NebraskaLB183109th Legislature 1st and 2nd SessionslegislatureWALLET

Change provisions relating to the Uniform Disposition of Unclaimed Property Act

Sponsored By: Barry DeKay

Signed by Governor

Government, Military and Veterans Affairs Committee

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Bill Overview

Analyzed Economic Effects

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

Stronger privacy and finder fee limits

The Treasurer keeps a public list of apparent owners you can inspect during business hours. Paid locators cannot inspect or copy these records, and they cannot charge any fee until 24 months after names are published or officially disclosed. Any fee is capped at 10% of the property’s value, and finders must tell you what and where the property is, when it was or will be reported, and that you can claim it from the Treasurer for free. Social Security numbers, birth dates, and last-known addresses are kept confidential; the Auditor of Public Accounts still has full access. The Treasurer may withhold other records as the law allows, but can share them with you and with other states that grant Nebraska similar rights.

How unclaimed money funds schools

All unclaimed property money, including sale proceeds, goes into the Unclaimed Property Trust Fund. The Treasurer pays allowed claims and program costs from this fund, and the Legislature may direct transfers to the General Fund. On or before November 1 each year, any Trust Fund balance over $1,000,000 goes to the permanent school fund. A separate Unclaimed Property Cash Fund holds amounts taken to cover costs, is invested under state law, and transfers to the General Fund only when directed by the Legislature.

Clearer notices to find your money

The State Treasurer publishes a yearly 'Notice to Owners of Abandoned Property' between March 1 and March 10. It lists names in alphabetical order and the county of any last-known address, and tells you how to ask the Treasurer for the amount, description, and holder’s contact. If you have a listed address and appear entitled to $50 or more, the Treasurer mails you a notice within 120 days of getting the holder’s report. Items under $50 are usually not listed in the newspaper, unless the Treasurer decides it serves the public interest. If no last-known address is on file, the notice is run in a statewide legal newspaper. These publication and mailing rules do not apply to traveler’s checks or money orders covered by section 69-1302.

Sponsors & Cosponsors

Sponsor

  • Barry DeKay

    legislature

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 168 • No: 0

legislature vote 4/24/2026

Vote

Yes: 40 • No: 0 • Other: 9

legislature vote 5/9/2025

Final Reading

Yes: 47 • No: 0 • Other: 2

legislature vote 4/25/2025

Vote

Yes: 41 • No: 0 • Other: 8

legislature vote 4/25/2025

Vote

Yes: 40 • No: 0 • Other: 9

Actions Timeline

  1. Approved by Governor on May 13, 2025

    5/13/2025legislature
  2. Passed on Final Reading 47-0-2

    5/9/2025legislature
  3. President/Speaker signed

    5/9/2025legislature
  4. Presented to Governor on May 9, 2025

    5/9/2025legislature
  5. Placed on Final Reading

    5/6/2025legislature
  6. Advanced to Enrollment and Review for Engrossment

    5/1/2025legislature
  7. Placed on Select File

    4/30/2025legislature
  8. Government, Military and Veterans Affairs AM308 adopted

    4/25/2025legislature
  9. Advanced to Enrollment and Review Initial

    4/25/2025legislature
  10. Placed on General File with AM308

    2/20/2025legislature
  11. Government, Military and Veterans Affairs AM308 filed

    2/20/2025legislature
  12. Notice of hearing for February 05, 2025

    1/29/2025legislature
  13. Referred to Government, Military and Veterans Affairs Committee

    1/15/2025legislature
  14. Date of introduction

    1/13/2025legislature

Bill Text

  • Introduced

    5/13/2025

  • Enrolled / Slip Law

  • Final / Enacted

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