80-401. Nebraska Veterans' Aid Fund; Veterans' Aid Income Fund; created; purpose; investment; management.
(1) There is hereby established a fund to be known as the Nebraska Veterans' Aid Fund. The Nebraska Investment Council is directed to purchase bonds or notes issued by the government of the United States or the State of Nebraska, or any county, school district, or municipality therein, with a face value of twelve million dollars, as of August 1, 1984, to carry out sections 80-401 to 80-405 and to place them in the custody and control of the State Treasurer of the State of Nebraska under the same conditions as other state money.
(2) Such fund shall be managed as follows: (a) When necessary to pay a premium for bonds for such fund, the amount of the premium shall be amortized over the term of the bonds from the interest received on such bonds; and (b) when bonds for such fund are purchased at a discount, the amount of the discount shall be used to purchase additional bonds, it being contemplated that the face amount of the bonds in such fund may in this manner aggregate in excess of twelve million dollars at some future time.
(3) The interest on the Nebraska Veterans' Aid Fund, except so much as may be required for amortization of premium bond purchases as authorized in this section and so much as may be required to pay a pro rata share of the budget appropriated for the Nebraska Investment Council pursuant to section 72-1249.02, shall be paid to the Veterans' Aid Income Fund, which fund is hereby created. The Veterans' Aid Income Fund, when appropriated by the Legislature, shall be available to the Director of Veterans' Affairs for aid to needy veterans as authorized by law.
(4) The Nebraska Investment Council shall manage the Nebraska Veterans' Aid Fund, with investment and reinvestment to be made in the same type securities authorized for investment of funds by the Nebraska Capital Expansion Act and the Nebraska State Funds Investment Act.
(5) The director shall advise the Nebraska Investment Council when amounts in the Veterans' Aid Income Fund are not immediately required for aid to needy veterans. The state investment officer shall invest such amounts available from the Veterans' Aid Income Fund in the same manner as investments of the Nebraska Veterans' Aid Fund, and the interest thereon shall also become a part of the Veterans' Aid Income Fund.
Source
Cross References
Structure Nebraska Revised Statutes
Chapter 80 - Servicemembers and Veterans
80-102.01 - County veterans service committee; acceptance of gifts, devises, and bequests.
80-103 - County veterans service committee; members; removal from office; filling of vacancy.
80-105 - Veterans; graves; headstones.
80-106 - Veterans; burial expenses; payment.
80-107 - Veterans graves, markers; furnish, when.
80-108 - Veterans graves; petition for markers.
80-201 - Memorials; authority to erect.
80-202 - Memorials; erection; plans; publication; tax authorized; limitation.
80-203 - Memorials; ordinance to erect; referendum; effect.
80-204 - Memorial; erection; initiative petition; effect.
80-205 - Elections; laws governing.
80-206 - POW/MIA flag; display; when; conditions.
80-301 - Transferred to section 80-315.
80-301.02 - Transferred to section 80-326.
80-302 - Transferred to section 80-317.
80-304 - Transferred to section 80-314.
80-304.01 - Transferred to section 80-327.
80-305 - Transferred to section 80-318.
80-306 - Transferred to section 80-319.
80-307 - Transferred to section 80-320.
80-308 - Transferred to section 80-321.
80-309 - Transferred to section 80-331.
80-311 - Transferred to section 80-328.
80-312 - Transferred to section 80-329.
80-313 - Transferred to section 80-330.
80-314 - Veterans homes; director; duties; rules and regulations.
80-315 - Nebraska veterans homes; establishment.
80-316 - Veterans homes; purpose; admission; requirements.
80-317 - Nebraska veterans homes; Veterans' Homes Board; rules of membership; application.
80-318 - Veterans' Homes Board; members; appointment; compensation; expenses.
80-319 - Veterans' Homes Board; duties; powers; meetings.
80-320 - Director; rules and regulations.
80-321 - Member; payment for care; public expense.
80-322 - Reimbursement of costs.
80-322.01 - Department of Veterans' Affairs Cash Fund; created; investment.
80-325 - Administrator of Nebraska veterans homes; qualifications.
80-326 - Veterans' Home Building Fund; created; purposes; investment.
80-329 - County board; lease or sell property for use as a veterans home; terms.
80-330 - Property used as a veterans home; utility service; state provide; how compensated.
80-331 - Norfolk Veterans' Home.
80-333 - Contracts and other documents; how treated.
80-334 - Existing suits and proceedings; how treated.
80-336 - Property; funds; appropriations; effect of transfer.
80-401.03 - Director; duties; assistants; state service office.
80-401.04 - Department of Veterans' Affairs; jurisdiction; State Department of Education; functions.
80-401.06 - Veterans' Advisory Commission; members; appointment; qualifications.
80-401.07 - Veterans' Advisory Commission; members; tenure of office.
80-401.08 - Veterans' Advisory Commission; members; chairperson; expenses.
80-401.09 - Veterans' Advisory Commission; duties; meetings.
80-401.10 - Director; seal; adopt; rules and regulations; fiscal year.
80-401.11 - Department of Veterans' Affairs; offices; employees.
80-402 - Veterans aid; conscientious objectors denied relief.
80-403 - Veterans relief; persons eligible; disbursements.
80-404 - Gifts, power to accept; property, exemption from tax.
80-404.04 - Commissioner of Education; federal funds; disbursement.
80-405 - Veterans relief; obtaining by fraud; penalty.
80-406 - County service committee; members; appointment.
80-408 - County veterans service officer; officers and employees; oath; bond.
80-409 - County service committee; offices; tax; levy.
80-412 - Graves; Director of Veterans' Affairs; permanent registry.
80-413 - Land used for veterans services; retrocession of jurisdiction.
80-415 - Veterans Employment Program Fund; created; use; investment.
80-416 - Adoption of pet animal; financial support for veterans; program; administration.
80-417 - Pets for Vets Cash Fund; created; use; investment.
80-603 - Veterans; mentally ill; jurisdiction of courts.
80-604 - Veterans; mentally ill; order of commitment by court of another state; effect.
80-605 - Veterans; mentally ill; commitment; transfer; procedure.
80-606 - Department of Health and Human Services; hospitals of federal government; lack of control.
80-901 - Member of Active Selected Reserve; tuition credit; amount; duration.