The state of Nebraska has recently added Neb. Rev. Stat. § 45-345(5)(a) and 45-737(11)(a), which require the use of a Net Tangible Benefits worksheet for “any refinance of an existing installment loan” and “any refinance of an existing residential loan”. The Disclosure is required to be on a form prescribed by the Director or one substantially similar to it (see Neb. Rev. Stat. § 45-345(5)(a)). That form has now been published on the website for the Nebraska Department of Banking and Finance. This statute becomes effective three months after the adjournment of the legislative session. In 2026, the last day of the legislative session was April 17, 2026, which means these statutes will be effective July 18, 2026. We will release an alert when the new Net Tangible Benefit Disclosure document is available for testing.
LEG-3636