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NE LB835

Bill

Status

Engrossed

3/4/2026

Primary Sponsor

Michael Jacobson

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Removes the $2,000 cap on batch request fees for business entity record images and eliminates the per-batch fee structure for UCC database records searched by debtor location

  • Establishes new bulk data request fees for UCC database information: $800 for initial files, $800 for monthly updates, and $300 for weekly updates

  • Eliminates the fixed $30 annual registration fee for farm product lien lists and master lien lists, replacing it with fees set by the Secretary of State not to exceed $200 per year

  • Removes the provision allowing UCC records to be accessed through the state portal at $2 per record (or $2,000 for 1,000+ records) with fees going to the Records Management Cash Fund

  • Repeals section 52-1313.01 and removes requirements for filing offices to display specific index information (name, address, serial number, amount due) for federal and state tax liens, simplifying to alphabetical index entry only

Legislative Description

Change and eliminate provisions relating to fees of the Secretary of State, notices of liens under the Uniform Federal Lien Registration Act and the Uniform State Tax Lien Registration and Enforcement Act, the central filing system, effective financing statements, the master lien list, and filed records under the Uniform Commercial Code

Last Action

Placed on Select File

3/10/2026

Committee Referrals

Banking, Commerce and Insurance1/12/2026

Full Bill Text

No bill text available