PRIA Logo™
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

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

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

Nebraska 529 covers credentials and sibling loans

You can use Nebraska 529 funds for recognized postsecondary credential programs, as defined in federal law. Payments and withdrawals must be for qualified education expenses under section 529 rules. If the beneficiary graduates and money remains, you can use it for qualified education loan payments for the beneficiary’s siblings or transfer it as allowed by law. Qualified education loan payments are capped at $10,000 in total per beneficiary across all years, including amounts used for that beneficiary’s siblings.

K-12 tuition allowed for Nebraska 529 in 2029

Beginning January 1, 2029, you can use a Nebraska 529 account to pay K-12 school tuition. The law defines K-12 tuition as charges for enrollment or attendance. Funds are portable to any elementary or secondary school, and the school owns the payment when it receives it. Until January 1, 2029, a withdrawal for K-12 costs is nonqualified and may have tax consequences.

Colleges and programs own 529 payments

When a college or recognized postsecondary credential program receives a 529 payment for qualified education expenses, it owns that money at the time of payment. This rule can affect how refunds or disputes are handled.

Sponsors & Cosponsors

Sponsor

  • Tony Sorrentino

    Senate

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

    4/14/2026legislature

  2. Presented to Governor on April 10, 2026

    4/10/2026legislature

  3. President/Speaker signed

    4/10/2026legislature

  4. Passed on Final Reading 46-3*-0

    4/9/2026legislature

  5. Dispensing of reading at large approved

    4/9/2026legislature

  6. Placed on Final Reading

    3/3/2026legislature

  7. Advanced to Enrollment and Review for Engrossment

    2/20/2026legislature

  8. Kauth FA377 withdrawn

    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

    1/7/2026

    PDF

  • Enrolled / Slip Law

    PDF

  • Final / Enacted

    PDF

Related Bills

Back to State Legislation