2016 Nebraska Revised Statutes
Chapter 81 - STATE ADMINISTRATIVE DEPARTMENTS
81-406 Contractor and Professional Employer Organization Registration Cash Fund; created; use; investment.

NE Code § 81-406 (2016) What's This?

81-406. Contractor and Professional Employer Organization Registration Cash Fund; created; use; investment.

(1) The Contractor and Professional Employer Organization Registration Cash Fund is created. The fund shall be administered by the Department of Labor and shall consist of fees collected by the department pursuant to the Farm Labor Contractors Act, the Contractor Registration Act, and the Professional Employer Organization Registration Act and such sums as are appropriated to the fund by the Legislature. The fund shall be used for enforcing and administering the Farm Labor Contractors Act, the Contractor Registration Act, the Employee Classification Act, and the Professional Employer Organization Registration Act. 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.

(2) The Farm Labor Contractors Fund, the Contractor Registration Cash Fund, and the Professional Employer Organization Cash Fund terminate on July 1, 2016, and the State Treasurer shall transfer any money in such funds on such date to the Contractor and Professional Employer Organization Registration Cash Fund.

Source

  • Laws 2016, LB270, ยง 1.
  • Operative Date: July 1, 2016

Cross References

  • Contractor Registration Act, see section 48-2101.
  • Employee Classification Act, see section 48-2901.
  • Farm Labor Contractors Act, see section 48-1701.
  • Nebraska Capital Expansion Act, see section 72-1269.
  • Nebraska State Funds Investment Act, see section 72-1260.
  • Professional Employer Organization Registration Act, see section 48-2701.

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