[§396-20]  Hoisting machineoperators' certification revolving fund.  (a)  There is established in thestate treasury a revolving fund to be known as the hoisting machine operators'certification revolving fund into which shall be deposited all fees, penalties,fines, and interest collected from:

(1)  Certification of hoisting machine operators;

(2)  Interest and investment moneys earned on anymoneys in the fund; and

(3)  All moneys received for the fund from any source.

The moneys in the fund may be used to carry out thepurposes of this section.  The director of finance shall disburse the moneys inthe fund in accordance with instructions from the director.

(b)  The fund may be used for:

(1)  Personnel and operating expenses for an executivedirector for the hoisting machine operators advisory board;

(2)  All necessary board costs and reimbursements;

(3)  Preparation and dissemination of publicinformation on hoisting machine operators' certification and training;

(4)  Preparation of annual reports on certificationprogram activities and accomplishments and on the fund; and

(5)  Any reimbursements to the state general fund forfunds appropriated by the legislature to establish the revolving fund.

(c)  The director shall submit an annual reportto the legislature on the status of the fund, including expenditures andprogram results, not less than twenty days prior to the convening of eachregular session. [L 1998, c 165, pt of §2]

 

Note

 

  Return of start-up money to the legislature on July 1, 2000. L 1998, c 165, §6.

  Transfer of certain interest earnings to general fund untilJune 30, 2015. L 2009, c 79, §30(a)(36).