Bill > LB391

This bill establishes the Give to Enable Support Act, which creates a new program to help individuals with disabilities establish specialized savings accounts. The bill creates a Give to Enable Support Cash Fund that will be administered by the State Treasurer, which will accept private donations to fund the program. Starting January 1, 2026, qualified individuals with disabilities who do not already have an account can apply for the program between January and June each year. If approved, the State Treasurer will establish an account for the individual with at least the minimum required amount, funded from the cash fund. The bill also modifies the state's income tax code to allow taxpayers to deduct contributions to the Give to Enable Support Cash Fund, similar to existing deductions for educational savings accounts. The program's purpose is to promote access to accounts that can be used to pay qualified disability expenses, with the State Treasurer having discretion in determining the funding amount for each approved applicant. The State Treasurer is authorized to adopt rules and regulations to implement the program, which aims to provide financial support for individuals with disabilities.

Budget and Finance

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59009