This bill amends section 71-7611 of the Revised Statutes Supplement, 2025, to facilitate the transfer of funds from the Nebraska Health Care Cash Fund to the newly established Patient Safety Cash Fund. Specifically, it mandates that the State Treasurer transfer three hundred thousand dollars to the Patient Safety Cash Fund on or before July 15 of each fiscal year. Additionally, the bill clarifies that no new programs will be funded through the Nebraska Health Care Cash Fund until funding for all programs that received appropriations during the fiscal year 2012-13 are restored to their previous levels.

The bill also includes provisions for the Nebraska Health Care Cash Fund, which is primarily funded through transfers from the Nebraska Medicaid Intergovernmental Trust Fund and the Nebraska Tobacco Settlement Trust Fund. It emphasizes the importance of sustainability in these transfers and requires the state investment officer to report on their viability every two years. The bill is set to take effect immediately upon passage and approval, highlighting the urgency of its provisions.

Statutes affected:
Introduced: 71-7611