Nebraska Statutes 81-12,114. Innovation Hub Cash Fund; created; use; investment
Current as of: 2023 | Check for updates
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(1) The Innovation Hub Cash Fund is created. The fund shall be administered by the department and shall consist of application fees received under section 81-12,110, funds transferred by the Legislature, and any other money as determined by the Legislature.
Terms Used In Nebraska Statutes 81-12,114
- 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
(2) The fund shall be used by the department for purposes of carrying out the Nebraska Innovation Hub 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.