All Roll Calls
Yes: 173 • No: 0
NebraskaLB836109th Legislature 1st and 2nd SessionslegislatureWALLET
Change and eliminate provisions relating to charges for examination of financial institutions, levying assessments, fees, and costs on financial entities, and transfers from a fund
Sponsored By: Mike Jacobson
Signed by Governor
Banking, Commerce and Insurance Committee
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Bill Overview
Analyzed Economic Effects
4 provisions identified: 0 benefits, 2 costs, 2 mixed.
Annual oversight fees for financial firms
The Director charges annual assessments to banks and other chartered, licensed, or registered financial entities. For banks and similar institutions, the fee uses total assets reported as of June 30. For licensed or registered firms, it uses business volume, such as loans made or serviced, or money transmitted. Amounts need the Governor’s approval, can be prorated by months held (any part of a month counts), and a special assessment can be added if collections fall short. For holding companies and digital asset depositories, some assets are excluded from size, and digital asset depositories’ fees must cover their oversight costs.
Exam bills and penalties for nonpayment
The Department bills examined entities for exam costs as soon as possible after the exam. Bills can include an hourly examiner fee set each year by the Director with the Governor’s approval, plus travel costs for exams or investigations outside Nebraska. If a bill is unpaid by a date at least 30 days after billing, the Department can fine the entity for each day past due after notice and a hearing. At 60 days or more past due, it may suspend or revoke the charter, license, or registration. The Director may allow installment payments for good cause.
Modern exam tools for banks and vendors
The Department of Banking and Finance can examine banks, holding companies, subsidiaries, and vendors by electronic means. It can share exam reports with the FDIC, Federal Reserve, OCC, CFPB, and foreign state regulators. It can also accept those agencies’ exams instead of doing a Nebraska exam, and the original agency keeps ownership and confidentiality. The Department may examine electronic data processing centers that serve Nebraska banks and bill the vendor for examiner time at the Director’s hourly rate.
New fund for banking oversight fees
The state deposits assessments and most exam, filing, registration, and licensing fees into the Financial Institution Assessment Cash Fund. The fund pays only to run and enforce the listed banking laws. Fines go to the State Treasurer for distribution under the Nebraska Constitution. The Legislature can order transfers from this fund to the General Fund. Beginning October 1, 2024, investment earnings on the fund go to the General Fund.
Sponsors & Cosponsors
Sponsor
Mike Jacobson
legislature
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
legislature vote • 4/24/2026
Vote
Yes: 42 • No: 0 • Other: 7
legislature vote • 2/27/2026
Final Reading
Yes: 48 • No: 0 • Other: 1
legislature vote • 1/30/2026
Vote
Yes: 41 • No: 0 • Other: 8
legislature vote • 1/30/2026
Vote
Yes: 42 • No: 0 • Other: 7
Actions Timeline
Presented to Governor on February 27, 2026
3/3/2026legislatureApproved by Governor on March 3, 2026
3/3/2026legislatureDispensing of reading at large approved
2/27/2026legislaturePassed on Final Reading 48-0-1
2/27/2026legislaturePresident/Speaker signed
2/27/2026legislaturePlaced on Final Reading
2/24/2026legislatureEnrollment and Review ER114 adopted
2/17/2026legislatureKauth FA476 withdrawn
2/17/2026legislatureAdvanced to Enrollment and Review for Engrossment
2/17/2026legislaturePlaced on Select File with ER114
2/5/2026legislatureEnrollment and Review ER114 filed
2/5/2026legislatureBanking, Commerce and Insurance AM1780 adopted
1/30/2026legislatureAdvanced to Enrollment and Review Initial
1/30/2026legislaturePlaced on General File with AM1780
1/28/2026legislatureBanking, Commerce and Insurance AM1780 filed
1/28/2026legislatureNotice of hearing for January 27, 2026
1/15/2026legislatureReferred to Banking, Commerce and Insurance Committee
1/12/2026legislatureKauth FA476 filed
1/9/2026legislatureDate of introduction
1/8/2026legislature
Bill Text
Introduced
3/3/2026
Enrolled / Slip Law
Final / Enacted