2009 Nebraska Code
Chapter 77 REVENUE AND TAXATION
77-3,111 Miscellaneous Services Revolving Fund; created; administration; investment.

77-3,111. Miscellaneous Services Revolving Fund; created; administration; investment.

There is hereby created a fund to be known as the Miscellaneous Services Revolving Fund to which shall be credited all money received by the Department of Revenue for services performed and billed to other agencies or persons. All reimbursements to the department for such services shall be credited to the fund and expenditures therefrom shall be made only when such funds are available. The Department of Revenue shall only bill for the actual amount expended in performing such services.

Any money in the fund shall be administered by the Department of Revenue, and 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.

The entire amount in the Miscellaneous Services Revolving Fund shall lapse to the General Fund on December 15, 2009.

Source

Laws 1987, LB 523, § 44;
Laws 1995, LB 7, § 86;
Laws 2009, First Spec. Sess., LB2, § 4.
Effective Date: November 21, 2009

Cross References

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