[§396-20]  Hoisting machine
operators' certification revolving fund.  (a)  There is established in the
state 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 any
moneys 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 the
purposes of this section.  The director of finance shall disburse the moneys in
the fund in accordance with instructions from the director.



(b)  The fund may be used for:



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



(2)  All necessary board costs and reimbursements;



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



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



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



(c)  The director shall submit an annual report
to the legislature on the status of the fund, including expenditures and
program results, not less than twenty days prior to the convening of each
regular 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 until
June 30, 2015. L 2009, c 79, §30(a)(36).