This legislative bill amends various sections of Nebraska law to streamline the management and allocation of state funds, primarily focusing on transferring remaining balances from multiple cash funds to the General Fund before June 30, 2026. Key provisions include the transfer of significant amounts from funds such as the Foster Care Review Office Cash Fund, the Nursing Faculty Student Loan Cash Fund, and the Capitol Commission Revolving Fund, among others. The bill also mandates the State Treasurer to oversee these transfers, which will occur on dates and in amounts directed by the budget administrator of the budget division of the Department of Administrative Services. Additionally, the bill proposes the elimination of certain funds, including the Nebraska Commission on Problem Gambling, and the reassignment of its functions to the Department of Health and Human Services.

Furthermore, the bill introduces new provisions for the establishment of funds, such as the 988 Emergency Lifeline Cash Fund and the Correctional Services Insurance Proceeds Fund, while allowing for the transfer of investment earnings from various funds to the General Fund starting July 1, 2026. It also modifies existing statutes related to charitable gaming, mental health support for first responders, and the management of unemployment insurance funds. Notably, the bill includes provisions for the transfer of funds from the Nebraska Capital Construction Fund and the Nebraska Cultural Preservation Endowment Fund to the General Fund, enhancing the state's ability to manage resources effectively. Overall, the bill aims to improve financial operations within the state government, ensuring efficient allocation of resources to support various initiatives.

Statutes affected:
Introduced: 1-111, 2-2701, 2-2703.01, 2-2705, 2-2706, 3-126, 9-812, 9-1002, 9-1004, 9-1005, 9-1006, 9-1107, 9-1204, 13-2041, 19-5707, 29-2262.07, 37-327.01, 37-327.02, 37-811, 38-157, 38-2121, 43-1318, 43-2404.01, 43-2404.02, 44-116, 47-632, 48-101.01, 48-145, 48-621, 48-3004, 48-3008, 54-857, 57-1406, 58-703, 66-733, 66-734, 66-735, 66-1519, 68-911, 68-996, 68-1206, 68-1604, 68-1724, 69-1317, 71-3525, 71-3526, 71-5306, 71-7104, 71-7611, 72-1001, 72-2009, 74-1317, 77-1420, 77-4025, 79-303, 79-1035.01, 79-1063, 80-401, 81-1201.22, 81-1202, 81-1203, 81-1204, 81-1209, 81-1210.02, 81-1230, 81-1239, 81-1429.03, 81-1463, 81-1505.05, 81-1607.01, 81-1835, 81-2504, 82-108.03, 82-316, 82-331, 82-332, 83-915.01, 84-321, 84-512, 84-612, 84-721, 85-1401, 85-1412, 85-1539, 85-1654, 85-1920, 85-3112, 86-1063