Utah Statutes
§ 59-31-401 — Cannabinoid Proceeds Restricted Account.
Utah § 59-31-401
JurisdictionUtah
Title 59Revenue and Taxation
Ch. 59-31Cannabinoid Licensing and Tax Act
Part 59-31-4Miscellaneous Provisions.
This text of Utah § 59-31-401 (Cannabinoid Proceeds Restricted Account.) 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. § 59-31-401 (2026).
Text
(1)There is created within the General Fund a restricted account known as the "Cannabinoid Proceeds Restricted Account."
(2)The Cannabinoid Proceeds Restricted Account consists of:
(2)(a) revenue collected from the tax imposed by Section 59-31-301; and
(2)(b) amounts appropriated by the Legislature.
(3)Subject to appropriation, money in the account may be used for the following:
(3)(a) enforcement of Title 4, Chapter 41, Hemp and Cannabinoid Act by the Department of Agriculture and Food;
(3)(b) investigations described in Section 77-39-101, regarding cannabinoid products;
(3)(c) the Industrial Hemp Grant Program created in Section 63N-3-1302; and
(3)(d) provided to counties, cities, and towns in proportion to the county's, city's, or town's distribution under Section 59-12-205 for the p
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Legislative History
Enacted by Chapter 35, 2024 General Session
Nearby Sections
15
§ 59-1-1001
Statement of taxpayer rights.§ 59-1-1002
Audit interviews.§ 59-1-1003
Penalty waiver.§ 59-1-1004
Installment payments.§ 59-1-1005
Suits against commission and its employees.§ 59-1-101
Definitions.§ 59-1-103
Income Tax Surplus Restricted Account.§ 59-1-1101
Private collection of tax -- Fee.§ 59-1-1302
Definitions.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 59-31-401, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/59-31-401.