Nebraska legislation · 109th Legislature
Nebraska LB1240: Change provisions relating to state recovery under the achieving a better life experience program
Status: Signed into law, April 17, 2026
What the bill says
A bill FOR AN ACT relating to the achieving a better life experience program; to amend section 77-1403, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to state recovery of certain amounts; and to repeal the original section.
From the enrolled text:
A BILL FOR AN ACT relating to the achieving a better life experience program; to amend section 77-1403, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to state recovery of certain amounts; and to repeal the original section. Section 1. Section 77-1403, Revised Statutes Cumulative Supplement, 2024, is amended to read: 77-1403 (1) Unless otherwise permitted under section 529A, the owner of an account shall be the designated beneficiary of the account, except that if the designated beneficiary of the account is a minor or has a custodian or other fiduciary appointed for the purposes of managing such beneficiary's financial affairs, a custodian or fiduciary for such designated beneficiary may serve as the account owner if such form of ownership is permitted or not prohibited under section 529A. (2) Unless otherwise permitted under section 529A, the designated beneficiary of an account shall be a resident of the state or of a contracting state. The State Treasurer shall determine residency of Nebraska residents for such purpose in such manner as may be required or permissible under section 529A or, in the absence of any guidance under section 529A, by such other means as the State Treasurer shall consider advisable for purposes of satisfying the requirements of section 529A. (3) To the extent permitted by federal law, upon the death of …
Sponsors
- Dave Murman (NP, 38) · primary sponsor
Latest actions
- : Approved by Governor on April 14, 2026
- : Presented to Governor on April 9, 2026
- : President/Speaker signed
- : Passed on Final Reading 49-0-0
- : Placed on Final Reading
- : Advanced to Enrollment and Review for Engrossment
- : Kauth FA900 withdrawn
- : Placed on Select File
- : Advanced to Enrollment and Review Initial
- : Speaker priority bill
Votes
- Final Reading (April 9, 2026): 49 yea, 0 nay, passed
- General File: ADVANCE TO E&R INITIAL (March 5, 2026): 30 yea, 0 nay, passed
Common questions
- What is LB1240?
- LB1240 is a bill in the Nebraska Legislature (109th Legislature): Change provisions relating to state recovery under the achieving a better life experience program.
- What does LB1240 do?
- In its own words: A bill FOR AN ACT relating to the achieving a better life experience program; to amend section 77-1403, Revised Statutes Cumulative Supplement, 2024; to change provisions relating to state recovery of certain amounts; and to repeal the original section.
- What is the status of LB1240?
- Signed into law as of April 17, 2026. Latest action: Approved by Governor on April 14, 2026 (April 17, 2026).
- Who sponsored LB1240?
- Dave Murman (NP, 38).
- Where is the official record for LB1240?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=64025
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.