Specialized Product Proceeds Restricted Account.

Utah Code § 59-31-401 (eff. 1/1/2027), under Part 59-31-4: Miscellaneous Provisions..

Utah Code § 59-31-401 (eff. 1/1/2027)

59-31-401. Specialized Product Proceeds Restricted Account.

(1) There is created within the General Fund a restricted account known as the "Specialized Product Proceeds Restricted Account."

(2) The Specialized Product Proceeds Restricted Account consists of:

(a) revenue collected from the tax imposed by Section 59-31-301;

(b) fine amounts collected under Subsection 59-31-201(3); and

(c) amounts appropriated by the Legislature.

(3) Subject to appropriation, money in the account may be used for any of the following:

(a) enforcement and performance of duties described in Title 4, Chapter 41, Hemp and Cannabinoid Act, by the Department of Agriculture and Food;

(b) enforcement and performance of duties described in Title 4, Chapter 45, Kratom Consumer Protection Act, by the Department of Agriculture and Food;

(c) investigations described in Section 77-39-101, regarding cannabinoid products; and

(d) the Industrial Hemp Grant Program created in Section 63N-3-1302.