Nebraska LB 997: Require the State Department of Education to establish criteria for salary supplements for child care and early education providers
Status: Indefinitely postponed (as of 2024-04-18)
State: Nebraska · Session: 108 · Bill: LB 997
Sponsors: Ibach
Bill Text
LEGISLATURE OF NEBRASKA ONE HUNDRED EIGHTH LEGISLATURE SECOND SESSION LEGISLATIVE BILL 997 Introduced by Ibach, 44; Bostar, 29. Read first time January 05, 2024 Committee: Education A BILL FOR AN ACT relating to child care funding; to amend section1 84-612, Revised Statutes Supplement, 2023; to create a fund; to2 provide duties for the State Department of Education and the3 Department of Health and Human Services; to provide for a transfer4 from the Cash Reserve Fund; to repeal the original section; and to5 declare an emergency.6 Be it enacted by the people of the State of Nebraska,7 LB997 2024 LB997 2024 -1- Section 1. There is hereby created the Child Care Wages Fund to be1 administered by the State Department of Education. The fund shall be used2 to contract with a statewide organization in accordance with section 2 of3 this act for the purpose of state aid. It is the intent of the4 Legislature that a one-time transfer of two million dollars from the Cash5 Reserve Fund be used to establish the Child Care Wages Fund. Any money in6 the Child Care Wages Fund available for investment shall be invested by7 the state investment officer pursuant to the Nebraska Capital Expansion8 Act and the Nebraska State Funds Investment Act.9 Sec. 2. The State Department of Education shall establish10 procedures and criteria for purposes of distributions from the Child Care11 Wages Fund to the Child Care WAGE$ Nebraska program to be used for12 providing salary supplements to child care and early education providers13 working with children five years of age or younger in child care programs14 licensed pursuant to sections 71-1908 to 71-1923. It is the intent of the15 Legislature that the supplements be expended by June 30, 2027.16 Sec. 3. Section 84-612, Revised Statutes Supplement, 2023, is17 amended to read:18 84-612 (1) There is hereby created within the state treasury a fund19 known as the Cash Reserve Fund which shall be under the direction of the20 State Treasurer. The fund shall only be used pursuant to this section.21 (2) The State Treasurer shall transfer funds from the Cash Reserve22 Fund to the General Fund upon certification by the Director of23 Administrative Services that the current cash balance in the General Fund24 is inadequate to meet current obligations. Such certification shall25 include the dollar amount to be transferred. Any transfers made pursuant26 to this subsection shall be reversed upon notification by the Director of27 Administrative Services that sufficient funds are available.28 (3) In addition to receiving transfers from other funds, the Cash29 Reserve Fund shall receive federal funds received by the State of30 Nebraska for undesignated general government purposes, federal revenue31 LB997 2024 LB997 2024 -2- sharing, or general fiscal relief of the state.1 (4) The State Treasurer shall transfer two million dollars from the2 Governor's Emergency Cash Fund to the Cash Reserve Fund on or before June3 30, 2024, on such dates and in such amounts as directed by the budget4 administrator of the budget division of the Department of Administrative5 Services.6 (5) The State Treasurer shall transfer two hundred sixteen million7 one hundred twenty thousand dollars from the Cash Reserve Fund to the8 Nebraska Capital Construction Fund on or after July 1, 2022, but before9 June 15, 2023, on such dates and in such amounts as directed by the10 budget administrator of the budget division of the Department of11 Administrative Services.12 (6) The State Treasurer shall transfer one hundred eighty-two13 million six hundred twenty-three thousand eight hundred twenty-five14 dollars from the Cash Reserve Fund to the Nebraska Capital Construction15 Fund on or after July 1, 2023, but before June 30, 2024, on such dates16 and in such amounts as directed by the budget administrator of the budget17 division of the Department of Administrative Services.18 (7) The State Treasurer shall transfer fifty-three million five19 hundred thousand dollars from the Cash Reserve Fund to the Perkins County20 Canal Project Fund on or before June 30, 2023, on such dates and in such21 amounts as directed by the budget administrator of the budget division of22 the Department of Administrative Services.23 (8) No funds shall be transferred from the Cash Reserve Fund to24 fulfill the obligations created under the Nebraska Property Tax Incentive25 Act unless the balance in the Cash Reserve Fund after such transfer will26 be at least equal to five hundred million dollars.27 (9) The State Treasurer shall transfer thirty million dollars from28 the Cash Reserve Fund to the Military Base Development and Support Fund29 on or before June 30, 2023, but not before July 1, 2022, on such dates30 and in such amounts as directed by the budget administrator of the budget31 LB997 2024 LB997 2024 -3- division of the Department of Administrative Services.1 (10) The State Treasurer shall transfer eight million three hundred2 thousand dollars from the Cash Res
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