This legislative bill proposes extensive amendments to various funds and programs in Nebraska, primarily focusing on the management and allocation of state resources. It mandates the State Treasurer to execute significant financial transfers from multiple funds to the General Fund and other designated funds, with specific amounts and timelines outlined for each transfer. For example, it includes transfers such as $25,500,000 from the Military Installation Development and Support Fund and $65,000,000 from the Water Recreation Enhancement Fund. The bill also aims to eliminate several acts, including the Nebraska Broadband Bridge Act and the Nebraska Geologic Storage of Carbon Dioxide Act, while streamlining government operations and financial management through amendments to existing statutes.

Additionally, the bill introduces new provisions that allow for the transfer of investment earnings from various funds to the General Fund, starting July 1, 2025. It establishes new funds, such as the Public Service Commission Pipeline Regulation Fund and the Nebraska Environmental Trust Fund, while also modifying existing funds to enhance their management. Notably, it deletes previous provisions related to the reimbursement of counties for lodging defendants committed for competency restoration, simplifying the process. The bill emphasizes the importance of fiscal responsibility and resource management, aiming to improve funding for educational initiatives, healthcare access, and economic development projects across the state.

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