Electric, Hydroelectric, Gas, or Any Other Public Utility - Distribution of Revenues.

Checkout our iOS App for a better way to browser and research.

Section 40-21-55

Electric, hydroelectric, gas, or any other public utility - Distribution of revenues.

All revenues collected under the provisions of Section 40-21-53 shall, after deduction of the cost of collection, be distributed in the following manner:

(1) Eighty-five percent of the balance remaining after deduction of the cost of collection shall be deposited in the Special Mental Health Fund to be used for mental health purposes; and

(2) Fifteen percent of the balance remaining after deduction of the cost of collection shall be deposited in the General Fund.

(Acts 1971, No. 1412, p. 2406, §3.)


Download our app to see the most-to-date content.