Qualified Production Enterprise Fund -- Creation -- Revenue neutrality.

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  • (1) There is created an enterprise fund known as the "Qualified Production Enterprise Fund."
  • (2) The fund created in this section is funded from:
    • (a) money the department deposits into the fund under this chapter;
    • (b) appropriations the Legislature makes to the fund; and
    • (c) the interest described in Subsection (3).
  • (3) Interest earned on the Qualified Production Enterprise Fund shall be deposited into the fund.
  • (4) The department may only use money in the fund to fund the department's implementation of this chapter.
  • (5) The department shall set fees authorized under this chapter in amounts that the department anticipates are necessary, in total, to cover the department's cost to implement this chapter.




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