This bill amends several sections of the Reissue Revised Statutes of Nebraska and the Revised Statutes Supplement, 2025, to update provisions related to the examination of financial institutions and the assessment of fees and costs associated with these examinations. Key changes include the authority of the Department of Banking and Finance to charge electronic data processing centers for examination time at a rate set by the director, rather than a previously specified rate. Additionally, the bill expands the scope of entities subject to assessments to include any entities chartered, licensed, or registered under various financial laws, and it introduces new factors for determining assessments based on asset size and transaction volumes.
Furthermore, the bill modifies the process for billing financial institutions for examination costs, allowing for the inclusion of travel expenses for examinations conducted outside the state. It also introduces provisions for imposing fines and potential suspension or revocation of licenses for failure to pay assessments or fees. The bill aims to harmonize existing laws and streamline the assessment process while ensuring that the Department of Banking and Finance can effectively oversee financial institutions in Nebraska.
Statutes affected: Introduced: 8-108, 8-601, 8-603, 8-605, 8-606, 8-607