LB997 LB997
2024 2024
LEGISLATURE OF NEBRASKA
ONE HUNDRED EIGHTH LEGISLATURE
SECOND SESSION
LEGISLATIVE BILL 997
Introduced by Ibach, 44; Bostar, 29.
Read first time January 05, 2024
Committee: Education
1 A BILL FOR AN ACT relating to child care funding; to amend section
2 84-612, Revised Statutes Supplement, 2023; to create a fund; to
3 provide duties for the State Department of Education and the
4 Department of Health and Human Services; to provide for a transfer
5 from the Cash Reserve Fund; to repeal the original section; and to
6 declare an emergency.
7 Be it enacted by the people of the State of Nebraska,
-1-
LB997 LB997
2024 2024
1 Section 1. There is hereby created the Child Care Wages Fund to be
2 administered by the State Department of Education. The fund shall be used
3 to contract with a statewide organization in accordance with section 2 of
4 this act for the purpose of state aid. It is the intent of the
5 Legislature that a one-time transfer of two million dollars from the Cash
6 Reserve Fund be used to establish the Child Care Wages Fund. Any money in
7 the Child Care Wages Fund available for investment shall be invested by
8 the state investment officer pursuant to the Nebraska Capital Expansion
9 Act and the Nebraska State Funds Investment Act.
10 Sec. 2. The State Department of Education shall establish
11 procedures and criteria for purposes of distributions from the Child Care
12 Wages Fund to the Child Care WAGE$ Nebraska program to be used for
13 providing salary supplements to child care and early education providers
14 working with children five years of age or younger in child care programs
15 licensed pursuant to sections 71-1908 to 71-1923. It is the intent of the
16 Legislature that the supplements be expended by June 30, 2027.
17 Sec. 3. Section 84-612, Revised Statutes Supplement, 2023, is
18 amended to read:
19 84-612 (1) There is hereby created within the state treasury a fund
20 known as the Cash Reserve Fund which shall be under the direction of the
21 State Treasurer. The fund shall only be used pursuant to this section.
22 (2) The State Treasurer shall transfer funds from the Cash Reserve
23 Fund to the General Fund upon certification by the Director of
24 Administrative Services that the current cash balance in the General Fund
25 is inadequate to meet current obligations. Such certification shall
26 include the dollar amount to be transferred. Any transfers made pursuant
27 to this subsection shall be reversed upon notification by the Director of
28 Administrative Services that sufficient funds are available.
29 (3) In addition to receiving transfers from other funds, the Cash
30 Reserve Fund shall receive federal funds received by the State of
31 Nebraska for undesignated general government purposes, federal revenue
-2-
LB997 LB997
2024 2024
1 sharing, or general fiscal relief of the state.
2 (4) The State Treasurer shall transfer two million dollars from the
3 Governor's Emergency Cash Fund to the Cash Reserve Fund on or before June
4 30, 2024, on such dates and in such amounts as directed by the budget
5 administrator of the budget division of the Department of Administrative
6 Services.
7 (5) The State Treasurer shall transfer two hundred sixteen million
8 one hundred twenty thousand dollars from the Cash Reserve Fund to the
9 Nebraska Capital Construction Fund on or after July 1, 2022, but before
10 June 15, 2023, on such dates and in such amounts as directed by the
11 budget administrator of the budget division of the Department of
12 Administrative Services.
13 (6) The State Treasurer shall transfer one hundred eighty-two
14 million six hundred twenty-three thousand eight hundred twenty-five
15 dollars from the Cash Reserve Fund to the Nebraska Capital Construction
16 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
17 and in such amounts as directed by the budget administrator of the budget
18 division of the Department of Administrative Services.
19 (7) The State Treasurer shall transfer fifty-three million five
20 hundred thousand dollars from the Cash Reserve Fund to the Perkins County
21 Canal Project Fund on or before June 30, 2023, on such dates and in such
22 amounts as directed by the budget administrator of the budget division of
23 the Department of Administrative Services.
24 (8) No funds shall be transferred from the Cash Reserve Fund to
25 fulfill the obligations created under the Nebraska Property Tax Incentive
26 Act unless the balance in the Cash Reserve Fund after such transfer will
27 be at least equal to five hundred million dollars.
28 (9) The State Treasurer shall transfer thirty million dollars from
29 the Cash Reserve Fund to the Military Base Development and Support Fund
30 on or before June 30, 2023, but not before July 1, 2022, on such dates
31 and in such amounts as directed by the budget administrator of the budget
-3-
LB997 LB997
2024 2024
1 division of the Department of Administrative Services.
2 (10) The State Treasurer shall transfer eight million three hundred
3 thousand dollars from the Cash Reserve Fund to the Trail Development and
4 Maintenance Fund on or after July 1, 2022, but before July 30, 2022, on
5 such dates and in such amounts as directed by the budget administrator of
6 the budget division of the Department of Administrative Services.
7 (11) The State Treasurer shall transfer fifty million dollars from
8 the Cash Reserve Fund to the Nebraska Rural Projects Fund on or after
9 July 1, 2022, but before July 15, 2023, on such dates and in such amounts
10 as directed by the budget administrator of the budget division of the
11 Department of Administrative Services.
12 (12) The State Treasurer shall transfer thirty million dollars from
13 the Cash Reserve Fund to the Rural Workforce Housing Investment Fund on
14 or after July 1, 2022, but before July 15, 2023, on such dates and in
15 such amounts as directed by the budget administrator of the budget
16 division of the Department of Administrative Services.
17 (13) The State Treasurer shall transfer twenty million dollars from
18 the Cash Reserve Fund to the Intern Nebraska Cash Fund on or after July
19 1, 2022, but before June 15, 2023, on such dates and in such amounts as
20 directed by the budget administrator of the budget division of the
21 Department of Administrative Services.
22 (14) The State Treasurer shall transfer twenty million dollars from
23 the Cash Reserve Fund to the Middle Income Workforce Housing Investment
24 Fund on July 15, 2022, or as soon thereafter as administratively
25 possible, and in such amounts as directed by the budget administrator of
26 the budget division of the Department of Administrative Services.
27 (15) The State Treasurer shall transfer eighty million dollars from
28 the Cash Reserve Fund to the Jobs and Economic Development Initiative
29 Fund on or after July 1, 2022, but before July 15, 2023, on such dates
30 and in such amounts as directed by the budget administrator of the budget
31 division of the Department of Administrative Services.
-4-
LB997 LB997
2024 2024
1 (16) The State Treasurer shall transfer twenty million dollars from
2 the Cash Reserve Fund to the Site and Building Development Fund on July
3 15, 2022, or as soon thereafter as administratively possible, and in such
4 amounts as directed by the budget administrator of the budget division of
5 the Department of Administrative Services.
6 (17) The State Treasurer shall transfer fifty million dollars from
7 the Cash Reserve Fund to the Surface Water Irrigation Infrastructure Fund
8 on or after July 15, 2022, but before January 1, 2023, on such dates and
9 in such amounts as directed by the budget administrator of the budget
10 division of the Department of Administrative Services.
11 (18) The State Treasurer shall transfer fifteen million dollars from
12 the Cash Reserve Fund to the Site and Building Development Fund on or
13 before June 30, 2022, on such dates and in such amounts as directed by
14 the budget administrator of the budget division of the Department of
15 Administrative Services.
16 (19) The State Treasurer shall transfer fifty-five million dollars
17 from the Cash Reserve Fund to the Economic Recovery Contingency Fund on
18 or before June 30, 2022, on such dates and in such amounts as directed by
19 the budget administrator of the budget division of the Department of
20 Administrative Services.
21 (20) The State Treasurer shall transfer ten million dollars from the
22 Cash Reserve Fund to the School Safety and Security Fund as soon as
23 administratively possible after September 2, 2023, on such dates and in
24 such amounts as directed by the budget administrator of the budget
25 division of the Department of Administrative Services.
26 (21) The State Treasurer shall transfer ten million dollars from the
27 Cash Reserve Fund to the General Fund as soon as administratively
28 possible after June 7, 2023, on such dates and in such amounts as
29 directed by the budget administrator of the budget division of the
30 Department of Administrative Services.
31 (22) The State Treasurer shall transfer one million dollars from the
-5-
LB997 LB997
2024 2024
1 Cash Reserve Fund to the Revitalize Rural Nebraska Fund as soon as
2 administratively possible after June 7, 2023, on such dates and in such
3 amounts as directed by the budget administrator of the budget division of
4 the Department of Administrative Services.
5 (23) The State Treasurer shall transfer three million dollars from
6 the Cash Reserve Fund to the Risk Loss Trust on or before June 30, 2024,
7 on such dates and in such amounts as directed by the budget administrator
8 of the budget division of the Department of Administrative Services.
9 (24) The State Treasurer shall transfer eleven million three hundred
10 twenty thousand dollars from the Cash Reserve Fund to the Health and
11 Human Services Cash Fund on or after July 1, 2023, but on or before June
12 30, 2024, on such dates and in such amounts as directed by the budget
13 administrator of the budget division of the Department of Administrative
14 Services.
15 (25) The State Treasurer shall transfer five hundred seventy-four
16 million five hundred thousand dollars from the Cash Reserve Fund to the
17 Perkins County Canal Project Fund on or before June 30, 2024, on such
18 dates and in such amounts as directed by the budget administrator of the
19 budget division of the Department of Administrative Services.
20 (26) The State Treasurer shall transfer one million four hundred
21 thousand dollars from the Cash Reserve Fund to the State Building
22 Revolving Fund on or before July 10, 2023, on such dates and in such
23 amounts as directed by the budget administrator of the budget division of
24 the Department of Administrative Services.
25 (27) The State Treasurer shall transfer one million one hundred
26 thousand dollars from the Cash Reserve Fund to the Accounting Division
27 Revolving Fund on or before July 10, 2023, on such dates and in such
28 amounts as directed by the budget administrator of the budget division of
29 the Department of Administrative Services.
30 (28) The State Treasurer shall transfer one million one hundred
31 fifteen thousand dollars from the Cash Reserve Fund to the Public Safety
-6-
LB997 LB997
2024 2024
1 Cash Fund on or after July 1, 2023, but before June 30, 2024, on such
2 dates and in such amounts as directed by the budget administrator of the
3 budget division of the Department of Administrative Services.
4 (29) The State Treasurer shall transfer one hundred million dollars
5 from the Cash Reserve Fund to the Roads Operations Cash Fund before June
6 30, 2023, on such dates and in such amounts as directed by the budget
7 administrator of the budget division of the Department of Administrative
8 Services.
9 (30) The State Treasurer shall transfer eighteen million seven
10 hundred fifty thousand dollars from the Cash Reserve Fund to the State
11 Self-Insured Indemnification Fund before June 30, 2023, on such dates and
12 in such amounts as directed by the budget administrator of the budget
13 division of the Department of Administrative Services.
14 (31) The State Treasurer shall transfer five million dollars from
15 the Cash Reserve Fund to the Nebraska Public Safety Communication System
16 Revolving Fund on or after July 1, 2023, but before June 30, 2024, on
17 such dates and in such amounts as directed by the budget administrator of
18 the budget division of the Department of Administrative Services.
19 (32) The State Treasurer shall transfer seventy million dollars from
20 the Cash Reserve Fund to the Shovel-Ready Capital Recovery and Investment
21 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
22 and in such amounts as directed by the budget administrator of the budget
23 division of the Department of Administrative Services.
24 (33) The State Treasurer shall transfer two million dollars from the
25 Cash Reserve Fund to the Site and Building Development Fund on or after
26 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
27 as directed by the budget administrator of the budget division of the
28 Department of Administrative Services.
29 (34) The State Treasurer shall transfer twenty million dollars from
30 the Cash Reserve Fund to the Economic Development Cash Fund on or after
31 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
-7-
LB997 LB997
2024 2024
1 as directed by the budget administrator of the budget division of the
2 Department of Administrative Services.
3 (35) The State Treasurer shall transfer zero dollars from the Cash
4 Reserve Fund to the Rural Workforce Housing Investment Fund on or after
5 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
6 as directed by the budget administrator of the budget division of the
7 Department of Administrative Services.
8 (36) The State Treasurer shall transfer zero dollars from the Cash
9 Reserve Fund to the Middle Income Workforce Housing Investment Fund on or
10 after July 1, 2023, but before June 30, 2024, on such dates and in such
11 amounts as directed by the budget administrator of the budget division of
12 the Department of Administrative Services.
13 (37) The State Treasurer shall transfer two hundred forty million
14 dollars from the Cash Reserve Fund to the Economic Recovery Contingency
15 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
16 and in such amounts as directed by the budget administrator of the budget
17 division of the Department of Administrative Services.
18 (38) The State Treasurer shall transfer ten million dollars from the
19 Cash Reserve Fund to the Critical Infrastructure Facilities Cash Fund on
20 or after July 1, 2023, but before June 30, 2024, on such dates and in
21 such amounts as directed by the budget administrator of the budget
22 division of the Department of Administrative Services.
23 (39) The State Treasurer shall transfer four hundred forty milli