Nebraska Statutes 37-1003. Trail Development Assistance Fund; created; use; investment
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The Trail Development Assistance Fund is hereby created. The fund shall consist of any direct appropriation by the Legislature and any funds received as gifts, bequests, or other contributions to such fund from public or private entities. The fund shall be administered by the Game and Parks Commission and shall be used to assist in the purchase, development, and maintenance of recreational trails within the state. 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.
Source
- Laws 1991, LB 714, § 3;
- Laws 1994, LB 1066, § 24;
- R.S.Supp.,1996, § 37-1503;
- Laws 1998, LB 922, § 378.
- Termination Date: January 1, 2010
Terms Used In Nebraska Statutes 37-1003
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- State: when applied to different states of the United States shall be construed to extend to and include the District of Columbia and the several territories organized by Congress. See Nebraska Statutes 49-801