2015 Nebraska Revised Statutes
Chapter 2 - AGRICULTURE
2-1503.01 Small Watersheds Flood Control Fund; created; use; investment.

2-1503.01. Small Watersheds Flood Control Fund; created; use; investment.

The Small Watersheds Flood Control Fund is created. The State Treasurer shall credit to the fund such money as is specifically appropriated during any session of the Legislature. The State Treasurer shall also credit such fund with money contributed to or remitted by local organizations which was obtained through the sale or lease of property procured through the use of state funds as authorized in sections 2-1502 to 2-1503.03. In addition, funds, services, and properties made available by the United States or one of its departments or agencies may be credited to the fund. The money in the fund shall not be subject to fiscal year or biennium limitations. Transfers may be made from the fund to the General Fund at the direction of the Legislature. Any money in the Small Watersheds Flood Control 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 1963, c. 8, § 3, p. 74;
• Laws 1969, c. 584, § 26, p. 2357;
• Laws 1986, LB 258, § 2;
• Laws 1995, LB 7, § 5;
• Laws 2000, LB 900, § 19;
• Laws 2009, First Spec. Sess., LB3, § 2.

Cross References

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