Bill
Bill > LB1158
summary
Introduced
01/11/2024
01/11/2024
In Committee
01/16/2024
01/16/2024
Crossed Over
Passed
Dead
04/18/2024
04/18/2024
Introduced Session
108th Legislature
Bill Summary
A BILL FOR AN ACT relating to revenue and taxation; to amend section 77-2716, Revised Statutes Supplement, 2023; to adopt the Medical Debt Relief Act; to provide certain income tax consequences; and to repeal the original section.
AI Summary
This bill adopts the Medical Debt Relief Act, which establishes the Medical Debt Relief Program to discharge medical debt owed by eligible Nebraska residents. The program is administered by the State Treasurer, who will contract with a medical debt relief coordinator to purchase and discharge medical debt from healthcare providers. The bill also provides certain income tax consequences, such as excluding the discharged debt from taxable income and making contributions to the Medical Debt Relief Fund tax-deductible.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Provisions/portions of LB1158 amended into LB937 by AM3206 (on 04/25/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=54886 |
| Fiscal Note for LB1158 | https://nebraskalegislature.gov/FloorDocs/108/PDF/FN/LB1158_20240213-120340.pdf |
| Analysis - Statement of Intent | https://nebraskalegislature.gov/FloorDocs/108/PDF/SI/LB1158.pdf |
| BillText | https://nebraskalegislature.gov/FloorDocs/108/PDF/Intro/LB1158.pdf |
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