One Hundred Ninth Legislature - First Session - 2025 Introducer€s Statement of Intent LB422 € Chairperson: Senator Carolyn Bosn Committee: Judiciary Date of Hearing: February 27, 2025 € The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB422 would amend the Transfer on Death Deeds Act to provide that when a transfer on death deed is on file and a transferor dies, coverage of the transferors insurance policy shall extend for a period of 60 days following the death of the transferor. € Principal Introducer:________________________________ Senator Tanya Storer - 1 -