Nebraska2026Did Not Pass

LB1049

Requirements for Economic Impact Reports and Annual Rule Summaries

Last scannedAug 25, 2026, 3:18 AM

In one sentence

This bill requires the Legislative Fiscal Analyst to create economic impact reports for bills that lead to new rules, and it asks the Secretary of State to publish an annual list of rule changes.

Requires the Legislative Fiscal Analyst to write an economic impact report alongside a fiscal note for any bill that would require state agencies to take regulatory action if signed into law.
Mandates that these reports include cost-benefit analyses, estimated compliance costs for businesses and localities, effects on private property values, impacts on state expenditures, and key assumptions.
Asks state agencies to cooperate with the Legislative Fiscal Analyst by providing relevant information needed for the economic impact reports.
Updates the duties of the Secretary of State to require an annual report submitted at the end of each calendar year listing new and amended rules organized by agency.
Repeals the original version of section 84-906.03 after adding these new reporting requirements.

The Legislative Fiscal Analyst, who must prepare economic impact reports for specific bills that require regulatory action.
State agencies, which must provide information to help create the reports and whose rules are tracked in annual summaries.
The Secretary of State, who is responsible for compiling and submitting an annual report on rule changes.

The bill text does not specify a deadline by which the Legislative Fiscal Analyst must finish these reports.
It is unclear how much time state agencies have to provide information before the report is due.
This legislation was indefinitely postponed, meaning it did not become law in its current form.

Plain language

Regulatory action: The adoption, creation (promulgation), change (amendment), or removal (withdrawal) of a formal rule or regulation as defined in state law.
Economic impact report: A document that estimates the costs and benefits of new rules for businesses, localities, property owners, and state expenditures.

Official record

Source attached

Require the Legislative Fiscal Analyst to prepare economic impact reports for regulatory actions

Official activity