2006 Nebraska Revised Statutes - § 86-417.02 — Nebraska Public Safety Communication System Revolving Fund; created; use; investment.

Section 86-417.02
Nebraska Public Safety Communication System Revolving Fund; created; use; investment.

The Nebraska Public Safety Communication System Revolving Fund is created. The fund shall be administered by the division. The fund shall consist of revenue received from billings to state agencies for radios and other associated communication equipment necessary to access the communication system established under the Nebraska Public Safety Communication System Act. The fund shall only be used to pay for acquisition, replacement, or lease financing costs of state agency radios and communication equipment associated with accessing the communication system. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.


Cross References:
    Nebraska Capital Expansion Act, see section 72-1269.

    Nebraska State Funds Investment Act, see section 72-1260.

Source:
    Laws 2006, LB 1061, § 16.



~Revised Statutes Cumulative Supplement, 2006

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