NebraskaLB748109th Legislature 1st and 2nd SessionslegislatureWALLET

Change provisions relating to the Nebraska educational savings plan trust and allow for the use of trust funds for recognized postsecondary credential programs

Sponsored By: Tony Sorrentino

Signed by Governor

Education Committee

Your PRIA Score

Score Hidden

Personalized for You

How does this bill affect your finances?

Sign up for a PRIA Policy Scan to see your personalized alignment score for this bill and every other piece of legislation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.

Free to start

Bill Overview

Analyzed Economic Effects

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

Savings can pay for credentials and apprenticeships

The plan lets you use funds for recognized postsecondary credential programs, as defined by federal 529 rules. This authority applies until January 1, 2029. Credentialing expenses count as qualified education expenses. You can also use funds for registered apprenticeship costs incurred on or after January 1, 2021. The State Treasurer can sign agreements with credential providers to handle payments.

K-12 tuition allowed in 2029, $10K cap

Beginning January 1, 2029, you can use Nebraska education savings plan money to pay K–12 schools. K–12 tuition payments are limited to $10,000 per beneficiary per tax year. Until January 1, 2029, K–12 withdrawals are nonqualified and can cause taxes or penalties. Starting in 2029, when the trust pays a K–12 school, the money becomes the school’s property right away, which can limit refunds.

Sponsors & Cosponsors

Sponsor

  • Tony Sorrentino

    legislature

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 75 • No: 3

legislature vote 4/9/2026

Final Reading

Yes: 46 • No: 3

legislature vote 2/10/2026

Vote

Yes: 29 • No: 0 • Other: 20

Actions Timeline

  1. Approved by Governor on April 14, 2026

    4/17/2026legislature
  2. President/Speaker signed

    4/10/2026legislature
  3. Presented to Governor on April 10, 2026

    4/10/2026legislature
  4. Dispensing of reading at large approved

    4/9/2026legislature
  5. Passed on Final Reading 46-3*-0

    4/9/2026legislature
  6. Placed on Final Reading

    3/3/2026legislature
  7. Kauth FA377 withdrawn

    2/20/2026legislature
  8. Advanced to Enrollment and Review for Engrossment

    2/20/2026legislature
  9. Placed on Select File

    2/18/2026legislature
  10. Advanced to Enrollment and Review Initial

    2/10/2026legislature
  11. Placed on General File

    1/30/2026legislature
  12. Notice of hearing for January 20, 2026

    1/13/2026legislature
  13. Referred to Education Committee

    1/9/2026legislature
  14. Kauth FA377 filed

    1/8/2026legislature
  15. Date of introduction

    1/7/2026legislature

Bill Text

  • Introduced

    4/17/2026

  • Enrolled / Slip Law

  • Final / Enacted

Related Bills

Back to State Legislation