2009 Nebraska Code
Chapter 13 CITIES, COUNTIES, AND OTHER POLITICAL SUBDIVISIONS
13-2704 Local Civic, Cultural, and Convention Center Financing Fund; created; use; investment.

13-2704. Local Civic, Cultural, and Convention Center Financing Fund; created; use; investment.

(1) The Local Civic, Cultural, and Convention Center Financing Fund is created. The fund shall be administered by the department. Transfers may be made from the fund to the General Fund at the direction of the Legislature. Any money in the Local Civic, Cultural, and Convention Center Financing 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. The fund may be used for assistance for the construction of new centers or the renovation or expansion of existing centers. The fund may not be used for planning, programming, marketing, advertising, and related activities. Transfers may be made from the fund to the Department of Revenue Enforcement Fund at the direction of the Legislature.

(2) On July 1, 2010, or as soon thereafter as is administratively possible the State Treasurer shall transfer seventy-nine thousand three hundred dollars from the Local Civic, Cultural, and Convention Center Financing Fund to the Department of Revenue Enforcement Fund.

(3) It is the intent of the Legislature that on July 1, 2011, or as soon thereafter as is administratively possible the State Treasurer shall transfer forty-two thousand nine hundred dollars from the Local Civic, Cultural, and Convention Center Financing Fund to the Department of Revenue Enforcement Fund.

Source

Laws 1999, LB 382, § 16;
Laws 2009, First Spec. Sess., LB3, § 8;
Laws 2010, LB779, § 5.
Operative Date: July 1, 2010

Cross References

Nebraska Capital Expansion Act, see section 72-1269.
Nebraska State Funds Investment Act, see section 72-1260.