LB1289 LB1289
2024 2024
LEGISLATURE OF NEBRASKA
ONE HUNDRED EIGHTH LEGISLATURE
SECOND SESSION
LEGISLATIVE BILL 1289
Introduced by Bostar, 29.
Read first time January 16, 2024
Committee: Appropriations
1 A BILL FOR AN ACT relating to appropriations; to amend section 84-612,
2 Revised Statutes Supplement, 2023; to state legislative intent to
3 appropriate funds to the Adjutant General; to provide for a transfer
4 from the Cash Reserve Fund; to repeal the original section; and to
5 declare an emergency.
6 Be it enacted by the people of the State of Nebraska,
-1-
LB1289 LB1289
2024 2024
1 Section 1. (1) It is the intent of the Legislature to appropriate
2 $14,000,000 from the General Fund for FY2024-25 to the Adjutant General
3 to award a grant to a municipal airport located in a city of the primary
4 class.
5 (2) The grant awarded by the Adjutant General under this section
6 shall only be used by the municipal airport for the maintenance, repair,
7 and construction of runway facilities that serve the purposes of
8 providing:
9 (a) National and state military preparedness;
10 (b) Defense mission support; and
11 (c) Civilian passenger or cargo air services.
12 (3)(a) The Adjutant General shall recoup from the municipal airport
13 any grant money:
14 (i) Not spent by the municipal airport within five years after
15 receiving disbursement of grant money; or
16 (ii) Spent in a manner other than specified in this section.
17 (b) Any money recouped by the Adjutant General under this section
18 shall be remitted to the State Treasurer for credit to the General Fund.
19 Sec. 2. Section 84-612, Revised Statutes Supplement, 2023, is
20 amended to read:
21 84-612 (1) There is hereby created within the state treasury a fund
22 known as the Cash Reserve Fund which shall be under the direction of the
23 State Treasurer. The fund shall only be used pursuant to this section.
24 (2) The State Treasurer shall transfer funds from the Cash Reserve
25 Fund to the General Fund upon certification by the Director of
26 Administrative Services that the current cash balance in the General Fund
27 is inadequate to meet current obligations. Such certification shall
28 include the dollar amount to be transferred. Any transfers made pursuant
29 to this subsection shall be reversed upon notification by the Director of
30 Administrative Services that sufficient funds are available.
31 (3) In addition to receiving transfers from other funds, the Cash
-2-
LB1289 LB1289
2024 2024
1 Reserve Fund shall receive federal funds received by the State of
2 Nebraska for undesignated general government purposes, federal revenue
3 sharing, or general fiscal relief of the state.
4 (4) The State Treasurer shall transfer two million dollars from the
5 Governor's Emergency Cash Fund to the Cash Reserve Fund on or before June
6 30, 2024, on such dates and in such amounts as directed by the budget
7 administrator of the budget division of the Department of Administrative
8 Services.
9 (5) The State Treasurer shall transfer two hundred sixteen million
10 one hundred twenty thousand dollars from the Cash Reserve Fund to the
11 Nebraska Capital Construction Fund on or after July 1, 2022, but before
12 June 15, 2023, on such dates and in such amounts as directed by the
13 budget administrator of the budget division of the Department of
14 Administrative Services.
15 (6) The State Treasurer shall transfer one hundred eighty-two
16 million six hundred twenty-three thousand eight hundred twenty-five
17 dollars from the Cash Reserve Fund to the Nebraska Capital Construction
18 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
19 and in such amounts as directed by the budget administrator of the budget
20 division of the Department of Administrative Services.
21 (7) The State Treasurer shall transfer fifty-three million five
22 hundred thousand dollars from the Cash Reserve Fund to the Perkins County
23 Canal Project Fund on or before June 30, 2023, on such dates and in such
24 amounts as directed by the budget administrator of the budget division of
25 the Department of Administrative Services.
26 (8) No funds shall be transferred from the Cash Reserve Fund to
27 fulfill the obligations created under the Nebraska Property Tax Incentive
28 Act unless the balance in the Cash Reserve Fund after such transfer will
29 be at least equal to five hundred million dollars.
30 (9) The State Treasurer shall transfer thirty million dollars from
31 the Cash Reserve Fund to the Military Base Development and Support Fund
-3-
LB1289 LB1289
2024 2024
1 on or before June 30, 2023, but not before July 1, 2022, on such dates
2 and in such amounts as directed by the budget administrator of the budget
3 division of the Department of Administrative Services.
4 (10) The State Treasurer shall transfer eight million three hundred
5 thousand dollars from the Cash Reserve Fund to the Trail Development and
6 Maintenance Fund on or after July 1, 2022, but before July 30, 2022, on
7 such dates and in such amounts as directed by the budget administrator of
8 the budget division of the Department of Administrative Services.
9 (11) The State Treasurer shall transfer fifty million dollars from
10 the Cash Reserve Fund to the Nebraska Rural Projects Fund on or after
11 July 1, 2022, but before July 15, 2023, on such dates and in such amounts
12 as directed by the budget administrator of the budget division of the
13 Department of Administrative Services.
14 (12) The State Treasurer shall transfer thirty million dollars from
15 the Cash Reserve Fund to the Rural Workforce Housing Investment Fund on
16 or after July 1, 2022, but before July 15, 2023, on such dates and in
17 such amounts as directed by the budget administrator of the budget
18 division of the Department of Administrative Services.
19 (13) The State Treasurer shall transfer twenty million dollars from
20 the Cash Reserve Fund to the Intern Nebraska Cash Fund on or after July
21 1, 2022, but before June 15, 2023, on such dates and in such amounts as
22 directed by the budget administrator of the budget division of the
23 Department of Administrative Services.
24 (14) The State Treasurer shall transfer twenty million dollars from
25 the Cash Reserve Fund to the Middle Income Workforce Housing Investment
26 Fund on July 15, 2022, or as soon thereafter as administratively
27 possible, and in such amounts as directed by the budget administrator of
28 the budget division of the Department of Administrative Services.
29 (15) The State Treasurer shall transfer eighty million dollars from
30 the Cash Reserve Fund to the Jobs and Economic Development Initiative
31 Fund on or after July 1, 2022, but before July 15, 2023, on such dates
-4-
LB1289 LB1289
2024 2024
1 and in such amounts as directed by the budget administrator of the budget
2 division of the Department of Administrative Services.
3 (16) The State Treasurer shall transfer twenty million dollars from
4 the Cash Reserve Fund to the Site and Building Development Fund on July
5 15, 2022, or as soon thereafter as administratively possible, and in such
6 amounts as directed by the budget administrator of the budget division of
7 the Department of Administrative Services.
8 (17) The State Treasurer shall transfer fifty million dollars from
9 the Cash Reserve Fund to the Surface Water Irrigation Infrastructure Fund
10 on or after July 15, 2022, but before January 1, 2023, on such dates and
11 in such amounts as directed by the budget administrator of the budget
12 division of the Department of Administrative Services.
13 (18) The State Treasurer shall transfer fifteen million dollars from
14 the Cash Reserve Fund to the Site and Building Development Fund on or
15 before June 30, 2022, on such dates and in such amounts as directed by
16 the budget administrator of the budget division of the Department of
17 Administrative Services.
18 (19) The State Treasurer shall transfer fifty-five million dollars
19 from the Cash Reserve Fund to the Economic Recovery Contingency Fund on
20 or before June 30, 2022, on such dates and in such amounts as directed by
21 the budget administrator of the budget division of the Department of
22 Administrative Services.
23 (20) The State Treasurer shall transfer ten million dollars from the
24 Cash Reserve Fund to the School Safety and Security Fund as soon as
25 administratively possible after September 2, 2023, on such dates and in
26 such amounts as directed by the budget administrator of the budget
27 division of the Department of Administrative Services.
28 (21) The State Treasurer shall transfer ten million dollars from the
29 Cash Reserve Fund to the General Fund as soon as administratively
30 possible after June 7, 2023, on such dates and in such amounts as
31 directed by the budget administrator of the budget division of the
-5-
LB1289 LB1289
2024 2024
1 Department of Administrative Services.
2 (22) The State Treasurer shall transfer one million dollars from the
3 Cash Reserve Fund to the Revitalize Rural Nebraska Fund as soon as
4 administratively possible after June 7, 2023, on such dates and in such
5 amounts as directed by the budget administrator of the budget division of
6 the Department of Administrative Services.
7 (23) The State Treasurer shall transfer three million dollars from
8 the Cash Reserve Fund to the Risk Loss Trust on or before June 30, 2024,
9 on such dates and in such amounts as directed by the budget administrator
10 of the budget division of the Department of Administrative Services.
11 (24) The State Treasurer shall transfer eleven million three hundred
12 twenty thousand dollars from the Cash Reserve Fund to the Health and
13 Human Services Cash Fund on or after July 1, 2023, but on or before June
14 30, 2024, on such dates and in such amounts as directed by the budget
15 administrator of the budget division of the Department of Administrative
16 Services.
17 (25) The State Treasurer shall transfer five hundred seventy-four
18 million five hundred thousand dollars from the Cash Reserve Fund to the
19 Perkins County Canal Project Fund on or before June 30, 2024, on such
20 dates and in such amounts as directed by the budget administrator of the
21 budget division of the Department of Administrative Services.
22 (26) The State Treasurer shall transfer one million four hundred
23 thousand dollars from the Cash Reserve Fund to the State Building
24 Revolving Fund on or before July 10, 2023, on such dates and in such
25 amounts as directed by the budget administrator of the budget division of
26 the Department of Administrative Services.
27 (27) The State Treasurer shall transfer one million one hundred
28 thousand dollars from the Cash Reserve Fund to the Accounting Division
29 Revolving Fund on or before July 10, 2023, on such dates and in such
30 amounts as directed by the budget administrator of the budget division of
31 the Department of Administrative Services.
-6-
LB1289 LB1289
2024 2024
1 (28) The State Treasurer shall transfer one million one hundred
2 fifteen thousand dollars from the Cash Reserve Fund to the Public Safety
3 Cash Fund on or after July 1, 2023, but before June 30, 2024, on such
4 dates and in such amounts as directed by the budget administrator of the
5 budget division of the Department of Administrative Services.
6 (29) The State Treasurer shall transfer one hundred million dollars
7 from the Cash Reserve Fund to the Roads Operations Cash Fund before June
8 30, 2023, on such dates and in such amounts as directed by the budget
9 administrator of the budget division of the Department of Administrative
10 Services.
11 (30) The State Treasurer shall transfer eighteen million seven
12 hundred fifty thousand dollars from the Cash Reserve Fund to the State
13 Self-Insured Indemnification Fund before June 30, 2023, on such dates and
14 in such amounts as directed by the budget administrator of the budget
15 division of the Department of Administrative Services.
16 (31) The State Treasurer shall transfer five million dollars from
17 the Cash Reserve Fund to the Nebraska Public Safety Communication System
18 Revolving Fund on or after July 1, 2023, but before June 30, 2024, on
19 such dates and in such amounts as directed by the budget administrator of
20 the budget division of the Department of Administrative Services.
21 (32) The State Treasurer shall transfer seventy million dollars from
22 the Cash Reserve Fund to the Shovel-Ready Capital Recovery and Investment
23 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
24 and in such amounts as directed by the budget administrator of the budget
25 division of the Department of Administrative Services.
26 (33) The State Treasurer shall transfer two million dollars from the
27 Cash Reserve Fund to the Site and Building Development Fund on or after
28 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
29 as directed by the budget administrator of the budget division of the
30 Department of Administrative Services.
31 (34) The State Treasurer shall transfer twenty million dollars from
-7-
LB1289 LB1289
2024 2024
1 the Cash Reserve Fund to the Economic Development Cash Fund on or after
2 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
3 as directed by the budget administrator of the budget division of the
4 Department of Administrative Services.
5 (35) The State Treasurer shall transfer zero dollars from the Cash
6 Reserve Fund to the Rural Workforce Housing Investment Fund on or after
7 July 1, 2023, but before June 30, 2024, on such dates and in such amounts
8 as directed by the budget administrator of the budget division of the
9 Department of Administrative Services.
10 (36) The State Treasurer shall transfer zero dollars from the Cash
11 Reserve Fund to the Middle Income Workforce Housing Investment Fund on or
12 after July 1, 2023, but before June 30, 2024, on such dates and in such
13 amounts as directed by the budget administrator of the budget division of
14 the Department of Administrative Services.
15 (37) The State Treasurer shall transfer two hundred forty million
16 dollars from the Cash Reserve Fund to the Economic Recovery Contingency
17 Fund on or after July 1, 2023, but before June 30, 2024, on such dates
18 and in such amounts as directed by the budget administrator of the budget
19 division of the Department of Administrative Services.
20 (38) The State Treasurer shall transfer ten million dollars from the
21 Cash Reserve Fund to the Critical Infrastructure Facilities Cash Fund on
22 or after July 1, 2023, but before June 30, 2024, on such dates and in
23 such amounts as directed by the budget administrator of the budget
24 division of the Department of Administrative Services.
25 (39) The State Treasurer shall transfer four hundred forty million
26 dollars from the General Fund to the Cash Reserve Fund on or after July
27 1, 2023, but before June 30, 2024, on such dates and in such amounts as
28 directed by the budget administrator of the budget division of the
29 Department of Administrative Services.
30 (40) T