LR 476

LR476  LR476
2026  2026
                            ONE HUNDRED NINTH LEGISLATURE
                                    SECOND SESSION
                   LEGISLATIVE RESOLUTION 476
Introduced by Andersen, 49; Bostar, 29; Hansen, 16; Jacobson, 42; Lippincott,
              34; Lonowski, 33; Meyer, G., 17; Sorrentino, 39.
PURPOSE:   The purpose of this resolution is to propose an interim study to
examine:
    (1)    The    fiscal,   constitutional,   and    administrative   implications   of
adopting LB1095 (2026);
    (2) The fiscal impact of divesting assets of the retirement systems from
the People's Republic of China on the State of Nebraska and the residents of
this state, including the cost of initial divestment and the projected long-
term revenue loss from divestment;
    (3) The creation or use of a list of restricted entities;
    (4) If definition clarity or scope-of-time requirements are needed for
LB1095 (2026);
    (5) The practicability of implementing LB1095 (2026);
    (6) Which state agencies should administrate certain functions of LB1095
(2026);
    (7) The long-term implications of adopting LB1095 (2026); and
    (8) The best timeline for divesting from the People's Republic of China in
the context of national security and fiscal responsibilities.
    NOW, THEREFORE, BE IT RESOLVED BY THE MEMBERS OF THE ONE HUNDRED NINTH
LEGISLATURE OF NEBRASKA, SECOND SESSION:
    1.     That the Nebraska Retirement Systems Committee of the Legislature
shall be designated to conduct an interim study to carry out the purposes of
this resolution.
    2. That the committee shall upon the conclusion of its study make a report
of its findings, together with its recommendations, to the Legislative Council
or Legislature.
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