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

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

Stricter limits on paid property finders

Paid finders face a 10% fee cap. They must tell you what the property is, where it is, how much it is worth, and when it was reported. They must also tell you that you can claim from the State Treasurer for free. If it is not yet abandoned, they must tell you when it will be reported and that you can claim it free once the State Treasurer gets it. Fee-charging locators cannot inspect or copy owner records. Finders cannot charge any fee until 24 months after the names in holders’ reports are published or officially disclosed.

Annual county notices to find owners

The State Treasurer publishes a notice once a year in an English-language legal newspaper in each county with a listed owner’s last-known address. If no last-known address is on file, the notice runs in a statewide legal newspaper.

Stronger privacy for unclaimed property owners

Your Social Security number, birth date, and last-known address are confidential, like tax return information. The Auditor of Public Accounts still has full access. The State Treasurer may withhold reports and audit records from the public. The Treasurer may share them with you or with other states only if those states give Nebraska the same protections.

School transfers and new unclaimed cash fund

On or before November 1 each year, any Unclaimed Property Trust Fund balance over $1,000,000 goes to the permanent school fund. The State Treasurer can deduct unclaimed-property program costs into a new Unclaimed Property Cash Fund before deposits to the school fund or the General Fund. The Legislature must approve any transfer from the cash fund to the General Fund. Available money in the cash fund is invested under state investment laws.

Sponsors & Cosponsors

Sponsor

  • Barry DeKay

    Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 168 • No: 0

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

legislature vote • Unknown

Vote

Yes: 40 • No: 0 • Other: 9

Actions Timeline

  1. Approved by Governor on May 13, 2025

    5/13/2025legislature
  2. Presented to Governor on May 9, 2025

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

    5/9/2025legislature
  4. Passed on Final Reading 47-0-2

    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. Advanced to Enrollment and Review Initial

    4/25/2025legislature
  9. Government, Military and Veterans Affairs AM308 adopted

    4/25/2025legislature
  10. Government, Military and Veterans Affairs AM308 filed

    2/20/2025legislature
  11. Placed on General File with AM308

    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

    1/13/2025

  • Enrolled / Slip Law

  • Final / Enacted

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