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Code · Nebraska · Chapter 39 — Highways and Bridges

39-2908. Infrastructure Development Investment Program Fund; authorized uses.

78 words·~1 min read·/ne/chapter-39/39-2908

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Subject to applicable federal and state law, money in the Infrastructure Development Investment Program Fund may be used to:
(1)Provide any financial assistance to any eligible entity for any eligible project;
(2)Establish reserves, capitalized interest, credit enhancement, and pooled financing structures that strengthen the credit capacity of the investment program;
(3)Pay reasonable administrative costs of the investment program, including portfolio monitoring and collection; and
(4)Refinance or obtain interim financing used for any eligible cost.
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