PREPARED BY: Nikki Swope
LB 325 DATE PREPARED: January 27, 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 325 changes provisions relating to qualifications and requirements for the board of directors of an insurance corporation as provided
in the bill and provides an affidavit that shall be made before an officer authorized to administer oaths under the laws of t he state or the
laws of the state where execution occurs.
No fiscal impact.
ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & PO LT. SUB. RESPONSE
LB: 325 AM: AGENCY/POLT. SUB: Department of Insurance
REVIEWED BY: Ryan Walton DATE: 1/24/2025 PHONE: (402) 471-4174
COMMENTS: The Department of Insurance’s assessment of no fiscal impact from LB 325, appears reasonable.
Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 325 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Department of Insurance
Prepared by:
(3) Jordan Blades Date Prepared:
(4)
1/22/24 Phone:
(5)
402-471-4638
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:
The Department does not anticipate any fiscal impact at this time.
_____________________________________________________________________________________________________ _
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……………………………… .....