2017 Nebraska Revised Statutes
Chapter 77 - REVENUE AND TAXATION
77-4602 Actual General Fund net receipts; public statement by Tax Commissioner; transfer of funds; when.
77-4602. Actual General Fund net receipts; public statement by Tax Commissioner; transfer of funds; when.
(1) Within fifteen days after the end of each month, the Tax Commissioner shall provide a public statement of actual General Fund net receipts and a comparison of such actual net receipts to the monthly estimate certified pursuant to section 77-4601.
(2) Within fifteen days after the end of each fiscal year, the public statement shall also include a summary of actual General Fund net receipts and estimated General Fund net receipts for the fiscal year.
(3) If the actual General Fund net receipts for the fiscal year as reported in subsection (2) of this section exceed estimated receipts for the fiscal year, the Tax Commissioner shall immediately certify to the director such excess amount. The State Treasurer shall immediately transfer an amount equal to such excess amount from the General Fund to the Cash Reserve Fund upon certification by the director of such excess amount.
Source
- Laws 1993, LB 38, § 2;
- Laws 1996, LB 1290, § 4.
