NOTICE is hereby given that the Nebraska Investment Council will hold a rule-making hearing pursuant to Neb. Rev. Stat. 72-1261 through 72-1269 on the 19th day of November, 2019 at 10:00 A.M. to be held at 1526 K Street, Lincoln NE, 4th floor Conference Room 4-C.
The purpose of this hearing is to take testimony and evidence on the amendment of Chapter 1 of the Nebraska Administrative Code Title 213 Entitled “Procedures for Distribution of Funds To Banks, Capital Stock Financial Institutions, and Qualifying Mutual Financial Institutions.” This action is proposed to implement Neb. Rev. Stat 72-1261 through 72-1269 consistent with the authority granted by law and with constitutionality. The subject matter and scope of the rule-making action is:
To amend the rules and regulations to reflect changes to Neb. Rev. Stat. 72-1261 through 72-1269. The amendment also eliminates the CD rate from the Monthly Interest Rate calculation.
Draft or working copies of the proposed rule are available at the offices of the Secretary of State, Regulations Divisions, 1201 N Street, Suite 120, Lincoln, NE 68508. The description of the fiscal impact may be inspected or obtained at the Nebraska Investment Council offices located at 1526 K Street Suite 420, Lincoln, NE 68508 or on the Council’s website at https://nic.nebraska.gov/.
All interested persons are invited to attend and testify orally or by written submission at the hearing. Interested persons may also submit written comments prior to the hearing which will be made part of the hearing record if obtained by the Nebraska Investment Council on or before the time of the hearing on November 19, 2019. If auxiliary aids or reasonable accommodations are needed to participate in the hearing, please call the Nebraska Investment Council at 402-471-2147.