NRS 408.270 - Vouchers for payment; temporary transfer of money from State General Fund to State Highway Fund.

NV Rev Stat § 408.270 (2019) (N/A)

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1. At least once each month the Director shall file with the State Controller a certificate showing the number and amount of vouchers filed with the division engineer of the Federal Highway Administration having jurisdiction over highway construction in the State of Nevada, for payment out of the apportionment made to the state under appropriations made by Congress for aid to the various states for highway purposes.

2. Whenever claims payable out of the State Highway Fund and properly approved by the State Board of Examiners exceed the amount that is available in the State Highway Fund, the State Controller may transfer temporarily from the State General Fund to the State Highway Fund such amount as may be required to pay the claims, but not more than 50 percent of the amount collectible from the Government of the United States as shown by the vouchers mentioned in subsection 1.

(Added to NRS by 1957, 672; A 1965, 1076; 1979, 1769; 1987, 717)

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NRS 408.265 - Federal money deposited in State Highway Fund. [Effective on the date on which the Director of the Department of Transportation notifies the Governor and the Director of the Legislative Counsel Bureau that sufficient money is available to capitalize and carry out the business of the Nevada State Infrastructure Bank created by NRS 408.55069.]

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NRS 408.271 - Department may expend money to conduct studies and match federal money for capital acquisitions.