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Current as of January 01, 2022 | Updated by FindLaw Staff
(a) Effective July 1, 2018, fees collected by the atomic energy commission for use of the reactor facilities and related services shall be deposited in a restricted-receipt account to support the technical operation and maintenance of the agency's equipment.
(b) All revenues remaining in the restricted-receipt account, after expenditures authorized in subsection (a) of this section, above two hundred thousand dollars ($200,000) shall be paid into the state's general fund. These payments shall be made annually on the last business day of the fiscal year.
(c) A charge of up to forty percent (40%), adjusted annually as of July 1, shall be assessed against all university of Rhode Island (URI)-sponsored research activity allocations. The charge shall be applied to the existing URI-sponsored research expenditures within the atomic energy commission.
Cite this article: FindLaw.com - Rhode Island General Laws Title 42. State Affairs and Government § 42-27-6. Reactor usage charges - last updated January 01, 2022 | https://codes.findlaw.com/ri/title-42-state-affairs-and-government/ri-gen-laws-sect-42-27-6/
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