This legislative bill amends the Nebraska Money Transmitters Act and related statutes to enhance the regulatory framework for money transmission services, particularly concerning foreign adversaries. It introduces new definitions, such as "foreign adversary person," and requires applicants for money transmitter licenses to certify that they and their key individuals are not foreign adversaries. The bill imposes a 25% excise tax on remittance transfers to residents of foreign adversary countries, excluding Cuba and Venezuela, and mandates that the Department of Banking and Finance share relevant data with the Department of Revenue for enforcement purposes. Additionally, it establishes protections against financial exploitation for vulnerable and senior adults, allowing financial institutions to delay or refuse transactions if exploitation is suspected.

The bill also updates provisions related to decedents' estates, including adjustments to homestead and family allowance amounts for surviving spouses and children based on the date of the decedent's death. It introduces new guidelines for the establishment and enforcement of trusts, ensuring clearer distribution of property and rights for beneficiaries. Furthermore, the bill enhances consumer protection against deceptive practices, particularly in social media advertising, and amends the Equipment Business Regulation Act to protect dealers from unfair supplier practices. Lastly, it introduces the Age-Appropriate Online Design Code Act to safeguard minors using online services, requiring platforms to implement protective measures and parental controls. The bill aims to modernize various aspects of Nebraska law while enhancing consumer and financial protections.

Statutes affected:
Introduced: 8-2901, 8-2903
Final Reading: 8-2701, 8-2702, 8-2711, 8-2742, 8-2901, 8-2903, 25-2701, 30-2301, 30-2302, 30-2322, 30-2323, 30-2325, 30-3801, 30-3803, 77-2004, 77-3503, 87-302, 87-704, 87-706, 87-709, 87-1301, 87-1302, 87-1304, 87-1305, 87-1306, 87-1308
Slip Law: 8-2701, 8-2702, 8-2711, 8-2742, 8-2901, 8-2903, 25-2701, 30-2301, 30-2302, 30-2322, 30-2323, 30-2325, 30-3801, 30-3803, 77-2004, 77-3503, 87-302, 87-704, 87-706, 87-709, 87-1301, 87-1302, 87-1304, 87-1305, 87-1306, 87-1308