WeVote

Bill

Bill

LB 835

Change and eliminate provisions relating to fees of the Secretary of State, notices of liens under the Uniform Federal Lien Registration Act and the Uniform State Tax Lien Registration and Enforcement Act, the central filing system, effective financing statements, the master lien list, and filed records under the Uniform Commercial Code

109th Legislature (2025-2026) Introduced by Mike Jacobson

Nebraska bill eliminates and modifies Secretary of State fees and lien registration procedures under commercial code, potentially affecting business filing costs and creditor protections.

Approved by Governor on April 14, 2026
0
WeVote Research Nonpartisan
Bill Summary · LB 835

Legislative bill overview

LB 835 modifies Nebraska's Secretary of State fee structures and eliminates or changes various provisions related to lien registration, financing statements, and commercial code filings. The bill addresses administrative procedures under the Uniform Commercial Code and federal/state tax lien registration systems.

Why is this important

These fees and filing requirements directly affect businesses, creditors, and financial institutions conducting transactions in Nebraska. Changes to lien registration and financing statement procedures can impact the cost and efficiency of securing credit, property transactions, and debt collection processes across the state's economy.

Potential points of contention

  • Fee elimination impact: Removing certain Secretary of State fees could reduce state revenue, potentially shifting costs elsewhere or affecting funding for filing system maintenance
  • Lien registration changes: Modifications to federal and state tax lien registration procedures may create confusion during transition or affect creditors' ability to properly secure claims
  • Commercial code compliance: Changes to effective financing statements and the master lien list could create compliance challenges for businesses and financial institutions relying on current procedures

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.