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LB 661·NE·both

Change provisions relating to the duties of the Nebraska Investment Council, the state investment officer, and the State Treasurer

FailedFiled Jan 22, 2025
Sponsor: Andersen
Latest Action

Indefinitely postponed

Apr 17, 2026

Summary

The bill requires the Nebraska Investment Council and the state investment officer to act as fiduciaries for public retirement, education savings, and state funds, investing only in the beneficiaries' best interests and avoiding certain Chinese‑linked companies. It also obligates the State Treasurer to publish and update a list of restricted entities and mandates regular reporting on holdings. The changes are intended to reduce national‑security risks and improve transparency of public investments.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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