Road Usage Charge Program Special Revenue Fund -- Revenue.
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(1) There is created a special revenue fund within the Transportation Fund known as the "Road Usage Charge Program Special Revenue Fund."
(2) The fund shall be funded from the following sources:
(a) revenue collected by the department under Section 72-1-213.1;
(b) appropriations made to the fund by the Legislature;
(c) contributions from other public and private sources for deposit into the fund;
(d) interest earnings on cash balances; and
(e) money collected for repayments and interest on fund money.
(3)
(a) Revenue generated by the road usage charge program and relevant penalties shall be deposited into the Road Usage Charge Program Special Revenue Fund.
(b) Revenue in the Road Usage Charge Program Special Revenue Fund is nonlapsing.
(4) Upon appropriation by the Legislature, the department may use revenue deposited into the Road Usage Charge Program Special Revenue Fund:
(a) to cover the costs of administering the program; and