Nebraska § 85-1654 Tuition Recovery Cash Fund; established; use; investment

Nebraska Statutes

§ 85-1654 — Tuition Recovery Cash Fund; established; use; investment

Nebraska § 85-1654

Ch. 85State University, State Colleges, and Postsecondary Education

This text of Nebraska § 85-1654 (Tuition Recovery Cash Fund; established; 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. § 85-1654 (2026).

Text

The Tuition Recovery Cash Fund is hereby established. The fund shall be a cash fund used to receive assessments imposed under section  85-1656  and to pay claims authorized under section  85-1657 . Transfers may be made from the fund to the Education Future Fund at the direction of the Legislature. Any money in the Tuition Recovery Cash 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. Any interest earned by the fund shall accrue to the fund.

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The Tuition Recovery Cash Fund is hereby established. The fund shall be a cash fund used to receive assessments imposed under section 85-1656 and to pay claims authorized under section 85-1657 . Transfers may be made from the fund to the Education Future Fund at the direction of the Legislature. Any money in the Tuition Recovery Cash 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. Any interest earned by the fund shall accrue to the fund.

Legislative History

Source: Laws 1993, LB 348, § 52; Laws 1994, LB 1066, § 92; R.S.1943, (1994), § 79-2859; Laws 1995, LB 4, § 54; Laws 2025, LB264, § 208. Operative Date: May 22, 2025 Cross References: Nebraska Capital Expansion Act, see section 72-1269. Nebraska State Funds Investment Act, see section 72-1260.