2023 Nebraska Revised Statutes
Chapter 81 - State Administrative Departments
81-12,243 - Economic Recovery Contingency Fund; created; use; prioritize; investment.
81-12,243. Economic Recovery Contingency Fund; created; use; prioritize; 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. Investment earnings on and after July 1, 2023, shall be credited to the fund.
(2) The Department of Economic Development may review the projects listed in the coordination plan and the appendices by the Economic Recovery Special Committee of the Legislature dated January 10, 2023, and shall prioritize the use of the fund on projects listed in the coordination plan followed by the projects in the appendices.
Source
- Laws 2022, LB1024, § 6;
- Laws 2023, LB531, § 49;
- Laws 2023, LB818, § 32.
- Note: The Revisor of Statutes has pursuant to section 49-769 correlated LB531, section 49, with LB818, section 32, to reflect all amendments.
- Note: Changes made by LB531 became operative June 7, 2023. Changes made by LB818 became effective May 25, 2023.
Cross References
- Nebraska Capital Expansion Act, see section 72-1269.
- Nebraska State Funds Investment Act, see section 72-1260.
