National Professional Men's Basketball Team Support of Women and Children Issues Restricted Account.
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(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."
(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.
(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.
(c) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department may make rules providing procedures for an organization to apply to the department to receive a distribution under this Subsection (4).
(5) In accordance with Section 63J-1-602.1, appropriations from the account are nonlapsing.