26B-1-302. National Professional Men’s Basketball Team Support of Women and Children Issues Restricted Account.
| (1) |
There is created in the General Fund a restricted account known as the “National Professional Men’s Basketball Team Support of Women and Children Issues Restricted Account.” |
Terms Used In Utah Code 26B-1-302
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- 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
- United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5
| (2) |
The account shall be funded by:
| (a) |
contributions deposited into the account in accordance with Section 41-1a-422; |
| (b) |
private contributions; and |
| (c) |
donations or grants from public or private entities. |
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| (3) |
Upon appropriation by the Legislature, the department shall distribute funds in the account to one or more charitable organizations that:
| (a) |
qualify as being tax exempt under Section 501(c)(3) of the Internal Revenue Code; |
| (b) |
are selected by the owners that, either on an individual or joint basis, own a controlling interest in a legal entity that is a franchised member of the internationally recognized national governing body for professional men’s basketball in the United States; |
| (c) |
are headquartered within the state; |
| (d) |
create or support programs that focus on issues affecting women and children within the state, with an emphasis on health and education; and |
| (e) |
have a board of directors that disperses all funds of the organization. |
|
| (4) |
| (a) |
An organization described in Subsection (3) may apply to the department to receive a distribution in accordance with Subsection (3). |
| (b) |
An organization that receives a distribution from the department in accordance with Subsection (3) shall expend the distribution only to:
| (i) |
create or support programs that focus on issues affecting women and children, with an emphasis on health and education; |
| (ii) |
create or sponsor programs that will benefit residents within the state; and |
| (iii) |
pay the costs of issuing or reordering National Professional Men’s Basketball Team Support of Women and Children Issues support special group license plate decals. |
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| (5) |
In accordance with Section 63J-1-602.1, appropriations from the account are nonlapsing. |
Renumbered and Amended by Chapter 255, 2022 General Session
