Change provisions relating to the Nebraska educational savings plan trust and allow for the use of trust funds for recognized postsecondary credential programs

Summary

The legislation revises the rules for the Nebraska Educational Savings Plan trust, allowing account holders to use their funds for approved apprenticeship programs and recognized post‑secondary credential programs, in addition to traditional tuition and related costs. It also updates definitions, limits on loan payments, and clarifies the roles of the State Treasurer and investment officer in managing the trust. The changes aim to give families more flexibility in using saved education money.

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