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Unicameral Update

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Banking Commerce and Insurance

Sen. Anna Wishart
Banking Commerce and Insurance 

Funds sought for possible Lincoln convention center

February 1, 2023 admin Sen. Anna Wishart, LB709

A proposal considered by the Banking, Commerce and Insurance Committee Jan. 31 could provide a partial funding source for a future convention center in Lincoln.

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Banking Commerce and Insurance 

Microchip bill seeks to meet federal program requirements

February 1, 2023 admin Sen. Mike McDonnell, LB617

A proposal that would attempt to align Nebraska’s economic development structure with the requirements of a federal microchip grant program

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Banking Commerce and Insurance 

Bill would allow creation of ‘silent’ trusts

February 1, 2023 admin Sen. Christy Armendariz, LB711

The Banking, Commerce and Insurance Committee heard testimony Jan. 31 on a bill that would allow the creation of silent trusts — also referred to as confidential trusts — in Nebraska.

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Sen. Julie Slama
Banking Commerce and Insurance 

Bill targets political use of state funds

January 30, 2023 admin Sen. Julie Slama, LB67

The Banking, Commerce and Insurance Committee heard testimony Jan. 30 on a bill intended to ensure that state funds not be used for political purposes.

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Sen. Beau Ballard
Banking Commerce and Insurance 

Pet insurance proposal considered

January 24, 2023January 27, 2023 admin Sen. Beau Ballard, LB296

The Banking, Commerce and Insurance Committee heard testimony Jan. 24 on a proposal that would create a state regulatory framework for the sale of pet insurance, which covers pet illness and accidents.

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Sen. Matt Williams
Banking Commerce and Insurance Session Review 2022 

Session Review: Banking, Commerce and Insurance

May 12, 2022 admin Sen. Mark Kolterman, LB767 LB863 LB728 LB737 LB739 LB955 LB957 LB1042 LB943 LB1127 LB1190

Pharmacy benefit managers, clinician-administered medication and expanded Medicare eligibility topped the list of issues heard by the Banking, Commerce and Insurance Committee and addressed by the Legislature this session.

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Banking Commerce and Insurance 

Omnibus insurance measure approved

April 13, 2022April 21, 2022 admin Sen. Matt Williams, LB863 LB728 LB737 LB739 LB955 LB957 LB1042

Lawmakers passed a bill April 12 that makes a number of changes to laws governing insurance in Nebraska.

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Sen. Matt Williams
Banking Commerce and Insurance 

Banking omnibus bill advanced

March 3, 2022March 3, 2022 admin Sen. Matt Williams, LB863 LB728 LB737 LB739 LB955 LB957 LB1042

A bill that would adopt updates to the Insurance Holding Company System Act was amended to become an omnibus banking measure and advanced from general file March 3.

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Sen. Steve Lathrop
Banking Commerce and Insurance 

Bill would expand eligibility for supplemental Medicare

February 16, 2022 admin Sen. Steve Lathrop, LB1190

Nebraskans who are younger than 65 and receiving Medicare benefits because of a disability could apply for supplemental Medicare coverage under a bill considered Feb. 15 by the Banking, Commerce and Insurance Committee.

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Banking Commerce and Insurance 

Insurance coverage for clinician-administered drugs sought

February 16, 2022February 18, 2022 admin Sen. Eliot Bostar, LB943

The Banking, Commerce and Insurance Committee heard testimony Feb. 15 on a bill that would prohibit health insurance coverage restrictions on medication that is administered by a clinician.

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Sen. Anna Wishart
Banking Commerce and Insurance 

Regulatory review, temporary exemption process sought

February 15, 2022February 18, 2022 admin Sen. Anna Wishart, LB1127

The Banking, Commerce and Insurance Committee heard testimony Feb. 14 on a bill that would create a new regulatory review program and an office within the state Department of Economic Development to act as a liaison between private businesses and state regulators.

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Sen. Mark Kolterman
Banking Commerce and Insurance 

Pharmacy benefit manager regulation advanced

February 1, 2022February 1, 2022 admin Sen. Mark Kolterman, LB767

Senators advanced from general file Feb. 1 a bill that would regulate pharmacy benefit managers in Nebraska.

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Banking Commerce and Insurance 

Bill would lower colorectal screening age

January 26, 2022January 26, 2022 admin Sen. Eliot Bostar, LB739

The Banking, Commerce and Insurance Committee heard testimony Jan. 25 on a bill that would lower the insurance coverage age for a colorectal cancer screening from 50 to 45.

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Sen. Matt Williams
Banking Commerce and Insurance Session Review 2021 

Session Review: Banking, Commerce and Insurance

June 22, 2021 admin Sen. Michael Flood, LB649 LB297 LB337 LB487 LB510 LB20 LB602

Digital asset management, step therapy, insurance parity and protection of vulnerable adults topped the list of issues heard by the Banking, Commerce and Insurance Committee and addressed by the Legislature this session.

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Banking Commerce and Insurance 

Digital asset depository bill approved

May 21, 2021 admin Sen. Michael Flood, LB649

A bill establishing a state-level regulatory system for digital assets — including cryptocurrency such as Bitcoin — passed May 20.

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