State Codes and Statutes

Statutes > Nebraska > Chapter81 > 81-1201_22

81-1201.22. AdministrativeCash Fund; created; use; investment.(1) Thereis hereby created the Administrative Cash Fund to be administered by the department.Revenue from the following sources shall be remitted to the State Treasurerfor credit to the fund:(a) Fees charged for the sale of department publicationsor subscription to publications;(b) Fees charged for the sale of Nebraska items promotingeconomic development of the state, including travel and tourism;(c) Deposits charged for the temporary use of Nebraska itemspromoting economic development of the state, including travel and tourism;(d) Fees charged for attendance and participation in department-sponsoredconferences, training sessions, and other special events;(e) Money collected from nondepartment sources in connectionwith cooperative funding of advertising, marketing, promotional, or consultingactivities; and(f) Money received by the department in the form of gifts,grants, reimbursements, or appropriations from any source intended to be usedby the department for carrying out the provisions of Chapter 81, article 12.(2) Revenue from the fund may be expended for the followingpurposes:(a) Production and distribution costs of department publications;(b) Purchase of items promoting economic development of thestate, including travel and tourism, intended for sale;(c) Reimbursement of deposits collected for the temporaryuse of promotional items;(d) Payment of costs in connection with department-sponsoredconferences, training sessions, and other special events;(e) Payment of costs of advertising, marketing, promotional,or consulting activities in cooperative funding partnerships with nondepartmentorganizations; and(f) Payment of costs for which fund revenue has been receivedand which are related to department activities in Chapter 81, article 12.(3) Transfersmay be made from the fund to the General Fund at the direction of the Legislature. Anymoney in the Administrative Cash Fund availablefor investment shall be invested by the state investment officer pursuantto the Nebraska Capital Expansion Act and the Nebraska State Funds InvestmentAct. SourceLaws 1994, LB 1194, § 19; Laws 1995, LB 7, § 122; Laws 2009, First Spec. Sess., LB3, § 73.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.