Utah Code 4-41a-104. Qualified Production Enterprise Fund — Creation — Revenue neutrality
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(1) There is created an enterprise fund known as the “Qualified Production Enterprise Fund.”
Terms Used In Utah Code 4-41a-104
- Department: means the Department of Agriculture and Food. See Utah Code 4-41a-102
- Qualified Production Enterprise Fund: means the fund created in Section
4-41a-104 . See Utah Code 4-41a-102
(2) The fund created in this section is funded from:
(2)(a) money the department deposits into the fund under this chapter;
(2)(b) appropriations the Legislature makes to the fund; and
(2)(c) the interest described in Subsection (3).
(3) Interest earned on the Qualified Production Enterprise Fund shall be deposited into the fund.
(4) The department may only use money in the fund to fund the department’s implementation of this chapter.
(5) The department shall set fees authorized under this chapter in amounts that the department anticipates are necessary, in total, to cover the department’s cost to implement this chapter.