Nebraska LB393 would eliminate obsolete transfers from the Cash Reserve Fund.
Nebraska LB393 proposes to amend the Reissue Revised Statutes of Nebraska by eliminating obsolete provisions related to the Cash Reserve Fund. The bill seeks to repeal the original section 84-612 and replace it with updated language that removes outdated transfer directives. The Cash Reserve Fund, managed by the State Treasurer, will no longer be subject to certain specified transfers that are no longer applicable.
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