Nebraska legislation · 109th Legislature
Nebraska LB1138: Adopt the Nebraska Protection of Seniors from Insurance Exploitation Act
Status: Failed, April 17, 2026
What the bill says
From the amended text:
AM1920 AM1920 LB1138 LB1138 QNC - 02/03/2026 QNC - 02/03/2026 AMENDMENTS TO LB1138 Introduced by Banking, Commerce and Insurance. 1. Strike original section 3 and insert the following new section: Sec. 3. For purposes of the Nebraska Protection of Seniors from Insurance Exploitation Act, unless the context otherwise (2) Disbursement means any attempt to withdraw money or access a benefit from a life insurance policy or an annuity irrespective of whether the request is classified as a surrender, loan, withdrawal, partial withdrawal, accelerated benefit, or otherwise; (3) Eligible adult or (b) A vulnerable adult as defined in section 28-371. (4) Financial exploitation means: (a) The wrongful or unauthorized taking, withholding, appropriation, or use of money, assets, or other property of an eligible adult by any person; or (b) Any act or omission taken by a person, including through the use of a power of attorney, guardianship, or conservatorship of an eligible adult, to: (i) Obtain control, through deception, intimidation, or undue influence, over the eligible adult's money, assets, or other property to deprive the eligible adult of the ownership, use, benefit, or possession of his or her money, assets, or other property; or (ii) Convert money, assets, or other property of the eligible adult to deprive such eligible adult of the ownership, use, benefit, or possession of his or her …
Sponsors
- Robert Hallstrom (NP, 1) · primary sponsor
Latest actions
- : Provisions/portions of LB1138 amended into LB967 by AM2324
- : Indefinitely postponed
- : Banking, Commerce and Insurance AM1920 filed
- : Placed on General File with AM1920
- : Notice of hearing for February 03, 2026
- : Referred to Banking, Commerce and Insurance Committee
- : Kauth FA798 filed
- : Date of introduction
Common questions
- What is LB1138?
- LB1138 is a bill in the Nebraska Legislature (109th Legislature): Adopt the Nebraska Protection of Seniors from Insurance Exploitation Act.
- What is the status of LB1138?
- Failed as of April 17, 2026. Latest action: Provisions/portions of LB1138 amended into LB967 by AM2324 (April 17, 2026).
- Who sponsored LB1138?
- Robert Hallstrom (NP, 1).
- Where is the official record for LB1138?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=63186
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.