81-1558. Nebraska Litter Reduction and Recycling Fund; created; use; investment.
188 words·~1 min read·
/ne/chapter-81/81-1558A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
There is hereby created within the state treasury a fund to be known as the Nebraska Litter Reduction and Recycling Fund. The proceeds of the fee imposed by sections 81-1559 to 81-1560.02 , money received by the department as gifts, donations, or contributions toward the goals stated in section 81-1535 , and money received by the department for nonprofit activities concerning litter reduction and recycling, including, but not limited to, honoraria, literature furnished by the department, and funds realized as reimbursement for expenses in conducting educational forums, shall be remitted to the State Treasurer for credit to such fund to be used for the administration and enforcement of the Nebraska Litter Reduction and Recycling Act.
Transfers may be made from the fund to the General Fund at the direction of the Legislature. Any money in the Nebraska Litter Reduction and Recycling 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. Beginning October 1, 2024, any investment earnings from investment of money in the fund shall be credited to the General Fund.