDIILF FLWDWLRQ RU DGPLQLVWUDWLYH DFWLRQ 7KH GLUHFWRU VKDOO FKDUJH D
6767 IHH RI WKLUW\  VL[  FHQWV SHU RSHUDWLQJ UHFRUG VHDUFKHG SXUVXDQW WR WKLV
6868 VHFWLRQ DQG WKH IHH SURYLGHG LQ VXEVHFWLRQ   RI WKLV VHFWLRQ IRU HDFK
6969 DEVWUDFW UHWXUQHG DV D UHVXOW RI WKH VHDUFK  )RU HDFK IHH FKDUJHG WKH
7070 GHSDUWPHQW VKDOO UHPLW WR WKH 6WDWH 7UHDVXUHU WZHQW\IRXU FHQWV WR EH
7171 FUHGLWHG WR WKH 'HSDUWPHQW RI 0RWRU 9HKLFOHV &DVK )XQG DQG VL[ FHQWV WR
7272 EHFUHGLWHGDVSURYLGHGLQVXEVHFWLRQ  RIWKLVVHFWLRQ
7373   'ULYHU UHFRUG KHDGHU LQIRUPDWLRQ LQFOXGLQJ QDPH OLFHQVH
7474 QXPEHU GDWH RI ELUWK DGGUHVV DQG SK\VLFDO GHVFULSWLRQ IURP HYHU\
7575 GULYHU UHFRUG PDLQWDLQHG E\ WKH GHSDUWPHQW PD\ EH PDGH DYDLODEOH VR ORQJ
7676 DV WKH 8QLIRUP 0RWRU 9HKLFOH 5HFRUGV 'LVFORVXUH $FW LV QRW YLRODWHG
7777 0RQWKO\ XSGDWHV LQFOXGLQJ DOO QHZ UHFRUGV PD\ DOVR EH PDGH DYDLODEOH
7878 7KHUHVKDOOEHDIHHRI WKLUW\ HLJKWHHQ GROODUVSHUWKRXVDQGUHFRUGV$OO
7979 IHHVFROOHFWHGSXUVXDQWWRWKLVVXEVHFWLRQVKDOOEHUHPLWWHGWRWKH6WDWH
8080 7UHDVXUHUIRUFUHGLWWRWKH'HSDUWPHQWRI0RWRU9HKLFOHV&DVK)XQG
8181   7KH GHSDUWPHQW PD\ HQWHU LQWR D UHFLSURFLW\ DJUHHPHQW ZLWK D
8282 IRUHLJQ FRXQWU\ WR SURYLGH IRU WKH PXWXDO UHFRJQLWLRQ DQG UHFLSURFDO
8383 H[FKDQJH RI D YDOLG RSHUDWRUV OLFHQVH LVVXHG E\ WKLV VWDWH RU WKH
8484 IRUHLJQ FRXQWU\ LI WKH GHSDUWPHQW GHWHUPLQHV WKDW WKH OLFHQVLQJ VWDQGDUGV
8585 RI WKH IRUHLJQ FRXQWU\ DUH FRPSDUDEOH WR WKRVH RI WKLV VWDWH $Q\ VXFK
8686 DJUHHPHQW HQWHUHG LQWR E\ WKH GHSDUWPHQW VKDOO QRW LQFOXGH WKH PXWXDO
8787 /%
8888 
8989 /%
9090 
9191  UHFRJQLWLRQDQGUHFLSURFDOH[FKDQJHRIDFRPPHUFLDOGULYHUVOLFHQVH
9292   )RU  %HJLQQLQJ -XO\   IRU DQ\ UHFRUG SURYLGHG SXUVXDQW WR
9393 VXEVHFWLRQ   RI WKLV VHFWLRQ WKH UHTXHVWHU VKDOO EH UHTXLUHG WR SD\
9494 LQDGGLWLRQWRWKHIHHSUHVFULEHGLQVXFKVXEVHFWLRQDIHHRI WZHQW\RQH
9595 GROODUV IRXUGROODUVDQGILIW\FHQWV SHUUHFRUG )RUHDFKIHHFKDUJHGWKH
9696 GHSDUWPHQW VKDOO UHPLW WR WKH 6WDWH 7UHDVXUHU ILYH GROODUV DQG ILIW\
9797 )LIW\FHQWV WR VKDOO EHFUHGLWHGWRWKH'HSDUWPHQWRI0RWRU9HKLFOHV&DVK
9898 )XQG  HOHYHQ GROODUV DQG ILIW\ FHQWV WR EH FUHGLWHG WR WKH *HQHUDO IXQG
9999 DQG IRXU GROODUV WR  VKDOO  EH FUHGLWHG WR WKH 2SHUDWRUV /LFHQVH 6HUYLFHV
100100 6\VWHP5HSODFHPHQWDQG0DLQWHQDQFH)XQG
101101 6HF  6HFWLRQ  5HLVVXH 5HYLVHG 6WDWXWHV RI 1HEUDVND LV
102102 DPHQGHGWRUHDG
103103    )RU SXUSRVHV RI WKLV VHFWLRQ YHKLFOH PHDQV DQ\ PRWRU
104104 YHKLFOH WUDLOHU PRWRUERDW DOOWHUUDLQ YHKLFOH XWLOLW\W\SH YHKLFOH
105105 VQRZPRELOHRUPLQLELNH
106106     7KH 'HSDUWPHQW RI 0RWRU 9HKLFOHV VKDOO NHHS D UHFRUG RI HDFK
107107 PRWRU  YHKLFOH  WUDLOHU PRWRUERDW DOOWHUUDLQ YHKLFOH XWLOLW\W\SH
108108 YHKLFOH VQRZPRELOH DQG PLQLELNH UHJLVWHUHG RU WLWOHG LQ WKLV VWDWH
109109 DOSKDEHWLFDOO\ E\ QDPH RI WKH RZQHU ZLWK FURVV UHIHUHQFH LQ HDFK
110110 LQVWDQFH WR WKH UHJLVWUDWLRQ QXPEHU DVVLJQHG WR VXFK PRWRU  YHKLFOH 
111111 WUDLOHU PRWRUERDW DOOWHUUDLQ YHKLFOH XWLOLW\W\SH YHKLFOH
112112 VQRZPRELOH DQG PLQLELNH 7KH UHFRUG PD\ EH GHVWUR\HG E\ DQ\ SXEOLF
113113 RIILFHU KDYLQJ FXVWRG\ RI LW DIWHU WKUHH \HDUV IURP WKH GDWH RI LWV
114114 LVVXDQFH
115115  D    7KH GHSDUWPHQW VKDOO LVVXH D FRS\ RI WKH UHFRUG RI D
116116 UHJLVWHUHG RU WLWOHG PRWRU  YHKLFOH  WUDLOHU PRWRUERDW DOOWHUUDLQ
117117 YHKLFOH XWLOLW\W\SH YHKLFOH VQRZPRELOH RU PLQLELNH WR DQ\ SHUVRQ
118118 DIWHU UHFHLYLQJ IURP WKH SHUVRQ WKH QDPH RQ WKH UHJLVWUDWLRQ RU
119119 FHUWLILFDWH RI WLWOH WKH OLFHQVH SODWH QXPEHU WKH YHKLFOH
120120 LGHQWLILFDWLRQ RU RWKHU W\SH RI LGHQWLILFDWLRQ QXPEHU RU WKH WLWOH
121121 QXPEHU RI D PRWRU  YHKLFOH WUDLOHU PRWRUERDW DOOWHUUDLQ YHKLFOH
122122 /%
123123 
124124 /%
125125 
126126  XWLOLW\W\SH YHKLFOH VQRZPRELOH RU PLQLELNH  LI WKH SHUVRQ SURYLGHV WR
127127 WKH GHSDUWPHQW YHULILFDWLRQ RI LGHQWLW\ DQG SXUSRVH SXUVXDQW WR VHFWLRQ
128128  RU  $ IHH RI WKUHH GROODUV RQH GROODU VKDOO EH FKDUJHG
129129 IRU WKH FRS\ $Q\ IHH UHFHLYHG E\ WKH GHSDUWPHQW SXUVXDQW WR WKLV
130130 VXEGLYLVLRQVKDOOEHGHSRVLWHGLQWRWKH/LFHQVH3ODWH&DVK)XQG
131131 E  $Q H[WUDFW RI WKH HQWLUH ILOH RI PRWRU  YHKLFOHV  WUDLOHUV
132132 PRWRUERDWV DOOWHUUDLQ YHKLFOHV XWLOLW\W\SH YHKLFOHV VQRZPRELOHV DQG
133133 PLQLELNHV UHJLVWHUHGRUWLWOHGLQWKHVWDWHRUXSGDWHVWRWKHHQWLUHILOH
134134 PD\ EH SURYLGHG WR D SHUVRQ XSRQ SD\PHQW RI D IHH RI IRUW\  HLJKWHHQ
135135 GROODUVSHUWKRXVDQGUHFRUGV$Q\IHHUHFHLYHGE\WKHGHSDUWPHQWSXUVXDQW
136136 WR WKLV VXEGLYLVLRQ  VXEVHFWLRQ  VKDOO EH GHSRVLWHG LQWR WKH 'HSDUWPHQW RI
137137 0RWRU9HKLFOHV&DVK)XQG
138138     7KH UHFRUG RI HDFK PRWRU  YHKLFOH  WUDLOHU PRWRUERDW DOO
139139 WHUUDLQ YHKLFOH XWLOLW\W\SH YHKLFOH VQRZPRELOH RU PLQLELNH
140140 UHJLVWUDWLRQ RU WLWOH PDLQWDLQHG E\ WKH GHSDUWPHQW SXUVXDQW WR WKLV
141141 VHFWLRQ PD\ EH PDGH DYDLODEOH HOHFWURQLFDOO\ WKURXJK WKH SRUWDO
142142 HVWDEOLVKHG XQGHU VHFWLRQ  VR ORQJ DV WKH 8QLIRUP 0RWRU 9HKLFOH
143143 5HFRUGV 'LVFORVXUH $FW LV QRW YLRODWHG 7KHUH VKDOO EH D IHH RI WKUHH
144144 GROODUV RQHGROODU SHUUHFRUGIRULQGLYLGXDOUHFRUGVDQGIRUGDWDWRGDWD
145145 UHTXHVWV IRU PXOWLSOH PRWRU  YHKLFOH  WUDLOHU PRWRUERDW DOOWHUUDLQ
146146 YHKLFOH XWLOLW\W\SH YHKLFOH VQRZPRELOH RU PLQLELNH  WLWOH DQG
147147 UHJLVWUDWLRQ UHFRUGV )RU EXON UHFRUG UHTXHVWV RI PXOWLSOH PRWRU
148148 YHKLFOH  WUDLOHU PRWRUERDW DOOWHUUDLQ YHKLFOH XWLOLW\W\SH YHKLFOH
149149 VQRZPRELOHRUPLQLELNH  WLWOHVDQGUHJLVWUDWLRQVVHOHFWHGRQWKHEDVLVRI
150150 FULWHULD RI WKH LQGLYLGXDO PDNLQJ WKH UHTXHVW WKHUH VKDOO EH D IHH RI
151151 ILIW\ GROODUV IRU HYHU\ UHTXHVW XQGHU WZR WKRXVDQG UHFRUGV DQG D IHH RI
152152 IRUW\ HLJKWHHQ GROODUVSHURQHWKRXVDQGUHFRUGVIRUDQ\QXPEHURIUHFRUGV
153153 RYHU WZR WKRXVDQG SOXV D UHDVRQDEOH SURJUDPPLQJ IHH QRW WR H[FHHG ILYH
154154 KXQGUHG WZHQW\ GROODUV $OO IHHV FROOHFWHG SXUVXDQW WR WKLV VXEVHFWLRQ
155155 IRU HOHFWURQLF DFFHVV WR UHFRUGV WKURXJK WKH SRUWDO VKDOO EH UHPLWWHG WR
156156 WKH 6WDWH 7UHDVXUHU DQG VKDOO EH FUHGLWHG WR GHSRVLWHG LQ WKH 5HFRUGV
157157 /%
158158 
159159 /%
160160 
161161  0DQDJHPHQW &DVK )XQG DQG VKDOO EH GLVWULEXWHG DV SURYLGHG LQ DQ\
162162 DJUHHPHQWVEHWZHHQWKH6WDWH5HFRUGV%RDUGDQGWKHGHSDUWPHQW H[FHSWWZR
163163 GROODUV SHU UHFRUG IRU LQGLYLGXDO UHFRUGV DQG WZHQW\WZR GROODUV SHU RQH
164164 WKRXVDQG UHFRUGV IRU DQ\ UHTXHVW RYHU WZR WKRXVDQG UHFRUGV VKDOO EH
165165 FUHGLWHGWRWKH/LFHQVH3ODWH&DVK)XQG
166166 6HF  6HFWLRQ  5HYLVHG 6WDWXWHV &XPXODWLYH 6XSSOHPHQW
167167 LVDPHQGHGWRUHDG
168168    7KH 'HSDUWPHQW RI 0RWRU 9HKLFOHV VKDOO EXLOG DQG
169169 PDLQWDLQ D QHZ RSHUDWRUV OLFHQVH VHUYLFHV V\VWHP IRU WKH LVVXDQFH RI
170170 RSHUDWRUV OLFHQVHV DQG VWDWH LGHQWLILFDWLRQ FDUGV 7KH 'LUHFWRU RI 0RWRU
171171 9HKLFOHV VKDOO GHVLJQDWH DQ LPSOHPHQWDWLRQ GDWH IRU WKH QHZ V\VWHP ZKLFK
172172 GDWHLVRQRUEHIRUH-XO\
173173   7KH 2SHUDWRUV /LFHQVH 6HUYLFHV 6\VWHP 5HSODFHPHQW DQG
174174 0DLQWHQDQFH )XQG LV FUHDWHG 7KH IXQG VKDOO FRQVLVW RI DPRXQWV FUHGLWHG
175175 XQGHU VXEVHFWLRQ   RI VHFWLRQ  7KH IXQG VKDOO EH XVHG IRU WKH
176176 EXLOGLQJ LPSOHPHQWDWLRQ DQG PDLQWHQDQFH RI D QHZ RSHUDWRUV OLFHQVH
177177 VHUYLFHV V\VWHP IRU WKH LVVXDQFH RI RSHUDWRUV OLFHQVHV DQG VWDWH
178178 LGHQWLILFDWLRQFDUGV
179179   $Q\ PRQH\ LQ WKH 2SHUDWRUV /LFHQVH 6HUYLFHV 6\VWHP 5HSODFHPHQW
180180 DQG 0DLQWHQDQFH )XQG DYDLODEOH IRU LQYHVWPHQW VKDOO EH LQYHVWHG E\ WKH
181181 VWDWH LQYHVWPHQW RIILFHU SXUVXDQW WR WKH 1HEUDVND &DSLWDO ([SDQVLRQ $FW
182182 DQG WKH 1HEUDVND 6WDWH )XQGV ,QYHVWPHQW $FW %HJLQQLQJ 2FWREHU  
183183 DQ\ LQYHVWPHQW HDUQLQJV IURP LQYHVWPHQW RI PRQH\ LQ WKH IXQG VKDOO EH
184184 FUHGLWHGWRWKH*HQHUDO)XQG
185185 6HF b7KLVDFWEHFRPHVRSHUDWLYHRQ-XO\
186186 6HF   2ULJLQDO VHFWLRQ  5HLVVXH 5HYLVHG 6WDWXWHV RI
187187 1HEUDVND DQG VHFWLRQV  DQG  5HYLVHG 6WDWXWHV &XPXODWLYH
188188 6XSSOHPHQWDUHUHSHDOHG
189189 6HF   6LQFH DQ HPHUJHQF\ H[LVWV WKLV DFW WDNHV HIIHFW ZKHQ
190190 SDVVHGDQGDSSURYHGDFFRUGLQJWRODZ
191191 /%
192192 
193193 /%
194194 
195195