Change provisions of the Nebraska Money Transmitters Act
LB 473 updates Nebraska's Money Transmitters Act to modernize regulations for digital payment services and money transmission businesses operating in the state. It revises definitions (like "average daily money transmission liability" calculated quarterly), adjusts licensing fees (including a $50,000 fee for digital asset depositories), and clarifies requirements for licenses, examinations, and prohibited activities. The bill directly affects money transmitters, including digital payment platforms and money transfer services, by updating their regulatory obligations and fee structure. It also eliminates outdated sections (8-2743-8-2747) to streamline the law.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2025
Last action Jun 6, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
11
Key actions
1
Committee
3
Amendments
1
Jun 6, 2025
Introduced
Provisions/portions of LB473 amended into LB474 by AM669
legislature
Jun 2, 2025
Committee
Indefinitely postponed
legislature
Feb 21, 2025
Legislature · Passed
Placed on General File with AM217
legislature
Jan 23, 2025
Committee
Referred to Banking, Commerce and Insurance Committee
legislature
Jan 21, 2025
Introduced
Date of introduction
legislature
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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