Nebraska LB1153 amends the Consumer Protection Act, sets a termination date for the State Settlement Cash Fund, and changes provisions for the State.
Nebraska LB1153 modifies the Consumer Protection Act by altering the State Settlement Cash Fund and the State Settlement Trust Fund. The bill sets a termination date of July 1, 2026, for the State Settlement Cash Fund and mandates the State Treasurer to distribute remaining funds. It also specifies transfers from the fund to various other funds, including the Legal Education for Public Service and Rural Practice Loan Repayment Assistance Fund, the Financial Literacy Cash Fund, and the General Fund.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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