Superseded 7/1/2023)

Superseded 7/1/2023
26B-1-310.  Qualified Patient Enterprise Fund — Creation — Revenue neutrality.

(1)  There is created an enterprise fund known as the “Qualified Patient Enterprise Fund.”

(2)  The fund created in this section is funded from:

(a)  money the department deposits into the fund under 2;

(b)  appropriations the Legislature makes to the fund; and

(c)  the interest described in Subsection (3).

(3)  Interest earned on the fund shall be deposited into the fund.

(4)  Money deposited into the fund may only be used by:

(a)  the department to accomplish the department’s responsibilities described in 2; and

(b)  the Center for Medical Cannabis Research created in Section 53B-17-1402 to accomplish the Center for Medical Cannabis Research’s responsibilities.

(5)  The department shall set fees authorized under 2 in amounts that the department anticipates are necessary, in total, to cover the department’s cost to implement 2.

Amended by Chapter 281, 2023 General Session
Renumbered and Amended by Chapter 305, 2023 General Session