Effective 11/1/2021
53F-9-403. Kiwanis Education Support Fund.
53F-9-403. Kiwanis Education Support Fund.
- (1) There is created an expendable special revenue fund known as the “Kiwanis Education Support Fund.”
- (2) The fund consists of:
- (a) contributions deposited into the fund in accordance with Section 41-1a-422;
- (b) private contributions;
- (c) donations or grants from public or private entities; and
- (d) money appropriated to the fund by the Legislature.
- (3) Subject to Subsection 41-1a-418(2), the State Tax Commission:
- (a) shall expend money in the fund to pay the initial costs of ordering and issuing Kiwanis special group license plates; and
- (b) as needed, may expend money in the fund to pay the costs of reordering Kiwanis special group license plates and decals.
- (4) On an annual basis, the State Tax Commission shall:
- (a) evaluate the fund’s ability to cover the costs described in Subsection (3); and
- (b) based on the evaluation described in Subsection (4)(a), adjust the allocation of contributions described in Subsection (2)(a) deposited into the fund.
Enacted by Chapter 219, 2021 General Session