# Nebraska LB126: Change provisions relating to redemption of bonds of political subdivisions

Nebraska LB126, Change provisions relating to redemption of bonds of political subdivisions, is a 109th Legislature 1st and 2nd Sessions legislature bill sponsored by Rick Holdcroft; status signed, last action 2025-02-25 (Approved by Governor on February 25, 2025) (as of 2026-10-19).

- Canonical: https://policyrisk.com/state-bill/NE-LB126-109
- As of: 2026-10-19
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Nebraska LB126
- State: Nebraska
- Session: 109th Legislature 1st and 2nd Sessions
- Title: Change provisions relating to redemption of bonds of political subdivisions
- Status: signed
- Chamber: legislature
- Introduced: 2025-01-10
- Last action: 2025-02-25, Approved by Governor on February 25, 2025
- Sponsor: Rick Holdcroft
- Cosponsors: 0
- Subjects: Government, Military and Veterans Affairs Committee
- Touches household money: no
- Roll calls: 2 (89 yes, 0 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Counties get more bond call flexibility: benefit, low. County bonds sold to an underwriting firm in a competitive sale do not have to include the standard five‑year call feature. Counties and underwriters can set different call terms for these bonds. The bond documents must clearly state when the five‑year call does not apply.
- Simpler process to call some bonds: mixed, low. If a bond has no special call procedure, the governing body can call it by resolution or ordinance. The call can depend on issuing refunding bonds or another event that brings in the needed money. The issuer must deposit enough funds with the paying agent to pay the bonds and interest to the call d…

## Sponsors and cosponsors

- Sponsor: Rick Holdcroft, Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-02-21 | legislature | Final Reading | pass | 48 | 0 | 1 |
| 2025-01-29 | legislature | Vote | fail | 41 | 0 | 8 |

## Actions (12)

- 2025-02-25: Approved by Governor on February 25, 2025 (legislature)
- 2025-02-21: Presented to Governor on February 21, 2025 (legislature)
- 2025-02-21: President/Speaker signed (legislature)
- 2025-02-21: Passed on Final Reading 48-0-1 (legislature)
- 2025-02-13: Placed on Final Reading (legislature)
- 2025-02-07: Advanced to Enrollment and Review for Engrossment (legislature)
- 2025-01-31: Placed on Select File (legislature)
- 2025-01-29: Advanced to Enrollment and Review Initial (legislature)
- 2025-01-27: Placed on General File (legislature)
- 2025-01-15: Notice of hearing for January 22, 2025 (legislature)
- 2025-01-14: Referred to Government, Military and Veterans Affairs Committee (legislature)
- 2025-01-10: Date of introduction (legislature)

## Bill text

- Introduced, 2025-01-10: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB126.pdf)
- Enrolled / Slip Law: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB126.pdf)
- Final / Enacted: [PDF](https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB126.pdf)

## Related bills

- LB468: Change provisions relating to inheritance taxes, change certain fee and tax provisions, and eliminate a sales tax exemption relating to data centers (failed)
- LB13: Require the Department of Health and Human Services to file a state plan amendment relating to child care (failed)
- LB677: Change provisions of the Nebraska Medical Cannabis Regulation Act and provide for regulation of medical cannabis (failed)
- LB646: Provide an exemption from brand inspections and change fees under the Livestock Brand Act (failed)
- LB170: Eliminate the sales tax exemptions for candy and soft drinks (failed)
- LB714: Change provisions relating to motor vehicle taxes and fees (failed)

## Sources
- [Introduced (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Intro/LB126.pdf)
- [Enrolled / Slip Law (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Slip/LB126.pdf)
- [Final / Enacted (PDF)](https://nebraskalegislature.gov/FloorDocs/109/PDF/Final/LB126.pdf)

## Related
- [LB468: Change provisions relating to inheritance taxes, change certain fee and tax pro…](https://policyrisk.com/state-bill/NE-LB468-109)
- [LB13: Require the Department of Health and Human Services to file a state plan amendm…](https://policyrisk.com/state-bill/NE-LB13-109)
- [LB677: Change provisions of the Nebraska Medical Cannabis Regulation Act and provide f…](https://policyrisk.com/state-bill/NE-LB677-109)
- [LB646: Provide an exemption from brand inspections and change fees under the Livestock…](https://policyrisk.com/state-bill/NE-LB646-109)
- [LB170: Eliminate the sales tax exemptions for candy and soft drinks](https://policyrisk.com/state-bill/NE-LB170-109)
- [LB714: Change provisions relating to motor vehicle taxes and fees](https://policyrisk.com/state-bill/NE-LB714-109)
- [Nebraska bills](https://policyrisk.com/states/nebraska/bills)
- [Nebraska state hub](https://policyrisk.com/states/nebraska)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/NE-LB126-109 (as of 2026-10-19).