79-1320 State Educational Telecommunications Fund; created; use; investment. - Nebraska Statutes

79-1320. State EducationalTelecommunications Fund; created; use; investment.TheState Educational Telecommunications Fund is created. The fund shall be usedby the Nebraska Educational Telecommunications Commission for the purposesof carrying out the provisions of the Nebraska Educational TelecommunicationsAct, except that transfersmay be made from the fund to the General Fund at the direction of the Legislature. The State Educational Telecommunications Fund shallconsist of such sums as the Legislature may appropriate. Any money in thefund available for investment shall be invested by the state investment officerpursuant to the Nebraska Capital Expansion Act and the Nebraska State FundsInvestment Act. SourceLaws 1963, c. 467, § 1, p. 1496; Laws 1969, c. 584, § 91, p. 2402; Laws 1984, LB 645, § 8; Laws 1995, LB 7, § 92; R.S.Supp.,1995, § 79-2107; Laws 1996, LB 900, § 976; Laws 2009, First Spec. Sess., LB3, § 60.Effective Date: November 21, 2009 Cross ReferencesNebraska Capital Expansion Act, see section 72-1269.Nebraska State Funds Investment Act, see section 72-1260.