The Arizona Revised Statutes have been updated to include the revised sections from the 56th Legislature, 1st Regular Session. Please note that the next update of this compilation will not take place until after the conclusion of the 56th Legislature, 2nd Regular Session, which convenes in January 2024.
DISCLAIMER
This online version of the Arizona Revised Statutes is primarily maintained for legislative drafting purposes and reflects the version of law that is effective on January 1st of the year following the most recent legislative session. The official version of the Arizona Revised Statutes is published by Thomson Reuters.
49-159 - Institutional and engineering control fund; purpose
49-159. Institutional and engineering control fund; purpose
A. The institutional and engineering control fund is established to be administered by the director. The fund consists of monies from the following sources:
1. Fees collected pursuant to section 49-152, subsection K.
2. Fees collected pursuant to section 49-158, subsection G.
3. Costs of restoring engineering controls that are recovered pursuant to section 49-152.01.
4. Costs of restoring engineering controls that are recovered pursuant to section 49-158, subsection I.
5. Monies paid into the fund pursuant to section 49-152.01, subsection B.
6. Gifts, grants and donations.
7. Legislative appropriations.
B. Monies in the institutional and engineering control fund are continuously appropriated and are exempt from the provisions of section 35-190 relating to lapsing of appropriations. On notice from the director, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.
C. Monies in the institutional and engineering control fund shall be used for the following purposes:
1. For all reasonable and necessary costs to implement section 49-152, subsections B through O and sections 49-152.01, 49-152.02 and 49-158.
2. For the reasonable and necessary costs to administer the fund.