71-5328.

Lead Service Line Cash Fund; created; use; investment.

The Lead Service Line Cash Fund is created. The fund shall be administered by the Department of Environment and Energy. The fund shall consist of funds transferred by the Legislature. The fund shall be used for grants to utilities districts to expedite the replacement of homeowner-owned lead service lines. 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.