90-6-1001. Oil, gas, and coal natural resource accounts.
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90-6-1001 . Oil, gas, and coal natural resource accounts.
(1)There is an oil and gas natural resource distribution account in the state special revenue fund. The collections allocated to the account from 15-36-331 (2)(b) must be deposited in the account to be used as provided in 15-36-332 (7).
(2)There is a coal natural resource account in the state special revenue fund. The collections allocated to the account from 15-35-108
(9)must be deposited in the account. The account receives earnings from the coal board fund as provided in 17-5-703 . The money in the account is allocated to the coal board provided for in 2-15-1821 and may be used only for local impact grants provided for in 90-6-205 through 90-6-207 and costs related to the administration of the grant awards.