PREPARED BY: Nikki Swope
LB 251 DATE PREPARED: January 22, 2025
PHONE: 402-471-0042
Revision: 00
FISCAL NOTE
LEGISLATIVE FISCAL ANALYST ESTIMATE
ESTIMATE OF FISCAL IMPACT – STATE AGENCIES (See narrative for political subdivision estimates)
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Any Fiscal Notes received from state agencies and political subdivisions are attached following the Legislative Fiscal Analyst Estimate.
LB 251 amends statutes relating to banking and finance. The bill provides updates to meet requirements of federal law; changes
provisions relating to defined words in the event that the entity ’s application is withdrawn or denied; establishes loan limits; provides
clarification for the requirements of applicant banks; provides clarification of safeguards for failing financial institutions; and establishes
interest rates for damages payable to irrigation districts. The bill define s, redefines , and eliminates terms; to harmonizes provisions;
repeals the original sections; and declares an emergency.
No fiscal impact.
ADMINISTRATIVE SERVICES STATE BUDGET DIVIS ION: REVIEW OF AGENCY & POLT. SUB. RESPONSE
LB: 251 AM: AGENCY/POLT. SUB: Department of Banking and Finance
REVIEWED BY: Ryan Walton DATE: 1/22/2025 PHONE: (402) 471-4174
COMMENTS: The Department of Banking and Finance’s assessment of no fiscal impact from LB 251, appears reasonable.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 251 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Nebraska Department of Banking and Finance
Prepared by:
(3) Shauna Paolini Date Prepared:
(4)
01/21/2025 Phone:
(5)
402-471-4954
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
OTHER FUNDS
TOTAL FUNDS
Explanation of Estimate:
No Fiscal Impact
_____________________________________________________________________________________________________ _
BREAKDOWN BY MAJOR OBJECTS OF EXPENDITURE
Personal Services:
POSITION TITLE
NUMBER OF POSITIONS
25-26 26-27
2025-26
EXPENDITURES
2026-27
EXPENDITURES
Benefits………………………………...……
Operating…………………………...……….
Travel………………………………………..
Capital outlay…………………...…………..
Aid…………………………………………...
Capital improvements……………………...
TOTAL……………………………… .....