| Formal Name: | Collection Agency Licensing Board |
| Contact Person: | David Wilson, Director |
| Purpose: | The Board is responsible for the administration of the Collection Agency Act. It reviews all applications submitted for a Collection Agency License, investigating the qualifications of the applicants, and issuing a license or denying the application, as it determines appropriate. Neb. Rev. Stat. 45-605. |
| How Many Affectable: | Those desiring a collection agency license and their clients. |
| How Many Served: | There are 482 collection agencies licensed in Nebraska as of 7312020. |
| Year Created: | 1963 |
| Year Active: | 1963 |
| Sunset Date: | None |
| Authorization Citation: | Neb. Rev. Stat. 45-603 to 45-605 |
| Parent Agency: | Secretary of State is the Chair and may perform other duties as necessary to carry out the Act. |
| Number Of Members: | 5 |
| Who Appoints: | Secretary of State is the Chair. Governor appoints the remaining 4 members. |
| Legislative Approval: | No. |
| Qualifications Of Members: | Three members must be active licensees, engaged in the collection business and one must be from each of the three Congressional districts. The fourth is an at-large representative of the public and cannot be a licensee. |
| Per Diem: | blank |
| Expense Reimbursement: | No. |
| Term Length: | 4 years |
| Terms Rotate or Expire At Once: | Terms Rotate |
| Required FY 17-18: | 4 |
| Held FY 17-18: | 4 |
| Required FY 18-19: | 4 |
| Held FY 18-19: | 4 |
| Required FY 19-20: | 4 |
| Held FY 19-20: | 4 |
| Support Staff: | 2: Director and Assistant |
| Shared or Separate: | Shared with Secretary of State's office |
| FY 17-18 Budget: | $168,771.45 |
| FY 18-19 Budget: | $125,432.35 |
| FY 19-20 Budget: | $122,579.24 |
| Other Funding Sources: | None |
| Spending Authority: | Neb. Rev. Stat. 45-621 |
| Since July 1, 2016: | The Board has reviewed and approved or denied applications for Collection Agencies at quarterly meetings. In 2017, developed a portal for renewing licenses online. In 2020, adopted the Nationwide Mortgage Licensing System and Registry for licensing functions. |