Nebraska § 79-309.01 Commissioner of Education; duties; use of funds

Nebraska Statutes

§ 79-309.01 — Commissioner of Education; duties; use of funds

Nebraska § 79-309.01

Ch. 79Schools

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Bluebook

Neb. Rev. Stat. § 79-309.01 (2026).

Text

(1)The Commissioner of Education shall use the separate accounting provided by the State Treasurer through 2020 under subdivision (1)(b) of section 79-1035 to determine the amount that is attributable to income from solar or wind agreements on school lands. This amount shall provide funds for the grants described in section 79-308 through the 2020-21 school year.

(2)On or before June 30, 2022, any unencumbered and unspent funds from any separate accounting provided by the State Treasurer under subdivision (1)(b) of section 79-1035 shall be transferred to the temporary school fund.

(3)For purposes of this section, agreement means any lease, easement, covenant, or other such contractual arrangement.

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(1) The Commissioner of Education shall use the separate accounting provided by the State Treasurer through 2020 under subdivision (1)(b) of section 79-1035 to determine the amount that is attributable to income from solar or wind agreements on school lands. This amount shall provide funds for the grants described in section 79-308 through the 2020-21 school year.
(2) On or before June 30, 2022, any unencumbered and unspent funds from any separate accounting provided by the State Treasurer under subdivision (1)(b) of section 79-1035 shall be transferred to the temporary school fund.
(3) For purposes of this section, agreement means any lease, easement, covenant, or other such contractual arrangement.