Shovel-Ready Capital Recovery and Investment Fund; created; use; investment.

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  4. Shovel-Ready Capital Recovery and Investment Fund; created; use; investment.

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81-12,224. Shovel-Ready Capital Recovery and Investment Fund; created; use; investment.

The Shovel-Ready Capital Recovery and Investment Fund is created. The fund shall consist of transfers authorized by the Legislature and any gifts, grants, or bequests from any source, including federal, state, public, and private sources. The fund shall be administered by the department and shall be used to make grants under the Shovel-Ready Capital Recovery and Investment Act. Any money in the fund available for investment shall be invested by the state investment officer pursuant to the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.

Source

  • Laws 2021, LB566, § 6.
  • Effective Date: May 26, 2021

Cross References

  • Nebraska Capital Expansion Act, see section 72-1269.
  • Nebraska State Funds Investment Act, see section 72-1260.


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