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NE LB1210

Bill

Status

Introduced

1/21/2026

Primary Sponsor

Robert Clements

Click for details

Origin

Legislature

109th Legislature

AI Summary

  • Eliminates an obsolete $10 million transfer provision from the Cash Reserve Fund to the School Safety and Security Fund that was completed after September 2, 2023.

  • Amends Section 84-612 of the Revised Statutes Supplement, 2025, removing the completed transfer language while renumbering subsequent subsections.

  • Retains all other Cash Reserve Fund transfer provisions, including transfers to the General Fund, Nebraska Capital Construction Fund, Governor's Emergency Cash Fund, and other designated funds.

  • Maintains the $500 million minimum balance requirement for Cash Reserve Fund transfers related to the Nebraska Property Tax Incentive Act.

Legislative Description

Eliminate an obsolete transfer relating to the Cash Reserve Fund

Last Action

Clements AM2640 filed

3/12/2026

Committee Referrals

Appropriations1/23/2026

Full Bill Text

No bill text available