Fraud reimbursement fund administration updated

Lawmakers passed a bill April 9 that updates administration of the Financial Fraud Victims’ Reimbursement Fund.

LB788, introduced by Lincoln Sen. Carolyn Bosn, transfers administration of the fund from the attorney general to the Nebraska State Patrol. The fund uses forfeited assets from financial crimes to compensate qualified victims.

The bill passed on a 48-0 vote.