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Sen. Boson seeks to move Financial Fraud Victims Fund administration to State Patrol
Summary
Sen. Carolyn Boson told the Judiciary Committee LB 788 is a technical cleanup to transfer administration of the Financial Fraud Victims Fund from the Attorney General to the Nebraska State Patrol, which she said is authorized and experienced in managing forfeited assets.
Sen. Carolyn Boson described LB 788 as a statutory cleanup to transfer administration of the Financial Fraud Victims Fund from the Attorney General’s Office to the Nebraska State Patrol.
Boson said last year’s bill (LB 559) unintentionally named the Attorney General as the fund’s administrator, and that the State Patrol already has authority and experience managing forfeited assets. She told the committee the oversight issue had been resolved administratively and that she did not expect a fiscal impact.
No proponents or opponents offered extended testimony and the sponsor waived closing.
