Change provisions related to reports of condition under the Nebraska Money Transmitters Act and provide for a remittance transfer tax

Nebraska's LB 1174 updates reporting rules for money transmitters (like Western Union) and introduces a new tax on international money transfers. It requires quarterly reports including transaction details for all U.S. jurisdictions and specifies amounts sent to foreign countries, with special reporting for transactions to countries designated as "adversaries" by federal law. The bill imposes a 2% tax on most international transfers, increasing to 20% for transfers to those designated adversary countries, but exempts transfers involving active-duty military members or their dependents (who must show valid military ID). Money transfer companies collect the tax from senders and remit it quarterly to the state. This affects both money transmitters operating in Nebraska and individuals sending money internationally through these services.