71-6228 Nebraska Regulation of Health Professions Fund; created; use; investment. - Nebraska Statutes

71-6228. Nebraska Regulation of Health Professions Fund; created; use; investment.The Nebraska Regulation of Health Professions Fund is hereby created. All money in the fund shall be used exclusively for the operation and administration of the Nebraska Regulation of Health Professions Act. The director shall annually determine the percent of all fees collected during that year pursuant to the licensing or regulation of regulated health professions to be credited to the fund, except that such percentage shall not be greater than five percent. 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. SourceLaws 1985, LB 407, § 28; Laws 1988, LB 384, § 13; Laws 1995, LB 7, § 81; Laws 1996, LB 1044, § 760; Laws 1999, LB 828, § 175. Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.