LB762 LB762
2020 2020
LEGISLATURE OF NEBRASKA
ONE HUNDRED SIXTH LEGISLATURE
SECOND SESSION
LEGISLATIVE BILL 762
Introduced by Dorn, 30.
Read first time January 08, 2020
Committee: Appropriations
1 A BILL FOR AN ACT relating to the Hall of Fame Trust Fund; to amend
2 section 72-729.01, Reissue Revised Statutes of Nebraska; to provide
3 for transfers of funds from the General Fund; to state intent
4 regarding transfers of funds; and to repeal the original section.
5 Be it enacted by the people of the State of Nebraska,
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2020 2020
1 Section 1. The State Treasurer shall transfer $10,000 from the
2 General Fund to the Hall of Fame Trust Fund for FY2020-21 on such date as
3 directed by the budget administrator of the budget division of the
4 Department of Administrative Services.
5 Sec. 2. The State Treasurer shall transfer $10,000 from the General
6 Fund to the Hall of Fame Trust Fund for FY2021-22 on such date as
7 directed by the budget administrator of the budget division of the
8 Department of Administrative Services.
9 Sec. 3. Section 72-729.01, Reissue Revised Statutes of Nebraska, is
10 amended to read:
11 72-729.01 There is hereby created the Hall of Fame Trust Fund to be
12 administered by the Nebraska Hall of Fame Commission for the purpose of
13 the creation, design, size, configuration, and placement of busts or
14 other appropriate objects as authorized in section 72-729. Deposits to
15 such fund shall include money received from public donation and from
16 funds appropriated specifically for such purpose by the Legislature. It
17 is the intent of the Legislature that ten thousand dollars be transferred
18 from the General Fund to the Hall of Fame Trust Fund annually beginning
19 with fiscal year 2020-21.
20 Sec. 4. Original section 72-729.01, Reissue Revised Statutes of
21 Nebraska, is repealed.
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Statutes affected:
Introduced: 72-729.01