Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.

1. Law
2. Utah Code
3. Utah Agricultural Code
4. Conservation Commission Act
5. General Provisions
6. Agriculture Resource Development Fund -- Contents -- Use of fund money -- Advisory board.

• (1) There is created a revolving loan fund known as the Agriculture Resource Development Fund.

• (2) The Agriculture Resource Development Fund shall consist of:
  • (a) money appropriated to it by the Legislature;
  • (b) sales and use tax receipts transferred to the fund in accordance with Section 59-12-103;
  • (c) money received for the repayment of loans made from the fund;
  • (d) money made available to the state for agriculture resource development from any source; and
  • (e) interest earned on the fund.

• (3) The commission shall make loans from the Agriculture Resource Development Fund for a:
  • (a) rangeland improvement and management project;
  • (b) watershed protection or flood prevention project;
  • (c) soil and water conservation project;
  • (d) program designed to promote energy efficient farming practices;
  • (e) improvement program for agriculture product storage or program designed to protect a crop or animal resource;
  • (f) hydroponic or aquaponic system; or
  • (g) project or program to improve water quality or address other environmental issues.

• (4) The commission may appoint an advisory board that shall:
  • (a) oversee the award process for loans, as described in this section;
  • (b) approve loans; and
  • (c) recommend policies and procedures for the Agriculture Resource Development Fund that are consistent with statute.

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