Utah § 19-6-816.5 Fund balance maintenance.

Utah Statutes

§ 19-6-816.5 — Fund balance maintenance.

Utah § 19-6-816.5

Title 19Environmental Quality Code

Ch. 19-6Hazardous Substances

Part 19-6-8Waste Tire Recycling Act

This text of Utah § 19-6-816.5 (Fund balance maintenance.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 19-6-816.5 (2026).

Text

(1)As used in this section:

(1)(a) "Qualified recycler" means a recycler who is qualified to receive a partial reimbursement under Section 19-6-809 during a fiscal year for which there are surplus funds.

(1)(b) "Surplus funds" means, at the end of a fiscal year, money in the fund in excess of $2,000,000 after all partial reimbursements and payments to local health departments as provided in this part have been paid.

(2)At the end of a fiscal year, the Division of Finance shall use surplus funds to make payments to qualified recyclers equal to $10 for each ton of waste tires, material derived from waste tires, or chipped tires, for which the recycler received a partial reimbursement under Subsection 19-6-809(2).

(3)If the surplus funds are insufficient to make the payments described in

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(1) As used in this section:

(1)(a) "Qualified recycler" means a recycler who is qualified to receive a partial reimbursement under Section 19-6-809 during a fiscal year for which there are surplus funds.
(1)(b) "Surplus funds" means, at the end of a fiscal year, money in the fund in excess of $2,000,000 after all partial reimbursements and payments to local health departments as provided in this part have been paid.
(2) At the end of a fiscal year, the Division of Finance shall use surplus funds to make payments to qualified recyclers equal to $10 for each ton of waste tires, material derived from waste tires, or chipped tires, for which the recycler received a partial reimbursement under Subsection 19-6-809(2).
(3) If the surplus funds are insufficient to make the payments described in Subsection (2), the Division of Finance shall prorate the amount per ton that is paid to each qualified recycler.
(4) The Division of Finance may not make a payment under this section that would cause the balance of the fund to be less than $2,000,000.