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2012 Nebraska Revised Statutes
Chapter 39 - HIGHWAYS AND BRIDGES
39-2703 - State Highway Capital Improvement Fund; created; use; investment.

Universal Citation:
NE Code § 39-2703 (2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
39-2703. State Highway Capital Improvement Fund; created; use; investment.

(1) The State Highway Capital Improvement Fund is created. The fund shall consist of money credited to the fund pursuant to section 77-27,132 and any other money as determined by the Legislature.

(2) The department may create or direct the creation of accounts within the fund as the department determines to be appropriate and useful in administering the fund.

(3) 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. Investment earnings from investment of money in the fund shall be credited to the fund.

Source
    Laws 2011, LB84, § 3.

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