Bill > LB894

This bill modifies provisions of Nebraska's Grain Dealer Act and Grain Warehouse Act, primarily by establishing a new "Grain Dealer and Grain Warehouse Cash Fund" to collect and use fees for administering these acts, and by adjusting fee structures and licensure requirements. Specifically, it changes how annual fees are collected for grain dealers, with a transition to the new fund starting in July 2027, and revises the requirements for a grain dealer's security, which is a form of financial protection for producers. For grain warehouses, the bill clarifies that those licensed under the federal United States Warehouse Act will have fewer state-level filing requirements and that the state commission will not take action against them without federal consent, while also adjusting annual license fees for warehouses not federally licensed, with these fees also going into the new cash fund. Additionally, the bill mandates that only commission-approved air probes can be used to sample grain for foreign material content, and violations are a misdemeanor. The bill also repeals several existing sections of law related to these acts.

Agriculture and Natural Resources

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=62684