ONE HUNDRED NINTH LEGISLATURE - FIRST SESSION - 2025 COMMITTEE STATEMENT LB183 Hearing Date: Wednesday February 05, 2025 Committee On: Government, Military and Veterans Affairs Introducer: DeKay One Liner: Change provisions relating to the Uniform Disposition of Unclaimed Property Act Roll Call Vote - Final Committee Action: Advanced to General File with amendment(s) Vote Results: Aye: 8 Senators Andersen, Cavanaugh, J., Guereca, Hunt, Lonowski, McKeon, Sanders, Wordekemper Nay: Absent: Present Not Voting: Testimony: Proponents: Representing: Senator Barry DeKay Opening Presenter Meaghan Aguirre Nebraska State Treasurer's Office Opponents: Representing: Jerry Raehal Nebraska Press Association Neutral: Representing: * ADA Accommodation Written Testimony Summary of purpose and/or changes: This bill proposes changes to several statutes relating to the State Treasurer’s duties in administering unclaimed property. Section 1 modifies the public notice requirements, requiring that notice be published in every county in the state, not merely counties where an owner is believed to reside. That notice would include instructions for searching for unclaimed property listings rather than a list of persons believed to be the owners of unclaimed property. Section 2 removes obsolete language and also rewords the twenty-four month restriction fee collection by commercial or professional locators of property presumed to be abandoned. Section 3 contains the repealer. Explanation of amendments: Committee Statement: LB183 Government, Military and Veterans Affairs Committee Page 1 f18ceb07b5fc96dfddb5161fb1f74ec6 This amendment strikes original section 1 and instead eliminates the specific notice period in existing law ("between March 1 and March 10") and changes the newspaper notice requirement to be an annual notice in each county. Rita Sanders, Chairperson Committee Statement: LB183 Government, Military and Veterans Affairs Committee Page 2 f18ceb07b5fc96dfddb5161fb1f74ec6