Nebraska § 77-1428 - College Savings Incentive Cash Fund; created; use; investment.
Full text of Nebraska Revised Statutes of Nebraska § 77-1428 — College Savings Incentive Cash Fund; created; use; investment., with citation guidance and answers to common questions.
§ 77-1428. College Savings Incentive Cash Fund; created; use; investment.
(1) The College Savings Incentive Cash Fund is created. The fund shall be administered by the State Treasurer and shall be used to provide incentive payments under the Employer Matching Contribution Incentive Program established in section 77-1429 and to provide matching scholarships under the College Savings Plan Low-Income Matching Scholarship Program established in section 77-1430. The State Treasurer shall accept contributions from any private individual or private entity and shall credit all such contributions received to the College Savings Incentive Cash Fund for the purpose of providing an ongoing source of funding for the College Savings Plan Low-Income Matching Scholarship Program. The matching contributions for which incentive payments are made under the Employer Matching Contribution Incentive Program and the matching scholarships provided under the College Savings Plan Low-Income Matching Scholarship Program shall not be used to pay expenses associated with attending kindergarten through grade twelve.
(2) The College Savings Incentive Cash Fund shall not be considered an asset of the Nebraska educational savings plan trust.
(3) 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: official Nebraska text · Last verified 2026-08-27
Frequently Asked Questions About Nebraska § 77-1428
What does Revised Statutes of Nebraska § 77-1428 cover?
Section 77-1428 ("College Savings Incentive Cash Fund; created; use; investment.") is part of the Revised Statutes of Nebraska, the codified statutory law of Nebraska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nebraska § 77-1428?
A common citation format is "Revised Statutes of Nebraska § 77-1428" (Nebraska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nebraska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nebraska official source linked on this page or consult a licensed Nebraska attorney.
How does Nebraska § 77-1428 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nebraska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nebraska.