Effective 7/1/2022
26B-1-302. National Professional Men’s Basketball Team Support of Women and Children Issues Restricted Account.
26B-1-302. National Professional Men’s Basketball Team Support of Women and Children Issues Restricted Account.
- (1) There is created in the General Fund a restricted account known as the “National Professional Men’s Basketball Team Support of Women and Children Issues Restricted Account.”
- (2) The account shall be funded by:
- (a) contributions deposited into the account in accordance with Section 41-1a-422;
- (b) private contributions; and
- (c) donations or grants from public or private entities.
- (3) Upon appropriation by the Legislature, the department shall distribute funds in the account to one or more charitable organizations that:
- (a) qualify as being tax exempt under Section 501(c)(3) of the Internal Revenue Code;
- (b) are selected by the owners that, either on an individual or joint basis, own a controlling interest in a legal entity that is a franchised member of the internationally recognized national governing body for professional men’s basketball in the United States;
- (c) are headquartered within the state;
- (d) create or support programs that focus on issues affecting women and children within the state, with an emphasis on health and education; and
- (e) have a board of directors that disperses all funds of the organization.
- (4)
- (a) An organization described in Subsection (3) may apply to the department to receive a distribution in accordance with Subsection (3).
- (b) An organization that receives a distribution from the department in accordance with Subsection (3) shall expend the distribution only to:
- (i) create or support programs that focus on issues affecting women and children, with an emphasis on health and education;
- (ii) create or sponsor programs that will benefit residents within the state; and
- (iii) pay the costs of issuing or reordering National Professional Men’s Basketball Team Support of Women and Children Issues support special group license plate decals.
- (c) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department may make rules providing procedures for an organization to apply to the department to receive a distribution under this Subsection (4).
- (5) In accordance with Section 63J-1-602.1, appropriations from the account are nonlapsing.
Renumbered and Amended by Chapter 255, 2022 General Session