NE Legislative Bill 910

Legislation

State: Nebraska
Signed: August 11, 2020

Effective: July 01, 2021

Summary

Legislative Bill 910 restructures the fees Notaries Public pay to be commissioned as a Notary into one fee and aligns statutory sections which prescribe the maximum fee that an Online Notary pays to become an Online Notary.

Affects
Amends Sections 33-102 and 64-405 of the Revised Statutes of Nebraska.

Changes

Increases the application fee for a first time and renewal Notary commission from $15 to $30.
Repeals the $15 fee for filing a Notary bond for both new and renewal commissions.
Corrects conflicting statutory sections specifying the maximum fee that the Secretary of State may establish by regulation for registering to become an Online Notary (corrects NRS 64-306 by raising the fee from $50 to $100 so that it aligns with NRS 64-405).

Analysis

The main purpose of LB 910 is to consolidate four cash funds under the purview of the Secretary of State into a single fund, the Secretary of State Cash Fund, to reduce general fund reliance and align the organizational structure of the office with its funding structure. It changes and restructures certain fees assessed by the Secretary of State which would also promote consistency and uniformity among business filing fees, as well as incentivize online filing.

As part of the bill, fees paid by Notaries have been restructured. No new fees have been established. The total fee that a Notary pays to be commissioned by the Secretary of State remains $30. It is just that now it is one fee instead of two. The bill also corrects conflicting statutory sections regarding the fee for registering to become an online Notary. One provision stated the fee was not to exceed $50 and the other $100. The correction makes both say the fee is not to exceed $100.

Read Legislative Bill 910.