Nebraska legislation · 109th Legislature
Nebraska LB393: Eliminate obsolete transfers relating to the Cash Reserve Fund
Status: Failed, April 17, 2026
What the bill says
A bill FOR AN ACT relating to the Cash Reserve Fund; to amend section 84-612, Reissue Revised Statutes of Nebraska; to eliminate obsolete provisions; and to repeal the original section.
From the introduced text:
A BILL FOR AN ACT relating to the Cash Reserve Fund; to amend section 84-612, Reissue Revised Statutes of Nebraska; to eliminate obsolete provisions; and to repeal the original section. Be it enacted by the people of the State of Nebraska, LB393 LB393 2025 2025 Section 1. Section 84-612, Reissue Revised Statutes of Nebraska, is amended to read: 84-612 (1) There is hereby created within the state treasury a fund known as the Cash Reserve Fund which shall be under the direction of the State Treasurer. The fund shall only be used pursuant to this section. (2) The State Treasurer shall transfer funds from the Cash Reserve Fund to the General Fund upon certification by the Director of Administrative Services that the current cash balance in the General Fund is inadequate to meet current obligations. Such certification shall include the dollar amount to be transferred. Any transfers made pursuant to this subsection shall be reversed upon notification by the Director of Administrative Services that sufficient funds are available. (3) In addition to receiving transfers from other funds, the Cash Reserve Fund shall receive federal funds received by the State of Nebraska for undesignated general government purposes, federal revenue sharing, or general fiscal relief of the state. (4) The State Treasurer shall transfer fifteen million eight hundred forty-one thousand dollars from …
Sponsors
- Robert Clements (NP, 2) · primary sponsor
Latest actions
- : Indefinitely postponed
- : Title printed. Carryover bill
- : Appropriations priority bill
- : Notice of hearing for March 12, 2025
- : Referred to Appropriations Committee
- : Date of introduction
Common questions
- What is LB393?
- LB393 is a bill in the Nebraska Legislature (109th Legislature): Eliminate obsolete transfers relating to the Cash Reserve Fund.
- What does LB393 do?
- In its own words: A bill FOR AN ACT relating to the Cash Reserve Fund; to amend section 84-612, Reissue Revised Statutes of Nebraska; to eliminate obsolete provisions; and to repeal the original section.
- What is the status of LB393?
- Failed as of April 17, 2026. Latest action: Indefinitely postponed (April 17, 2026).
- Who sponsored LB393?
- Robert Clements (NP, 2).
- Where is the official record for LB393?
- On the Nebraska Legislature website: https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59642
Source: official Nebraska record. Tracked by Delilah, AI for legislation across all 50 states and Congress.