NebraskaLB967109th Legislature 1st and 2nd Sessionslegislature

Change provisions relating to insurance fees, licensing, and trade practices, pharmacy benefit managers, mutual insurance holding companies, the Population Health Information Act, the Health Information Technology Board, and the Site and Building Development Act and adopt the Nebraska Protection of Seniors from Insurance Exploitation Act

Sponsored By: Mike Jacobson

Signed by Governor

Banking, Commerce and Insurance Committee

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Bill Overview

Analyzed Economic Effects

8 provisions identified: 4 benefits, 1 costs, 3 mixed.

Stronger protections for seniors’ insurance money

The law defines who is protected and what counts as a risky payout from life insurance or annuities. It covers senior and vulnerable adults and sets terms like disbursement, permissible third party, and trained individual. Insurers and trained reporters can share concerns with the Insurance Director when they suspect financial exploitation. They are immune from civil or administrative lawsuits if they act reasonably and in good faith. They do not have to tell the eligible adult about the report.

PBMs now under unfair practice rules

Pharmacy benefit managers are now treated as insurers under the state’s unfair insurance trade laws. They must follow the same rules that bar unfair practices. This gives the state more tools to protect consumers in how drug benefits are managed.

Providers and plans must share health data

The statewide health information exchange must support secure, real-time sharing to help doctors coordinate care and reduce costs. By January 1, 2027, listed facilities like hospitals, clinics, pharmacies, labs, imaging centers, rehab, psychiatric and mental health centers, long‑term care hospitals, PACE centers, intermediate care, and public health clinics must share clinical data from their EHRs. Health insurance plans must also participate and share required data. The exchange can only require data named in Board rules and cannot take providers’ proprietary or confidential financial data. The Health IT Board grows to 21 members and adds hospital, Medicaid, insurer, and privacy experts; appointees can serve right away; at least three members are appointed from each congressional district for five‑year terms, and vacancies are filled within 90 days. DHHS drafts, publishes, and enforces the rules; the Board sets standards; the Board’s power to direct data for past requests only applies to requests after September 1, 2021. The Board must submit an annual report by November 15 each year.

Electronic meeting notices for mutual insurers

Mutual insurance holding companies can send annual meeting notices by email or post them on a designated website. Notices must include required details and proof of delivery or access. Members can request free printed materials by mail.

Grants for golf facilities in metro cities

The Site and Building Development Fund can award grants to help build golf facilities inside a metropolitan‑class city. Applicants must show programming for veterans and youth and get support letters, including from the mayor and accredited golf associations. They must have at least 80% of construction funding secured before approval. Any grant can cover no more than 20% of construction costs.

Nonresident producer licenses tied to home‑state

If your home‑state insurance license goes inactive, Nebraska can cancel your nonresident license. The Director can issue a revocation order. You have 30 days from receiving the order to ask for a hearing in writing. If you ask in time, a hearing is held within 30 days; otherwise, the revocation becomes final.

Broader retaliatory rules for out‑of‑state insurers

The Insurance Director may now consider fees or rules that other states place on Nebraska producers when applying retaliatory taxes or fees. This removes a prior exemption. The impact on customers depends on how insurers respond.

Insurance cash fund transfers to General Fund

The state moves money from the Department of Insurance Cash Fund to the General Fund. Transfers are $14 million by June 30, 2026; $13.2 million by June 30, 2027; $11 million by June 30, 2028; and $11 million by June 30, 2029. The budget administrator sets the exact timing for each transfer. This is a budget reallocation, not a payment to households.

Sponsors & Cosponsors

Sponsor

  • Mike Jacobson

    Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 304 • No: 3

legislature vote • 4/1/2026

Final Reading

Yes: 48 • No: 0 • Other: 1

legislature vote • 3/24/2026

Vote

Yes: 37 • No: 0 • Other: 12

legislature vote • 3/24/2026

Vote

Yes: 41 • No: 0 • Other: 8

legislature vote • 3/5/2026

Vote

Yes: 34 • No: 1 • Other: 14

legislature vote • 3/5/2026

Vote

Yes: 33 • No: 1 • Other: 15

legislature vote • Unknown

Vote

Yes: 33 • No: 1 • Other: 15

legislature vote • Unknown

Vote

Yes: 41 • No: 0 • Other: 8

legislature vote • Unknown

Vote

Yes: 37 • No: 0 • Other: 12

Actions Timeline

  1. Provisions/portions of LB1157 amended into LB967 by AM2797

    4/17/2026legislature
  2. Provisions/portions of LB1138 amended into LB967 by AM2324

    4/17/2026legislature
  3. Provisions/portions of LB1062 amended into LB967 by AM2324

    4/17/2026legislature
  4. Provisions/portions of LB953 amended into LB967 by AM2324

    4/17/2026legislature
  5. Provisions/portions of LB950 amended into LB967 by AM2324

    4/17/2026legislature
  6. Approved by Governor on April 7, 2026

    4/7/2026legislature
  7. Presented to Governor on April 1, 2026

    4/1/2026legislature
  8. President/Speaker signed

    4/1/2026legislature
  9. Passed on Final Reading 48-0-1

    4/1/2026legislature
  10. Dispensing of reading at large approved

    4/1/2026legislature
  11. Enrollment and Review ST73 recorded

    3/30/2026legislature
  12. Enrollment and Review ST73 filed

    3/30/2026legislature
  13. Placed on Final Reading with ST73

    3/30/2026legislature
  14. Advanced to Enrollment and Review for Engrossment

    3/24/2026legislature
  15. Bostar AM2888 adopted

    3/24/2026legislature
  16. Bostar AM2888 filed

    3/24/2026legislature
  17. Jacobson AM2797 adopted

    3/24/2026legislature
  18. Jacobson FA1032 withdrawn

    3/24/2026legislature
  19. Hansen FA1022 withdrawn

    3/24/2026legislature
  20. Kauth FA623 withdrawn

    3/24/2026legislature
  21. McKinney MO504 withdrawn

    3/24/2026legislature
  22. McKinney MO503 withdrawn

    3/24/2026legislature
  23. McKinney MO502 withdrawn

    3/24/2026legislature
  24. Enrollment and Review ER138 adopted

    3/24/2026legislature
  25. Jacobson AM2797 filed

    3/20/2026legislature

Bill Text

  • Introduced

    1/12/2026

  • Enrolled / Slip Law

  • Final / Enacted

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