The 1996 United States Senate election in Nebraska was held on November 5, 1996. Incumbent Democratic U.S. Senator J. James Exon decided to retire instead of seeking a fourth term. Republican nominee Chuck Hagel won the open seat by 14 points, defeating incumbent Democratic governor Ben Nelson. Nelson would later be elected to Nebraska's other U.S. Senate seat in 2000 when Bob Kerrey retired and served alongside Hagel until 2009, when Hagel left the Senate after retiring.
As of 2022, this is the last time an incumbent Governor failed to hold a Senate seat for his party.