PREPARED BY: Kenneth Boggs
LB 416 DATE PREPARED: February 04, 2025
PHONE: 402-471-0050
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.
LB416 modifies Nebraska’s civil procedure law regarding joint and several liability in cases where a claimant enters into a release,
covenant not to sue, or similar agreement with one of the liable parties. The bill clarifies how such agreements impact the financial
responsibility of other defendants in multi-party claims.
The Department of Administrative Services (DAS) – Risk Management notes that LB 416 could lead to higher judgments and
settlements in cases with multiple defendants. While the exact cost is unclear, it’s reasonable to expect a financial impact on the State
Indemnification, State Insurance, and State Claims Funds, affecting both General and Revolving Funds. Any increase in Revolving
Funds would mean a rate adjustment, and any potential fiscal impact would go through the state claims process for approval. Please complete ALL (5) blanks in the first three lines. 2025
LB
(1) 416 FISCAL NOTE
State Agency OR Political Subdivision Name:
(2)
Department of Administrative Services (DAS) – Risk
Management
Prepared by:
(3) Sarah Skinner Date Prepared:
(4)
2/25/2025 Phone:
(5)
402-419-4229
ESTIMATE PROVIDED BY STATE AGENCY OR POLITICAL SUBDIVISION
FY 2025-26 FY 2026-27
EXPENDITURES REVENUE EXPENDITURES REVENUE
GENERAL FUNDS
CASH FUNDS
FEDERAL FUNDS
REVOLVING
FUNDS
TOTAL FUNDS
See Below See Below
Explanation of Estimate:
LB 416 would change the current law which is that claimants forfeit joint and several liability when they settle
with a joint tort-feasor.
LB 416 could result in higher judgments and settlements of claims against the State in cases where there are
multiple defendants. The exact cost cannot be precisely estimated, but it’s reasonable to project a fiscal impact
to the State Indemnification, State Insurance, and State Claims Funds - both General and R evolving Funds.
Any increase in Re volving Funds would result in a rate increase.
_____________________________________________________________________________________________________ _
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……………………………… .....