79-2-606. Watershed Restoration Expendable Special Revenue Fund — Creation — Source of funds — Use of funds.
| (1) |
As used in this section, “fund” means the Watershed Restoration Expendable Special Revenue Fund created in Subsection (2). |
Terms Used In Utah Code 79-2-606
- Director: means the director of the initiative who is appointed under Section 79-2-602. See Utah Code 79-2-601
- Donor: The person who makes a gift.
- Restoration: means to assist the recovery of ecosystems and ecosystem services that have been mismanaged, degraded, or destroyed. See Utah Code 79-2-601
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- Watershed: means the geographical surface area that drains water into a stream, river, or other body of water. See Utah Code 79-2-601
| (2) |
There is created an expendable special revenue fund known as the “Watershed Restoration Expendable Special Revenue Fund.” |
| (3) |
The fund consists of:
| (a) |
gifts, grants, donations, contributions, or any other conveyance of money that may be made to the fund from public or private sources; and |
| (b) |
interest and earnings on fund money. |
|
| (4) |
The state treasurer shall:
| (b) |
deposit interest and earnings derived from investing fund money into the fund. |
|
| (5) |
The director may only use fund money for a watershed restoration project designated or approved by the donor. |
Enacted by Chapter 51, 2022 General Session
