State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter77 > 77-4310_03

77-4310.03. Marijuanaand Controlled Substances Tax Administration Cash Fund; created; use; investment.There is hereby created the Marijuana and Controlled SubstancesTax Administration Cash Fund. Money in the fund shall be used by the Tax Commissionerfor the purposes of administering, collecting, and enforcing the tax imposedby section 77-4303, exceptthat transfers may be made from the fund to the General Fund at the directionof the Legislature. Any money in the Marijuanaand Controlled Substances Tax Administration 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 1991, LB 773, § 32; Laws 1994, LB 1066, § 87; Laws 2009, First Spec. Sess., LB3, § 56.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.