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Utah Code
2025 Utah Code
Title 13 - Commerce and Trade
Chapter 1 - Department of Commerce
Section 17 - Commerce Electronic Payment Fee Restricted Account.
Universal Citation:
UT Code § 13-1-17 (2025)
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Effective 5/3/2023
13-1-17. Commerce Electronic Payment Fee Restricted Account.
Enacted by Chapter 26, 2023 General Session
Amended by Chapter 534, 2023 General Session, (Coordination Clause)
13-1-17. Commerce Electronic Payment Fee Restricted Account.
- (1) As used in this section:
- (a) "Account" means the Commerce Electronic Payment Fee Restricted Account created in this section.
- (b) "Costs of electronic payments" means the same as that term is defined in Section 13-1-2.
- (c) "Department" means the Department of Commerce.
- (d) "Electronic payment" means the same as that term is defined in Section 13-1-2.
- (e) "Electronic payment fee" means the same as that term is defined in Section 13-1-2.
- (2) There is created in the General Fund a restricted account known as the "Commerce Electronic Payment Fee Restricted Account."
- (3) The account consists of money that the department collects as an electronic payment fee in accordance with Section 13-1-2.
- (4) Upon appropriation, the department may use money in the account to cover the costs of electronic payments.
- (5)
- (a) The account balance may not exceed $1,000,000 at the end of each fiscal year.
- (b) At the end of each fiscal year, the Division of Finance shall transfer into the General Fund any funds in the account that exceed an account balance of $1,000,000.
Enacted by Chapter 26, 2023 General Session
Amended by Chapter 534, 2023 General Session, (Coordination Clause)
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