Restricted accounts.

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  • (1) There is created within the General Fund a restricted account known as the "Nuclear Waste Facility Oversight Account" and referred to in this section as the "oversight account".
  • (2)
    • (a) The oversight account shall be funded from the fees imposed and collected under Subsections 19-3-308(1)(a) and (b).
    • (b) The department shall deposit in the oversight account all fees collected under Subsections 19-3-308(1)(a) and (b).
    • (c) The Legislature may appropriate the funds in this oversight account to departments of state government as necessary for those departments to carry out their duties to implement this part.
    • (d) The department shall account separately for money paid into the oversight account for each separate application made pursuant to Section 19-3-304.
  • (3)
    • (a) There is created within the General Fund a restricted account known as the "Nuclear Accident and Hazard Compensation Account," to be referred to as the "compensation account" within this part.
    • (b) The compensation account shall be funded from the fees assessed and collected under this part, except for Subsections 19-3-308(1)(a) and (b).
    • (c) The department shall deposit in the compensation account all fees collected under this part, except for those fees under Subsections 19-3-308(1)(a) and (b).
    • (d) The compensation account shall earn interest, which shall be deposited in the account.
    • (e) The Legislature may appropriate the funds in the compensation account to the departments of state government as necessary for those departments to comply with the requirements of this part.
  • (4) On the date when a state license is issued in accordance with Subsection 19-3-301(4)(a), the Division of Finance shall transfer all fees remaining in the oversight account attributable to that license into the compensation account.




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