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NE LB59
Bill
AI Summary
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Natural resources districts may now disburse funds through electronic payment systems, including electronic funds transfers and automated clearinghouse transfers, in addition to traditional checks, drafts, and warrants
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Written authorization for any person signing on behalf of the treasurer must be filed with the district secretary
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Corporate surety bonds are required when the treasurer's bond does not cover losses from fraudulent, illegal, negligent, or unauthorized acts by persons authorized to sign on the treasurer's behalf
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The district secretary must report to the board at each meeting any bonds filed or changes in bond status since the previous meeting
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Approved by the Governor on March 11, 2025; introduced by Senators Sanders (District 45) and Brandt (District 32)
Legislative Description
Provide for the disbursement of funds of a natural resources district by electronic payment systems
Last Action
Approved by Governor on March 11, 2025
3/12/2025