Neb. Rev. Stat. §§ 39-2703

Current with changes through the 2024 First Special Legislative Session
Section 39-2703 - State Highway Capital Improvement Fund; created; use; investment
(1) The State Highway Capital Improvement Fund is created. The fund shall consist of money credited to the fund pursuant to subsection (4) of section 39-2215, proceeds of bonds issued pursuant to subsection (3) of section 39-2223, and any other money as determined by the Legislature.
(2) The department may create or direct the creation of accounts within the fund as the department determines to be appropriate and useful in administering the fund.
(3) 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 from investment of money in the fund shall be credited to the fund.

Neb. Rev. Stat. §§ 39-2703

Laws 2011, LB 84, § 3; Laws 2023, LB 727, § 43.
Amended by Laws 2023, LB 727,§ 43, eff. 6/7/2023, op. 6/7/2023.