Nebraska Revised Statutes
Chapter 61 - Natural Resources
61-405 - Jobs and Economic Development Initiative Fund; created; use; investment; studies required.

61-405. Jobs and Economic Development Initiative Fund; created; use; investment; studies required.
(1) The Jobs and Economic Development Initiative Fund is created. The fund shall be administered by the Department of Natural Resources. The State Treasurer shall credit to the fund any money transferred to the fund by the Legislature and such donations, gifts, bequests, or other money received from any federal or state agency or public or private source. The fund shall be used for water and recreational projects pursuant to the Jobs and Economic Development Initiative Act. 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. Any investment earnings from investment of money in the fund shall be credited to the fund.
(2) An amount, not to exceed twenty million dollars, shall be available for site selection costs, feasibility and public water supply studies, and flood mitigation costs of the Department of Natural Resources related to any projects pursuant to the Jobs and Economic Development Initiative Act. The Department of Natural Resources shall, in cooperation with impacted communities, including, but not limited to, any city of the primary class and metropolitan utilities district, contract with an independent consultant to conduct a study on the consequences of any lake located in the Lower Platte River Basin to the public water supply of such communities. Such study shall consider all aspects of water quality, water quantity, and water infrastructure, and any other issues necessary to protect the public water supply, including the impact to future water supply opportunities to the impacted communities.
(3) No funds shall be expended for any project, other than those enumerated in subsection (2) of this section, from the Jobs and Economic Development Initiative Fund unless the Director of Natural Resources certifies to the budget administrator of the budget division of the Department of Administrative Services that the Department of Natural Resources has conducted any environmental, hydrological, or other feasibility studies the director deems necessary to establish the feasibility of any projects pursuant to the Jobs and Economic Development Initiative Act and that, based on the results of such studies, the director has deemed the projects feasible.
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.