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Utah Code Title 19. Environmental Quality Code § 19-1-403.3. Conversion to Alternative Fuel Grant Program Fund--Contents--Grants made with fund money

Current as of January 01, 2025 | Updated by Findlaw Staff

(1)(a) There is created an expendable special revenue fund known as the Conversion to Alternative Fuel Grant Program Fund.

(b) The fund consists of:

(i) appropriations to the fund;

(ii) other public and private contributions made under Subsection (1)(c);

(iii) fees established by the department, as described in Subsection (3)(a), and deposited into the fund; and

(iv) interest earnings on cash balances.

(c) The department may accept contributions from other public and private sources for deposit into the fund.

(2) The department may make a grant with money available in the fund to a person who installs conversion equipment on an eligible vehicle, as described in Sections 19-2-301 through 19-2-304.

(3) The department may:

(a) establish an application fee for a grant from the fund by following the procedures and requirements of Section 63J-1-504; and

(b) reimburse itself for the costs incurred in administering the fund from:

(i) the fund; or

(ii) application fees established under Subsection (3)(a).

(4)(a) The fund balance may not exceed $10,000,000.

(b) Interest on cash balances in excess of the amount necessary to maintain the fund balance at $10,000,000 shall be deposited into the General Fund.

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Cite this article: FindLaw.com - Utah Code Title 19. Environmental Quality Code § 19-1-403.3. Conversion to Alternative Fuel Grant Program Fund--Contents--Grants made with fund money - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-19-environmental-quality-code/ut-code-sect-19-1-403-3/

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