All Roll Calls
Yes: 88 • No: 0
NebraskaLB609A109th Legislature 1st and 2nd SessionslegislatureWALLET
Appropriation Bill
Sponsored By: Eliot Bostar
Signed by Governor
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 1 benefits, 2 costs, 1 mixed.
Search warrants can cover crypto
The law adds controllable electronic records to the legal meaning of property in Nebraska’s warrant laws. Police can seek search warrants for, and seize, these records under those statutes.
Stronger antifraud and staffing for kiosks
The law requires all crypto kiosk operators to use blockchain analytics to help block transfers to wallets known for fraud at the time of the transaction. The Department can ask for proof of current use. Operators must keep a written antifraud policy that names risk areas, sets procedures and controls, assigns monitoring, and is reviewed regularly. Each operator must employ a full‑time compliance officer to run compliance, and that person may not own more than 20% of the business. Compliance work must be done by full‑time employees or by approved vendors under full‑time supervision.
Crypto kiosks: warnings, limits, receipts
The law requires controllable electronic record (crypto) kiosk operators to show clear risk and fee disclosures in the customer’s chosen language and get the customer’s OK. A prominent fraud warning must appear. Daily limits apply: $2,000 per day for new customers (first 14 days) and $10,500 per day for existing customers. At the end of each transaction, operators must give a receipt, physical when possible. Receipts must list operator and law‑enforcement contacts, transaction type and value, date and time, the transaction hash and addresses, all fees and the dollar exchange rate, sender/recipient details when used, the refund policy, and liability for delays or nondelivery.
Licensing and quarterly reports for kiosks
You must hold a Nebraska Money Transmitters Act license before operating or advertising crypto kiosk services in Nebraska. You must also report each kiosk to the Department of Banking and Finance as an authorized delegate. Within 45 days after each calendar quarter ends, you must file the Department’s form listing all controllable electronic record addresses used by each kiosk.
Sponsors & Cosponsors
Sponsor
Eliot Bostar
Senate
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
legislature vote • 3/6/2025
Final Reading
Yes: 48 • No: 0 • Other: 1
legislature vote • 2/24/2025
Vote
Yes: 40 • No: 0 • Other: 9
Actions Timeline
Approved by Governor on March 11, 2025
3/11/2025legislaturePresented to Governor on March 6, 2025
3/6/2025legislaturePresident/Speaker signed
3/6/2025legislaturePassed on Final Reading 48-0-1
3/6/2025legislaturePlaced on Final Reading
3/4/2025legislatureAdvanced to Enrollment and Review for Engrossment
2/27/2025legislaturePlaced on Select File
2/26/2025legislatureAdvanced to Enrollment and Review Initial
2/24/2025legislaturePlaced on General File
2/21/2025legislatureDate of introduction
2/21/2025legislature
Bill Text
Introduced
2/21/2025
Enrolled / Slip Law
Final / Enacted