NebraskaLB293109th Legislature 1st and 2nd Sessionslegislature

Change provisions of the Professional Employer Organization Registration Act

Sponsored By: Beau Ballard

Signed by Governor

Banking, Commerce and Insurance Committee

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Bill Overview

Analyzed Economic Effects

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

Safer, easier health plans from professional employers

The law treats a single professional employer organization’s health plan as one employer plan and exempts it from MEWA registration. For the Small Employer Health Insurance law, the PEO is the employer of its covered workers, and insurers must accept eligible workers and beneficiaries. Any PEO health plan must be fully insured or meet strict self-funded safeguards. Self-funded plans must use a Nebraska-licensed TPA, keep all plan money in an ERISA §403 trust as of January 1, 2025, maintain actuarial reserves, and carry aggregate stop-loss above 125% of expected claims with 30 days’ termination notice, naming the PEO as an insured. Workers must be told when a plan is self-funded. Plans must file a report within 90 days after the plan year ends. The Department can hold a hearing on 30 days’ notice, order fixes within 30 days, and revoke a PEO’s registration for noncompliance.

Sponsors & Cosponsors

Sponsor

  • Beau Ballard

    Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 169 • No: 0

legislature vote • 5/30/2025

Final Reading

Yes: 48 • No: 0 • Other: 1

legislature vote • 2/11/2025

Vote

Yes: 40 • No: 0 • Other: 9

legislature vote • 2/11/2025

Vote

Yes: 41 • No: 0 • Other: 8

legislature vote • Unknown

Vote

Yes: 40 • No: 0 • Other: 9

Actions Timeline

  1. Approved by Governor on June 4, 2025

    6/4/2025legislature
  2. Presented to Governor on May 30, 2025

    5/30/2025legislature
  3. President/Speaker signed

    5/30/2025legislature
  4. Passed on Final Reading 48-0-1

    5/30/2025legislature
  5. Dispensing of reading at large approved

    5/30/2025legislature
  6. Placed on Final Reading

    3/4/2025legislature
  7. Advanced to Enrollment and Review for Engrossment

    2/25/2025legislature
  8. Placed on Select File

    2/19/2025legislature
  9. Advanced to Enrollment and Review Initial

    2/11/2025legislature
  10. Banking, Commerce and Insurance AM148 adopted

    2/11/2025legislature
  11. Banking, Commerce and Insurance AM148 filed

    2/6/2025legislature
  12. Placed on General File with AM148

    2/6/2025legislature
  13. Notice of hearing for February 04, 2025

    1/27/2025legislature
  14. Referred to Banking, Commerce and Insurance Committee

    1/17/2025legislature
  15. Date of introduction

    1/15/2025legislature

Bill Text

  • Introduced

    1/15/2025

  • Enrolled / Slip Law

  • Final / Enacted

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