2022 Nebraska Revised Statutes
Chapter 81 - State Administrative Departments
81-12,243 - Economic Recovery Contingency Fund; created; use; investment.
81-12,243. Economic Recovery Contingency Fund; created; use; investment.
(1) The Economic Recovery Contingency Fund is created. The fund shall consist of transfers by the Legislature to carry out the Economic Recovery 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) No funds shall be expended from the Economic Recovery Contingency Fund until the Economic Recovery and Incentives Division of the Department of Economic Development has submitted a final copy of its coordinated plan to the Economic Recovery Special Committee of the Legislature pursuant to section 81-12,241 and to the budget administrator of the budget division of the Department of Administrative Services.
Source
- Laws 2022, LB1024, ยง 6.
- Effective Date: April 19, 2022
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
