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2021 Utah Code
Title 40 - Mines and Mining
Chapter 6 - Board and Division of Oil, Gas, and Mining
Section 23 - Division of Oil, Gas, and Mining Restricted Account.
Universal Citation:
UT Code § 40-6-23 (2021)
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Effective 5/5/2021
40-6-23. Division of Oil, Gas, and Mining Restricted Account.
Enacted by Chapter 401, 2021 General Session
40-6-23. Division of Oil, Gas, and Mining Restricted Account.
- (1) As used in this section:
- (a) "Account" means the Division of Oil, Gas, and Mining Restricted Account created by this section.
- (b) "Division" means the Division of Oil, Gas, and Mining.
- (2)
- (a) There is created a restricted account within the General Fund known as the "Division of Oil, Gas, and Mining Restricted Account."
- (b) The account consists of:
- (i) deposits to the account made under Section 51-9-306;
- (ii) appropriations of the Legislature; and
- (iii) interest and other earnings described in Subsection (2)(c).
- (c) The Office of the Treasurer shall deposit interest and other earnings derived from investment of money in the account into the account.
- (3)
- (a) Upon appropriation by the Legislature, the division shall use money from the account to pay the costs of programs or projects administered by the division.
- (b) An appropriation provided for under this section is not intended to replace the following that is otherwise allocated for the programs or projects described in Subsection (3)(a):
- (i) federal money; or
- (ii) a dedicated credit.
- (4) Appropriations made in accordance with this section are nonlapsing in accordance with Section 63J-1-602.1.
Enacted by Chapter 401, 2021 General Session
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