2014 Nebraska Revised Statutes
Chapter 54 - LIVESTOCK
54-857 - Commercial Feed Administration Cash Fund; created; use; investment.

54-857. Commercial Feed Administration Cash Fund; created; use; investment.

All money received pursuant to the Commercial Feed Act shall be remitted by the director to the State Treasurer for credit to the Commercial Feed Administration Cash Fund which is hereby created. Such fund shall be used by the department to aid in defraying the expenses of administering the act, to provide resources to prepare the Nebraska dairy industry report as provided in section 2-3993, and to aid in defraying the expenses related to a cooperative agreement with the United States Department of Agriculture Market News reporting program. Transfers may be made from the fund to the General Fund at the direction of the Legislature. Any money in the Commercial Feed Administration 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 1986, LB 322, § 11;
Laws 1995, LB 7, § 57;
Laws 2008, LB961, § 3;
Laws 2009, First Spec. Sess., LB3, § 29;
Laws 2011, LB305, § 1;
Laws 2012, LB782, § 83;
Laws 2014, LB941, § 2.
Effective Date: July 18, 2014

Cross References

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