LB 717 Legislature · 109th Legislature (2025-2026)

Adopt changes to federal law regarding banking and finance, change provisions relating to control of certain banks and trust companies, digital asset depository institutions, interest rates on certain loans, installment loans, mortgage loan originators, mortgage bankers, and the Nebraska Money Transmitters Act, and change references to the Nebraska Money Transmitters Act in the Controllable Electronic Record Fraud Prevention Act

Nebraska's LB 717 updates state banking and finance laws to align with recent federal changes. It modifies rules for bank lending limits, digital asset depository institutions, maximum interest rates on certain loans, and mortgage professional licensing. The bill also clarifies references to the Nebraska Money Transmitters Act in related laws. These changes directly affect Nebraska banks, trust companies, digital asset depositories, mortgage lenders, and money transmitters operating within the state.
Bill status signed all 5 stages cleared
Introduction
Jan 2026
Committee Review
Jan 2026
Legislature Passage
Feb 2026
Legislature Passage
Jan 2026
Signed into Law
Feb 2026
Introduced Jan 7, 2026 Signed Feb 25, 2026
Maddy AI version diff · 2 comparisons

What changed between versions

Introduced Enrollment and Review ER105 · 3 edits
MINOR
This bill amends Nebraska banking statutes to modernize deposit rules and loan limits for banks. The changes allow deposit withdrawals via electronic methods like debit cards and online transfers, and update lending limits to include new types of collateral such as livestock and government bonds.
Scope change
The bill expands the scope of banking regulations to include modern electronic transaction methods and broadens loan collateral options for banks.
REQUIREMENT

Updated deposit withdrawal methods to include electronic means such as debit cards, online transfers, and electronic terminals alongside traditional checks and ATM withdrawals.

Revised bank lending limits to allow loans secured by livestock, government bonds, and warehouse receipts in addition to traditional collateral.

DEFINITION

Updated statutory references from 2024 to 2025 Revised Statutes Supplement to reflect current legal standards.

Floor votes · Legislature Jan 27, 2026

How they voted

410
Passed · 8 other
Total votes 49
Jan 27, 2026
N Nonpartisan49
41 Yea 8
83% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
21
Key actions
7
Committee
2
Feb 25, 2026
Signed into law
Approved by Governor on February 25, 2026
executive
Feb 20, 2026
Legislature · Passed
President/Speaker signed
legislature
Feb 20, 2026
Legislature · Passed
Passed on Final Reading with Emergency Clause 48-0-1
legislature
Feb 9, 2026
Legislature · Passed
Jacobson AM1890 adopted
legislature
Feb 9, 2026
Legislature · Passed
Enrollment and Review ER105 adopted
legislature
Jan 27, 2026
Legislature · Passed
Jacobson AM1746 adopted
legislature
Jan 21, 2026
Legislature · Passed
Placed on General File
legislature
Jan 9, 2026
Committee
Referred to Banking, Commerce and Insurance Committee
legislature
Jan 7, 2026
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mike Jacobson
Mike Jacobson
NNonpartisan
NE
42