Section 19-1-403.3 - Conversion to Alternative Fuel Grant Program Fund - Contents - Grants made with fund money(1)(a) There is created an expendable special revenue fund known as the Conversion to Alternative Fuel Grant Program Fund.(b) The fund consists of: (i) appropriations to the fund;(ii) other public and private contributions made under Subsection (1)(c);(iii) fees established by the department, as described in Subsection (3)(a), and deposited into the fund; and(iv) interest earnings on cash balances.(c) The department may accept contributions from other public and private sources for deposit into the fund.(2) The department may make a grant with money available in the fund to a person who installs conversion equipment on an eligible vehicle, as described in Sections 19-2-301 through 19-2-304.(3) The department may: (a) establish an application fee for a grant from the fund by following the procedures and requirements of Section 63J-1-504; and(b) reimburse itself for the costs incurred in administering the fund from: (ii) application fees established under Subsection (3)(a).(4)(a) The fund balance may not exceed $10,000,000.(b) Interest on cash balances in excess of the amount necessary to maintain the fund balance at $10,000,000 shall be deposited into the General Fund.Added by Chapter 369, 2016 General Session ,§ 2, eff. 5/10/2016.