LB 347 Legislature · 109th Legislature (2025-2026)

Eliminate conditions on the issuance of securities by common carriers

LB 347 would repeal Section 75-148 of Nebraska's laws, which previously imposed specific conditions on common carriers (like transportation companies) when they sought to issue securities (e.g., bonds or stocks). This change would remove those conditions, allowing common carriers to issue securities without meeting the prior requirements. The bill directly affects transportation companies seeking to raise capital through financial instruments. As of May 2025, the bill was indefinitely postponed after being filed in January.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 16, 2025 Last action Jun 6, 2025
Floor votes

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Full legislative history

Actions timeline

Total actions
10
Key actions
1
Committee
3
Amendments
1
Jun 6, 2025
Introduced
Provisions/portions of LB347 amended into LB311 by AM1111
legislature
Jun 2, 2025
Committee
Indefinitely postponed
legislature
Feb 28, 2025
Legislature · Passed
Placed on General File
legislature
Jan 21, 2025
Committee
Referred to Transportation and Telecommunications Committee
legislature
Jan 16, 2025
Introduced
Date of introduction
legislature
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Jason Prokop
Jason Prokop
NNonpartisan
NE
27