This bill amends several sections of the Reissue Revised Statutes of Nebraska and the Revised Statutes Cumulative Supplement, 2024, primarily to repeal outdated provisions and harmonize existing laws. Notably, it repeals the Next Generation Business Growth Act, which has been terminated since January 1, 2017, and eliminates obsolete provisions related to the Rural Health Opportunities Loan Pool Fund and the Nebraska Army National Guard complex. Additionally, it repeals various sections that are no longer relevant, including those that terminated in 2015 and 2017, and it repeals original sections 72-816 and 81-829.33, along with several others.

The bill also introduces new legal language, such as the creation of the Rural Health Professional Incentive Fund and the specification that payments received under certain sections will be credited to this fund. It modifies the Vacant Building and Excess Land Cash Fund to clarify its funding sources and purposes, and it updates the Governor's Emergency Cash Fund to include federal reimbursements and other non-federal revenue for emergency disaster costs. The bill ensures that any investment earnings from the Governor's Emergency Cash Fund will be credited to the General Fund starting October 1, 2024, and allows for transfers from this fund to the Cash Reserve Fund and General Fund at the Legislature's direction.

Statutes affected:
Introduced: 71-5661, 72-816, 81-829.33
Final Reading: 71-5661, 72-816, 81-829.33
Slip Law: 90-562, 72-816, 81-829.33