Nebraska legislation · 109th Legislature
Nebraska LB938: Adopt the First-Time Home Buyer Savings Account Act and provide for income tax adjustments
Status: Failed, April 17, 2026
What the bill says
From the introduced text:
One Hundred Ninth Legislature - Second Session - 2026 Introducer's Statement of Intent LB938 Chairperson: Senator R. Brad von Gillern Committee: Revenue The following constitute the reasons for this bill and the purposes which are sought to be accomplished thereby: LB938 adopts the First-Time Home Buyer Savings Account Act and allows an income tax deduction for certain contributions to a savings account, and the earnings thereon, to be used for down payments and closing costs associated with the purchase or construction of a primary residence by a first-time home buyer. Principal Introducer: ________________________________ Senator Bob Hallstrom
Sponsors
- Robert Hallstrom (NP, 1) · primary sponsor
Latest actions
- : Provisions/portions of LB938 amended into LB803 by AM2651
- : Indefinitely postponed
- : Prokop name added
- : Rountree name added
- : Placed on General File
- : Storm name added
- : Storm priority bill
- : Kauth name added
- : Wordekemper name added
- : Notice of hearing for February 12, 2026
Common questions
- What is LB938?
- LB938 is a bill in the Nebraska Legislature (109th Legislature): Adopt the First-Time Home Buyer Savings Account Act and provide for income tax adjustments.
- What is the status of LB938?
- Failed as of April 17, 2026. Latest action: Provisions/portions of LB938 amended into LB803 by AM2651 (April 17, 2026).
- Who sponsored LB938?
- Robert Hallstrom (NP, 1).
- Where is the official record for LB938?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63361
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.