Nebraska § 19-5707 Municipality Infrastructure Aid Fund; created; use; investment

Nebraska Statutes

§ 19-5707 — Municipality Infrastructure Aid Fund; created; use; investment

Nebraska § 19-5707

Ch. 19Cities and Villages; Laws Applicable to More Than One and Less Than All Classes

This text of Nebraska § 19-5707 (Municipality Infrastructure Aid Fund; created; use; investment) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 19-5707 (2026).

Text

The Municipality Infrastructure Aid Fund is created. The fund shall be administered by the Department of Economic Development and shall be used for the purposes of the Municipality Infrastructure Aid Act. The Municipality Infrastructure Aid Fund shall consist of money transferred by the Legislature and money that was recouped under the Municipality Infrastructure Aid 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 from investment of money in the fund shall be credited to the fund.

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The Municipality Infrastructure Aid Fund is created. The fund shall be administered by the Department of Economic Development and shall be used for the purposes of the Municipality Infrastructure Aid Act. The Municipality Infrastructure Aid Fund shall consist of money transferred by the Legislature and money that was recouped under the Municipality Infrastructure Aid 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 from investment of money in the fund shall be credited to the fund.

Legislative History

Source: Laws 2024, LB600, § 7. Cross References: Nebraska Capital Expansion Act, see section 72-1269. Nebraska State Funds Investment Act, see section 72-1260.