81-1428 Law Enforcement Improvement Fund; created; use; investment.
81-1428. Law EnforcementImprovement Fund; created; use; investment.TheLaw Enforcement Improvement Fund is created and shall be maintained by theState Treasurer as a cash fund. The fund shall consist of revenue creditedpursuant to section 81-1429 and investment income. The fund shall be usedfor payment of administrative and operations expenses of the Nebraska LawEnforcement Training Center and such other expenses as budgeted by the Legislaturefor the improvement of law enforcement,except that transfers may be made from the fund to the General Fund at thedirection of the Legislature. The LawEnforcement Improvement Fund shall be administered by the director.Any money in the fund available for investment shall be invested by the stateinvestment officer pursuant to the Nebraska Capital Expansion Act and theNebraska State Funds Investment Act. SourceLaws 1971, LB 929, § 9; Laws 1972, LB 1485, § 1; Laws 2000, LB 994, § 10; Laws 2006, LB 746, § 8; Laws 2009, First Spec. Sess., LB3, § 76.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.