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2022 Nebraska Revised Statutes
Chapter 81 - State Administrative Departments
81-12,114 - Innovation Hub Cash Fund; created; use; investment.
Universal Citation: NE Code § 81-12,114 (2022)
81-12,114. Innovation Hub Cash Fund; created; use; investment.
(1) The Innovation Hub Cash Fund is created. The fund shall be administered by the department and shall consist of application fees received under section 81-12,110, funds transferred by the Legislature, and any other money as determined by the Legislature.
(2) The fund shall be used by the department for purposes of carrying out the Nebraska Innovation Hub 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.
Source
- Laws 2022, LB450, ยง 9.
- Effective Date: July 21, 2022
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
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