July 14, 2023 - Wrap-Up Edition

2022 SESSION, 107TH LEGISLATURE

The first session of the 108th Nebraska Legislature is now history, as the Legislature adjourned sine die on June 1, 2023. As always, the Legislature dealt with a number of contentious issues in the waning days of the session. The next regular session is scheduled to convene in early January 2024.

Over 84 bills, amendments to those bills and amendments to other proposals were actively monitored by the NBA this session. We have summarized only the major bills of direct interest to the banking industry, according to subject. Most of the other numerous non-banking legislative measures were disposed of early in the session and were previously covered in the weekly NBA Legislative Update narratives or Bill Summary emails.

During this session, many of the bills on the NBA's Affirmative Legislative agenda or supported by the NBA were enacted into law. The Legislature also took no final action on any of the bills on which the NBA had established a position of opposition. The success of this session is in large part attributable to the excellent grassroots support provided by Nebraska bankers. When called upon to make contacts with legislators, Nebraska bankers responded promptly and effectively in communicating the NBA's position on issues of importance to the banking industry. Thank you to each and every Nebraska bankers who took time to visit with their state senator during the 2023 Legislative Session.

This summary also includes the effective dates of the enacted legislation and any necessary compliance information.

Members of the NBA Government Relations Committee spent many hours reviewing potential legislation for introduction on behalf of the NBA and analyzed other legislation introduced each session. The Committee makes recommendations regarding positions to be established by the NBA on legislation of interest to the banking industry which are forwarded to the NBA Board of Directors for final action. A special thanks to Nick Vrba, RVR Bank, Fremont, who served as Chair of the NBA Government Relations Committee this year along with all of the members of the Government Relations Committee for their efforts on behalf of the banking industry. A listing of the 2022-2023 members of the Committee is included in this NBA Legislative Update Wrap-Up edition.

If you have any questions regarding any of the bills highlighted in this Wrap-Up, please feel free to contact the NBA. This NBA Legislative Update Wrap-Up Edition has been prepared as a summary and it does not necessarily constitute a complete or definitive analysis of each bill discussed. The NBA staff is prepared to provide you with further information or to send you copies of bills in which you are interested.

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