Nebraska LB476: Provide exemptions under the Foreign-owned Real Estate National Security Act

What the bill says

From the introduced text:

One Hundred Ninth Legislature - First Session - 2025 Introducer's Statement of Intent LB476 Chairperson: Senator Barry DeKay Committee: Agriculture Date of Hearing: February 25, 2025 The following constitutes the reasons for this bill and the purposes which are sought to be accomplished thereby: LB476 clarifies that a property interest of an alien is not subject to the Foreign-owned Real Estate National Security Act if the alien acquired the interest while authorized to accept work pursuant to 8 C.F.R. 274a.12, subsequent to acquiring the property interest the alien does not meet the definition of a non-resident alien, or in the future meets the definition of a non-resident alien. It also clarifies that aliens holding a property interest in these scenarios are not in violation of or in continuing violation of the Foreign-owned Real estate National Security Act. These exceptions do not apply to a restricted entity or their agent, trustee, or fiduciary. Principal Introducer: ________________________________ Senator Dunixi Guereca

Read the full official text

Sponsors

• Dunixi Guereca (NP, 7) · primary sponsor

Latest actions

1. April 17, 2026: Indefinitely postponed
2. January 7, 2026: Title printed. Carryover bill
3. February 3, 2025: Notice of hearing for February 25, 2025
4. January 23, 2025: Referred to Agriculture Committee
5. January 21, 2025: Date of introduction

Common questions

What is LB476?

LB476 is a bill in the Nebraska Legislature (109th Legislature): Provide exemptions under the Foreign-owned Real Estate National Security Act.

What is the status of LB476?

Failed as of April 17, 2026. Latest action: Indefinitely postponed (April 17, 2026).

Who sponsored LB476?

Dunixi Guereca (NP, 7).

Where is the official record for LB476?

On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59631