2006 Nebraska Revised Statutes - § 71-163 — Professional and Occupational Credentialing Cash Fund; created; use; investment.

Section 71-163
Professional and Occupational Credentialing Cash Fund; created; use; investment.

(1) The Professional and Occupational Credentialing Cash Fund is created. Except as provided in sections 71-172.02 and 71-17,113, the fund shall consist of all fees, gifts, grants, and other money, excluding fines and civil penalties, received or collected by the department under sections 71-162 to 71-162.05.

(2) The department shall use the fund for the administration and enforcement of such laws regulating the individuals and entities listed in section 71-162 except for a percentage of the fees credited to the Nebraska Regulation of Health Professions Fund pursuant to section 71-6228.

(3) Any money in the Professional and Occupational Credentialing Cash 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.

Source:

Laws 1927, c. 167, § 62, p. 471

C.S.1929, § 71-702

R.S.1943, § 71-163

Laws 1986, LB 926, § 37

Laws 1988, LB 1100, § 27

Laws 1994, LB 1210, § 47

Laws 2003, LB 242, § 30

Laws 2005, LB 146, § 10

Cross References:

Nebraska Capital Expansion Act,see section 72-1269.

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

~Revised Statutes Supplement, 2006