Bill > LB59

This bill modifies the existing law regarding how natural resources districts can disburse their funds by expanding payment methods to explicitly include electronic payment systems. Specifically, the bill allows districts to pay out funds not just by traditional paper checks, but also through electronic funds transfers and automated clearinghouse transfers. The legislation maintains existing requirements that such payments must be authorized by the board of directors and requires the treasurer to provide written authorization for any other individuals who might sign payments on their behalf. Additionally, the bill preserves the existing provision that if the treasurer's bond does not protect against potential fraudulent or unauthorized acts, a separate corporate surety bond must be obtained and filed with the district secretary. The bill ultimately updates the statutory language to reflect modern financial practices by formally recognizing electronic payment methods while maintaining oversight and financial protection mechanisms for the district.

Agriculture and Natural Resources, Military Affairs and Security

https://nebraskalegislature.gov/bills/view_bill.php?DocumentID=59071