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NE LB592

Bill

Official Source

Status

Passed

4/8/2025

Primary Sponsor

Beau Ballard

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • ABLE (Achieving a Better Life Experience) account funds are now protected from levy, execution, judgment, garnishment, and other judicial enforcement actions
  • Creditors cannot seize, take, or apply ABLE account funds to pay any debt or liability of the designated beneficiary or account owner
  • Amends section 77-1407 of the Reissue Revised Statutes of Nebraska
  • Approved by the Governor on April 7, 2025

Legislative Description

Change provisions relating to the achieving a better life experience program

Last Action

Approved by Governor on April 7, 2025

4/8/2025

Committee Referrals

Revenue1/24/2025

Full Bill Text

No bill text available