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7 LONG TITLE
8 General Description:
9 This bill creates the Public Health Laboratory Equipment Replacement Fund.
10 Highlighted Provisions:
11 This bill:
12 ▸ creates the Public Health Laboratory Equipment Replacement Fund;
13 ▸ specifies the sources and uses of money in the fund; and
14 ▸ sets a cap for the money in the fund.
15 Money Appropriated in this Bill:
16 None
17 Other Special Clauses:
18 None
19 Utah Code Sections Affected:
20 ENACTS:
21 26-1-41, Utah Code Annotated 1953
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23 Be it enacted by the Legislature of the state of Utah:
24 Section 1. Section 26-1-41 is enacted to read:
25 26-1-41. Public Health Laboratory Equipment Replacement Fund.
26 (1) As used in this section, "fund" means the Public Health Laboratory Equipment
27 Replacement Fund created in Subsection (2).
28 (2) There is created an expendable special revenue fund known as the "Public Health
29 Laboratory Equipment Replacement Fund."
30 (3) The fund consists of:
31 (a) a portion of the fees specifically designated for equipment replacement paid to the
32 laboratory for testing services;
33 (b) money appropriated to the fund by the Legislature;
34 (c) gifts, grants, donations, or any other conveyance of money that may be made to the
35 fund from private sources; and
36 (d) interest earned on the money in the fund.
37 (4) (a) The fund shall earn interest.
38 (b) All interest earned on fund money shall be deposited into the fund.
39 (5) The portion of the fees described in Subsection (3)(a) may not exceed 10% of each
40 individual fee where equipment is an essential component of the testing process, as determined
41 by the department by rule made in accordance with Title 63G, Chapter 3, Utah Administrative
42 Rulemaking Act.
43 (6) The Public Health Laboratory shall use money in the fund to replace or upgrade
44 equipment that supports public health programs and medical services in the state under
45 Subsection 26-1-30(14).
46 (7) (a) The balance in the fund may not exceed $1,500,000 at the end of each fiscal
47 year.
48 (b) At the end of each fiscal year, the Division of Finance shall transfer into the
49 General Fund any money in the fund that exceeds the amount necessary to maintain the fund
50 balance at $1,500,000.