19-6-807 - Special revenue fund -- Creation -- Deposits.
19-6-807. Special revenue fund -- Creation -- Deposits.
(1) There is created a restricted special revenue fund entitled the "Waste Tire RecyclingFund."
(2) The fund shall consist of:
(a) the proceeds of the fee imposed under Section 19-6-805;
(b) penalties collected under this part; and
(c) assets transferred to and loan repayments deposited in the fund pursuant to Section19-6-824.
(3) Money in the fund shall be used for:
(a) partial reimbursement of the costs of transporting, processing, recycling, or disposingof waste tires as provided in this part;
(b) payment of administrative costs of local health departments as provided in Section19-6-817;
(c) payment of costs incurred by the Division of Finance in accounting for and trackingoutstanding loans made under the Waste Tire Recycling Industrial Assistance Loan Program; and
(d) payment of costs incurred by the Governor's Office of Economic Development incollecting outstanding loans made under the Waste Tire Recycling Industrial Assistance LoanProgram.
(4) The Legislature may appropriate money from the fund to pay for costs of theDepartment of Environmental Quality in administering and enforcing this part.
Amended by Chapter 148, 2005 General Session