(a) Effective July 1, 2018, fees collected by the atomic energy commission for use of the reactor facilities and related services shall be deposited in a restricted-receipt account to support the technical operation and maintenance of the agency's equipment.
(b) All revenues remaining in the restricted-receipt account, after expenditures authorized in subsection (a) of this section, above two hundred thousand dollars ($200,000) shall be paid into the state's general fund. These payments shall be made annually on the last business day of the fiscal year.
(c) A charge of up to forty percent (40%), adjusted annually as of July 1, shall be assessed against all university of Rhode Island (URI)-sponsored research activity allocations. The charge shall be applied to the existing URI-sponsored research expenditures within the atomic energy commission.
History of Section.
P.L. 1992, ch. 133, art. 15, § 2; 1995, ch. 370, art. 40, § 133; P.L. 2008, ch. 9, art. 11, § 1; P.L. 2018, ch. 47, art. 2, § 5.