§ 25-34-108. Disbursement of revenues

Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale shall be allocated as follows:

1. (1) If the sale of surplus computer or electronic equipment is made within the agency:

   1. (A) Sixty percent (60%) of the proceeds shall be returned to the owning agency;

   2. (B) Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; and

   3. (C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter;

2. (2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section:

   1. (A) Fifty percent (50%) of the proceeds shall be returned to the owning agency;

   2. (B) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and

   3. (C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter and § 19-5-1217.