<section number="58-55-302"><effdate>1/1/2027</effdate><histories><history>Repealed and Re-enacted by Chapter <modchap sess="2026GS">42</modchap>, 2026 General Session</history><modyear>2026</modyear></histories><catchline>Electrician Education Fund.</catchline><subsection number="58-55-302(1)">There is created an expendable special revenue fund known as the Electrician Education Fund.</subsection><subsection number="58-55-302(2)">The fund consists of money from a surcharge the division establishes in accordance with Section <xref depth="3" refnumber="63J-1-504">63J-1-504</xref>, that the division collects on initial, renewal, and reinstatement licensures for an apprentice electrician, a journeyman electrician, a master electrician, a residential journeyman electrician, and a residential master electrician.</subsection><subsection number="58-55-302(3)"><subsection number="58-55-302(3)(a)">The surcharge may not exceed $5.</subsection><subsection number="58-55-302(3)(b)">The surcharge described in Subsection <xref depth="4" refnumber="58-55-302(3)(a)">(3)(a)</xref> is in addition to the surcharge described in Section <xref depth="3" refnumber="58-55-106">58-55-106</xref>.</subsection></subsection><subsection number="58-55-302(4)"><subsection number="58-55-302(4)(a)">The fund shall earn interest.</subsection><subsection number="58-55-302(4)(b)">The division shall deposit the interest into the fund.</subsection></subsection><subsection number="58-55-302(5)">With the concurrence of the commission, the director may make distributions from the fund for the following purposes:<subsection number="58-55-302(5)(a)">education and training of licenses described in Subsection <xref depth="4" refnumber="58-55-302(2)">(2)</xref>; and</subsection><subsection number="58-55-302(5)(b)">education and training of other individuals licensed under this chapter or the public about electrical laws and practices.</subsection></subsection><subsection number="58-55-302(6)">If the balance in the fund is more than $100,000 at the end of any fiscal year, the division shall transfer the amount that exceeds $100,000 to the General Fund.</subsection><subsection number="58-55-302(7)">The division shall report annually to the General Government Appropriations Subcommittee on:<subsection number="58-55-302(7)(a)">the balance in the fund; and</subsection><subsection number="58-55-302(7)(b)">fund expenditures.</subsection></subsection></section>