State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter48 > 48-1_116

48-1,116. CompensationCourt Cash Fund; created; use; investment.TheCompensation Court Cash Fund is hereby created. The fund shall be used toaid in providing for the expense of administering the Nebraska Workers' CompensationAct and the payment of the salaries and expenses of the personnel of the NebraskaWorkers' Compensation Court,except that transfers may be made from the fund to the General Fund at thedirection of the Legislature through June 30, 2011.All fees received pursuant to sections 48-120, 48-120.02, 48-138, 48-139, 48-145.04, and 48-165 shall be remitted to the State Treasurerfor credit to the Compensation Court Cash Fund. The fund shall also consistof amounts credited to the fund pursuant to sections 48-1,113, 48-1,114, and 77-912. The State Treasurer may receive and credit to the fund any money whichmay at any time be contributed to the state or the fund by the federal governmentor any agency thereof to which the state may be or become entitled under anyact of Congress or otherwise by reason of any payment made from the fund.Any money in the fund available for investment shall be investedby the state investment officer pursuant to the Nebraska Capital ExpansionAct and the Nebraska State Funds Investment Act. SourceLaws 1993, LB 757, § 22; Laws 1994, LB 1066, § 35; Laws 2002, LB 1310, § 5; Laws 2005, LB 13, § 33; Laws 2009, First Spec. Sess., LB3, § 24. Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.