One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB417 € Chairperson: Senator Dave Murman Committee: Education Date of Hearing: February 18, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB417 codifies the Nebraska Promise Program, established by the University of Nebraska, and creates the College Promise Program to provide tuition waivers for qualified Nebraska resident students attending community colleges or State Colleges, provided their family income is below $65,000 per year as determined by the FAFSA. Additionally, LB417 expands opportunities for Nebraska high school seniors to enhance their postsecondary readiness. It allows students to retake the national college admission exam to improve their scores and preparedness for degree programs. The bill also offers an option for seniors to take nationally recognized career readiness assessments, leading to a National Career Readiness Certificate, providing clear insights into their workforce readiness after high school. € Principal Introducer:________________________________ Senator Eliot Bostar - 1 -