§201-12.8 - Energy security special fund; uses.
[§201-12.8] Energy security special fund; uses. (a) There is created within the state treasury an energy security special fund, which shall consist of:
(1) Moneys appropriated to the fund by the legislature;
(2) All interest attributable to investment of money deposited in the fund; and
(3) Moneys allotted to the fund from other sources.
(b) Moneys from the fund shall be expended by the department of business, economic development, and tourism for the following purposes and shall be used for no other purposes except for those set forth in this section:
(1) To support its energy program, including projects that ensure dependable, efficient, and economical energy, promote energy self-sufficiency, and provide greater energy security for the State; and
(2) To fund the renewable energy facilitator pursuant to section 201-12.5 and any other positions necessary for the purposes of paragraph (1) as determined by the legislature. [L 2008, c 208, §3]