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NebraskaLB1067109th Legislature 1st and 2nd SessionslegislatureWALLET

Change provisions relating to the Affordable Housing Trust Fund, the rate and disbursement of the documentary stamp tax, the Rural Workforce Housing Investment Fund, and the Middle Income Workforce Housing Investment Fund

Sponsored By: Bob Hallstrom

Signed by Governor

Revenue Committee

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Affordable Housing Fund protected; two funds close

Starting July 1, 2027, money no longer transfers out of the Affordable Housing Trust Fund. The Rural Workforce Housing Investment Fund ends July 1, 2027; any money left moves to the General Fund. The Middle Income Workforce Housing Investment Fund ends July 1, 2029; any money left moves to the General Fund. The Department of Economic Development also creates a subaccount inside the Middle Income fund to pay for affordable housing and land preparation under the Economic Recovery Act.

Lower stamp tax and fund splits

Real estate transfers pay a documentary stamp tax of $2.32 for each $1,000 of value. Round the price up to the next $1,000 to figure the tax. This replaces the prior $3.00 rate, lowering closing costs. Before January 1, 2032, the register of deeds keeps $0.50 per transfer. The rest is credited per transfer: $0.95 to the Affordable Housing Trust Fund; $0.25 to the Site and Building Development Fund; $0.25 to the Homeless Shelter Assistance Trust Fund; $0.30 to the Behavioral Health Services Fund; $0.07 to the Domestic Violence and Sex Trafficking Survivor Housing Assistance Fund; and $0.50 each to the Rural Workforce Housing Investment Fund and the Middle Income Workforce Housing Investment Fund. On or after January 1, 2032, the two $0.50 credits to the Rural and Middle Income funds end. The other credits and the $0.50 kept by the register remain. For property reporting, a transfer counts as a sale if the stated price is over $100. Before January 1, 2032, paying more than $2.32 in stamp tax also makes it a sale; on or after that date, paying $2.32 makes it a sale. The law repeals and replaces prior sections with these rules.

Sponsors & Cosponsors

Sponsor

  • Bob Hallstrom

    legislature

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 210 • No: 27

legislature vote • 4/24/2026

Vote

Yes: 38 • No: 2 • Other: 9

legislature vote • 4/24/2026

Vote

Yes: 33 • No: 1 • Other: 15

legislature vote • 4/9/2026

Final Reading

Yes: 36 • No: 13

legislature vote • 3/18/2026

Vote

Yes: 33 • No: 1 • Other: 15

legislature vote • 3/9/2026

Vote

Yes: 32 • No: 8 • Other: 9

legislature vote • 3/9/2026

Vote

Yes: 38 • No: 2 • Other: 9

Actions Timeline

  1. Approved by Governor on April 14, 2026

    4/17/2026legislature

  2. Dispensing of reading at large approved

    4/9/2026legislature

  3. Passed on Final Reading 36-13-0

    4/9/2026legislature

  4. President/Speaker signed

    4/9/2026legislature

  5. Presented to Governor on April 9, 2026

    4/9/2026legislature

  6. Placed on Final Reading

    3/25/2026legislature

  7. Kauth FA725 withdrawn

    3/18/2026legislature

  8. Hallstrom AM2737 filed

    3/18/2026legislature

  9. Hallstrom AM2737 adopted

    3/18/2026legislature

  10. Conrad AM2547 filed

    3/18/2026legislature

  11. Conrad AM2547 withdrawn

    3/18/2026legislature

  12. Advanced to Enrollment and Review for Engrossment

    3/18/2026legislature

  13. Placed on Select File

    3/17/2026legislature

  14. Revenue AM2213 adopted

    3/9/2026legislature

  15. Advanced to Enrollment and Review Initial

    3/9/2026legislature

  16. Quick name added

    3/6/2026legislature

  17. Placed on General File with AM2213

    2/26/2026legislature

  18. Revenue AM2213 filed

    2/26/2026legislature

  19. Spivey priority bill

    2/19/2026legislature

  20. Notice of hearing for January 29, 2026

    1/22/2026legislature

  21. Dover name added

    1/21/2026legislature

  22. Referred to Revenue Committee

    1/16/2026legislature

  23. Kauth FA725 filed

    1/15/2026legislature

  24. Date of introduction

    1/14/2026legislature

Bill Text

  • Introduced

    4/17/2026

    PDF

  • Enrolled / Slip Law

    PDF

  • Final / Enacted

    PDF

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