NE LB894

Creates the Grain Dealer and Grain Warehouse Cash Fund to receive license fees beginning July 1, 2027, with legislative intent that fee revenue not exceed 25% of commission costs to administer both acts

Increases maximum grain dealer license fees from $100 to up to $1,500 per license starting July 1, 2027, with fees set by the Public Service Commission

Requires the commission to issue state licenses to all federally-licensed warehouses under the United States Warehouse Act, while limiting state regulatory authority over those facilities to document submission requirements

Modifies grain dealer security requirements to specify payment terms of 10 business days after written demand with documented proof of delivery, and adds interest liability for payments overdue by 30 days

Prohibits use of end-intake air probes for grain sampling unless approved by the commission, with violations classified as a Class I misdemeanor