PREPARED BY: Scott Danigole LB 383 DATE PREPARED: January 23, 2025 PHONE: 402-471-0055 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 383 is the Parental Rights in Social Media Act. Section 2 provides definitions for the Act. Under LB 383, a social media company shall not permit a minor to become an account holder unless the minor’s parent provides express parental consent. A social media platform shall use a reasonable age verification method to verify the age of individuals seeking to become account holders. The Attorney General is charged with enforcement of the Act. Section 6 provides an operative date of January 1, 2026. No fiscal impact. ADMINISTRATIVE SERVICES STATE BUDGET DIVISION: REVIEW OF AGENCY & POLT. SUB. RESPONSE LB: 383 AM: AGENCY/POLT. SUB: Attorney General REVIEWED BY: Jacob Leaver DATE: 1/23/2025 PHONE: (402) 471-4173 COMMENTS: Concur with the Attorney General’s estimate of no fiscal impact as a result of LB 383.