2009 Nebraska Code
Chapter 38 HEALTH OCCUPATIONS AND PROFESSIONS
38-157 Professional and Occupational Credentialing Cash Fund; created; use; investment.

38-157. Professional and Occupational Credentialing Cash Fund; created; use; investment.

(1) The Professional and Occupational Credentialing Cash Fund is created. Except as provided in section 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 38-151 to 38-156.

(2) The department shall use the fund for the administration and enforcement of such laws regulating the individuals and businesses listed in section 38-121 except for a percentage of the fees credited to the Nebraska Regulation of Health Professions Fund pursuant to section 71-6228. Transfers may be made from the Professional and Occupational Credentialing Cash Fund to the General Fund at the direction of the Legislature.

(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;
R.S.Supp.,2006, § 71-163;
Laws 2007, LB463, § 57;
Laws 2009, First Spec. Sess., LB3, § 19.
Effective Date: November 21, 2009

Cross References

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