2020 Nebraska Revised Statutes
Chapter 85 - State University, State Colleges, and Postsecondary Education
85-1920 Nebraska Opportunity Grant Fund; created; use; investment.
85-1920. Nebraska Opportunity Grant Fund; created; use; investment.
The Nebraska Opportunity Grant Fund is created. Money in the fund shall include amounts transferred from the State Lottery Operation Trust Fund pursuant to section 9-812 until June 30, 2016, or the Nebraska Education Improvement Fund pursuant to section 9-812 until June 30, 2021. All amounts accruing to the Nebraska Opportunity Grant Fund shall be used to carry out the Nebraska Opportunity Grant 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.
The Nebraska Opportunity Grant Fund terminates on June 30, 2021. Any money in the fund on such date shall be transferred to the Nebraska Education Improvement Fund on such date.
Source
- Laws 2003, LB 574, § 20;
- Laws 2010, LB956, § 18;
- Laws 2013, LB497, § 6;
- Laws 2015, LB519, § 38.
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
