319.330. Missouri explosives safety act administration fund created, use of moneys. - Missouri Statutes

Missouri explosives safety act administration fund created, use ofmoneys.

319.330. There is hereby created in the state treasury the "MissouriExplosives Safety Act Administration Fund", which shall consist of all feescollected under sections 319.300 to 319.345, appropriations of the generalassembly, federal grants, and private donations. The state treasurer shallbe custodian of the fund. In accordance with sections 30.170 and 30.180,RSMo, the state treasurer may approve disbursements. Upon appropriation,money in the fund shall be used solely for the administration of sections319.300 to 319.345. Notwithstanding the provisions of section 33.080,RSMo, to the contrary, any moneys remaining in the fund at the end of thebiennium shall not revert to the credit of the general revenue fund exceptthat, at the end of each biennium and after all statutorily orconstitutionally required transfer of funds have been made, the statetreasurer shall transfer the balance in the fund, except for gifts,donations, bequests, or money received from a federal source, created inthis section in excess of two hundred percent of the fund's previous fiscalyear's expenditures into the state general revenue fund. The statetreasurer shall invest moneys in the fund in the same manner as other fundsare invested. Any interest and moneys earned on such investments shall becredited to the fund. The state fire marshal shall submit a report to thestate blasting safety board and the public each year that describes therevenue created by fees established under the provisions of sections319.300 to 319.345 and how the revenue was expended to enforce theprovisions of sections 319.300 to 319.345, including the number ofemployees used and activities performed.

(L. 2007 H.B. 298)