§ 4-20-2. Rangeland Improvement Account -- Administered by department.

(1)

(a) There is created a restricted account within the General Fund known as the "Rangeland Improvement Account."

(b) The restricted account shall consist of:

(i) money received by the state from the United States Secretary of Interior under the Taylor Grazing Act, 43 U.S.C. Section 315 et seq., for sales, leases, and fees;

(ii) grants or appropriations from the state or federal government; and

(iii) grants from private foundations.

(c) Interest earned on the restricted account shall be deposited into the General Fund.

(2) The department shall:

(a) administer the restricted account;

(b) obtain from the United States Department of Interior the receipts collected from:

(i) fees in each grazing district; and

(ii) the receipts collected from the sale or lease of public lands; and

(c) distribute restricted account money in accordance with Section 4-20-3.

Amended by Chapter 303, 2011 General Session