Nebraska LB201 would establish a fee for money transmission transactions sent outside the United States.

Nebraska LB201 amends the Nebraska Money Transmitters Act to require a fee for each money transmission transaction sent to a person outside the United States. The fee is either ten percent of the transaction value or ten thousand dollars, whichever is less. The fee must be collected by a licensee or authorized delegate and remitted quarterly to the department. The act becomes operative on January 1, 2026.

Nebraska LB201 would establish a fee for money transmission transactions sent outside the United States.

Nebraska LB201 amends the Nebraska Money Transmitters Act to require a fee for each money transmission transaction sent to a person outside the United States. The fee is either ten percent of the transaction value or ten thousand dollars, whichever is less. The fee must be collected by a licensee or authorized delegate and remitted quarterly to the department. The act becomes operative on January 1, 2026.