10-4-301. Establishment of emergency telecommunications accounts.
10-4-301. Establishment of emergency telecommunications accounts. (1) There are established in the state special revenue fund in the state treasury:
(a) an account for all fees collected for basic 9-1-1 services pursuant to 10-4-201(1)(a);
(b) an account for all fees collected for enhanced 9-1-1 services pursuant to 10-4-201(1)(b); and
(c) an account for all fees collected for wireless enhanced 9-1-1 services pursuant to 10-4-201(1)(c). The money is allocated as follows:
(i) 50% of the account must be deposited in an account for distribution to the 9-1-1 jurisdictions; and
(ii) 50% of the account must be deposited in an account for distribution to wireless providers.
(2) All money received by the department of revenue pursuant to 10-4-201 must be paid to the state treasurer for deposit in the appropriate account. An amount equal to 2.74% of the money received pursuant to 10-4-201 must be deposited in an account in the state special revenue fund to be used for the administration of this chapter. Any remaining funds at the end of a fiscal year must be equally distributed to each of the four accounts provided for in subsection (1).
(3) The accounts established in subsection (1) retain interest earned from the investment of money in the accounts.
(4) After payment of refunds pursuant to 10-4-205, the balance of the respective accounts must be used for the purposes described in part 1 of this chapter.
(5) The distribution of funds in the 9-1-1 emergency telecommunications accounts described in subsection (1), as required by 10-4-302, 10-4-311, and 10-4-313, is statutorily appropriated, as provided in 17-7-502, to the department.
(6) Expenditures for actual and necessary expenses required for the efficient administration of the plan must be made from appropriations made for that purpose.
History: En. Sec. 16, Ch. 635, L. 1985; amd. Sec. 2, Ch. 628, L. 1989; amd. Sec. 47, Ch. 42, L. 1997; amd. Sec. 5, Ch. 422, L. 1997; amd. Sec. 11, Ch. 448, L. 1997; amd. Sec. 5, Ch. 389, L. 1999; amd. Sec. 1, Ch. 41, L. 2001; amd. Sec. 6, Ch. 304, L. 2007; amd. Sec. 1, Ch. 110, L. 2009.