NE LB895

Expands the Grain Warehouse Act to include warehouses licensed under the United States Warehouse Act, which were previously exempt from state licensing requirements

Requires the commission to establish a streamlined licensing process with reduced application and oversight requirements for applicants already holding a valid federal warehouse license

Replaces the existing tiered fee schedule (ranging from $45 to $3,375 based on bushel capacity) with a new cap tied to the USDA Agricultural Marketing Service's 2025/2026 rates for entities with Commodity Credit Corporation agreements

Removes the complete exemption for federally licensed warehouses while maintaining their notification and bond posting requirements to the state commission

Amends sections 88-527, 88-529, and 88-548 of the Nebraska Revised Statutes and repeals the original versions