Nebraska Revised Statutes
Chapter 61 - Natural Resources
61-222 - Water Sustainability Fund; created; use; investment.

61-222. Water Sustainability Fund; created; use; investment.
The Water Sustainability Fund is created in the Department of Natural Resources. The fund shall be used in accordance with the provisions established in sections 2-1506 to 2-1513 and for costs directly related to the administration of the fund. The Legislature shall not appropriate or transfer money from the Water Sustainability Fund for any other purpose, except that transfers may be made from the Water Sustainability Fund to the Department of Natural Resources Cash Fund and as a one-time transfer to the General Fund as described in this section.
The Water Sustainability Fund shall consist of money transferred to the fund by the Legislature, other funds as appropriated by the Legislature, and money donated as gifts, bequests, or other contributions from public or private entities. Funds made available by any department or agency of the United States may also be credited to the fund if so directed by such department or agency. 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. Investment earnings from investment of money in the fund shall be credited to the fund.
It is the intent of the Legislature that twenty-one million dollars be transferred from the General Fund to the Water Sustainability Fund in fiscal year 2014-15 and that eleven million dollars be transferred from the General Fund to the Water Sustainability Fund each fiscal year beginning in fiscal year 2015-16.
The State Treasurer shall transfer one hundred seventy-five thousand dollars from the Water Sustainability Fund to the Department of Natural Resources Cash Fund on or before June 30, 2021, on such dates and in such amounts as directed by the budget administrator of the budget division of the Department of Administrative Services.
The State Treasurer shall transfer four hundred twenty-five thousand dollars from the Water Sustainability Fund to the Department of Natural Resources Cash Fund on or before June 30, 2021, on such dates and in such amounts as directed by the budget administrator of the budget division of the Department of Administrative Services.
The State Treasurer shall transfer five hundred thousand dollars from the Water Sustainability Fund to the General Fund on or before June 30, 2021, on such dates and in such amounts as directed by the budget administrator of the budget division of the Department of Administrative Services.
The State Treasurer shall transfer four hundred seventy-five thousand dollars from the Water Sustainability Fund to the Department of Natural Resources Cash Fund on or before June 30, 2022, on such dates and in such amounts as directed by the budget administrator of the budget division of the Department of Administrative Services.
The State Treasurer shall transfer four hundred seventy-five thousand dollars from the Water Sustainability Fund to the Department of Natural Resources Cash Fund on or before June 30, 2023, on such dates and in such amounts as directed by the budget administrator of the budget division of the Department of Administrative Services.
Source

Cross References

Structure Nebraska Revised Statutes

Nebraska Revised Statutes

Chapter 61 - Natural Resources

61-101 - Transferred to section 25-21,270.

61-102 - Transferred to section 25-21,271.

61-103 - Transferred to section 25-21,272.

61-104 - Transferred to section 25-21,273.

61-105 - Transferred to section 23-1313.

61-201 - Director of Natural Resources; qualifications.

61-202 - Director of Natural Resources; employment of personnel.

61-203 - Director of Natural Resources; seal; certified copies of records; admissibility as evidence.

61-204 - Department of Natural Resources; rules and regulations.

61-205 - Department of Natural Resources; general grant of authority.

61-206 - Department of Natural Resources; jurisdiction; rules and regulations; hearings; orders; powers and duties.

61-207 - Department of Natural Resources; decisions; appeal; time; procedure.

61-208 - Department of Natural Resources; powers; survey of streams.

61-209 - Department of Natural Resources; powers; water data collection; fee.

61-210 - Department of Natural Resources Cash Fund; created; use; investment.

61-211 - Department of Natural Resources; powers; measuring devices; gauge height reports; requirements; violation; penalty.

61-212 - Water divisions; denomination.

61-213 - Water division No. 1; boundaries.

61-214 - Water division No. 2; boundaries.

61-215 - Water divisions; division supervisors.

61-216 - Water divisions; division supervisors; duties.

61-218 - Water Resources Cash Fund; created; use; investment; eligibility for funding; annual report; contents; Nebraska Environmental Trust Fund; grant application; use of funds; legislative intent; department; establish subaccount.

61-222 - Water Sustainability Fund; created; use; investment.

61-223 - Water Sustainability Fund; legislative intent.

61-224 - Critical Infrastructure Facilities Cash Fund; created; use; investment; transfers.

61-225 - State flood mitigation plan; legislative findings.

61-226 - State flood mitigation plan; scope.

61-227 - State flood mitigation plan; plan development group; engage federal, state, and local agencies and other sources.

61-228 - State flood mitigation plan; department; duties.

61-229 - State flood mitigation plan; report.

61-301 - Act, how cited.

61-302 - Legislative findings and declarations.

61-303 - Department of Natural Resources; powers and duties.

61-304 - Conflict of interest, prohibited.

61-305 - Perkins County Canal Project Fund; created; use; investment; study; required.

61-401 - Act, how cited.

61-402 - Legislative findings and declarations.

61-403 - Department of Natural Resources; powers and duties; legislative intent; contract proposals; selection of land; conflict-of-interest provisions.

61-404 - Annexation prohibited.

61-405 - Jobs and Economic Development Initiative Fund; created; use; investment; studies required.