This legislative bill, approved by the Governor on May 21, amends various sections of Nebraska's Revised Statutes to enhance financial management and facilitate fund transfers within the state government. Key provisions include the mandated transfer of substantial amounts from several state funds to the General Fund, such as $8,250,000 from the State Insurance Fund and $25,500,000 from the Military Installation Development and Support Fund, with specific timelines for execution by the State Treasurer. The bill also proposes the termination of programs like the Economic Opportunity Program and the Customized Job Training Act, while repealing obsolete provisions to streamline state financial operations.

Additionally, the bill introduces new funds, such as the Biotechnology Development Cash Fund and the Lead Service Line Cash Fund, and modifies existing funds to allow for transfers to the General Fund at the Legislature's direction. It establishes guidelines for the management of these funds, including the creation of subaccounts for tracking purposes and the allocation of investment earnings. The bill emphasizes the importance of effective resource allocation to support state initiatives, particularly in education and community development, while ensuring that financial adjustments are implemented urgently due to the declared emergency.

Statutes affected:
Introduced: 8-604, 13-3315, 29-1823, 37-1804, 43-2607, 48-621, 48-3405, 50-501, 55-901, 57-1411, 60-1505, 60-1513, 61-218, 61-305, 61-405, 66-2308, 68-911, 68-996, 71-5328, 72-1001, 72-2401, 75-109.01, 75-1101, 76-3219, 77-2911, 77-4025, 77-4310.03, 77-6919, 77-6928, 77-7304, 79-810, 79-1021, 79-1064, 79-1104.02, 79-2510, 79-3501, 81-302, 81-407, 81-1210.04, 81-1211, 81-1213.02, 81-1216, 81-1230, 82-139, 84-612, 85-1643, 85-1654, 85-1920, 85-2009, 86-324, 86-333, 86-1028, 86-1403
Final Reading: 2-1577, 8-604, 9-1107, 13-3315, 37-351, 37-1017, 37-1804, 39-1390, 39-2803, 39-2806, 39-2807, 48-3405, 50-501, 55-901, 57-1411, 60-1505, 60-1513, 61-218, 61-222, 61-305, 61-405, 66-2308, 68-996, 68-1010, 69-1317, 71-5328, 71-7608, 71-7611, 72-232.02, 72-820, 72-1001, 72-2211, 72-2401, 75-1101, 76-3219, 77-2911, 77-4025, 77-4310.03, 77-6841, 79-810, 79-1064, 79-1119, 79-1142, 79-1145, 79-2510, 79-3501, 81-179, 81-302, 81-407, 81-1210.04, 81-1211, 81-1213.02, 81-1213.05, 81-1216, 81-1329, 81-1558, 81-2004.07, 81-2004.08, 82-139, 83-973, 84-612, 84-622, 85-1643, 85-1654, 85-2009, 86-324, 86-1028
Slip Law: 2-1577, 8-604, 9-1107, 13-3315, 37-351, 37-1017, 37-1804, 39-1390, 39-2803, 39-2806, 39-2807, 48-3405, 50-501, 55-901, 57-1411, 60-1505, 60-1513, 61-218, 61-222, 61-305, 61-405, 66-2308, 68-996, 68-1010, 69-1317, 71-5328, 71-7608, 71-7611, 72-232.02, 72-820, 72-1001, 72-2211, 72-2401, 75-1101, 76-3219, 77-2911, 77-4025, 77-4310.03, 77-6841, 79-810, 79-1064, 79-1119, 79-1142, 79-1145, 79-2510, 79-3501, 81-179, 81-302, 81-407, 81-1210.04, 81-1211, 81-1213.02, 81-1213.05, 81-1216, 81-1329, 81-1558, 81-2004.07, 81-2004.08, 82-139, 83-973, 84-612, 84-622, 85-1643, 85-1654, 85-2009, 86-324, 86-1028