25-15-311. Disposition of fines and penalties - repeal

25-15-311. Disposition of fines and penalties - repeal. (1) Except as described in subsection (2) of this section, all receipts from penalties or fines collected under sections 25-15-309 and 25-15-310 shall be credited to the general fund of the state. (2) (a) On and after July 1, 2025, all receipts from penalties or fines collected under sections 25-15-309 and 25-15-310 shall be credited to the rural housing and development asbestos and lead paint abatement fund created in section 25-16-312; except that, for the 2025-26 state fiscal year and the 2026-27 state fiscal year, the credits described in this subsection (2) continue only until such time as the total amount of penalties and fines collected pursuant to sections 25-7-511, 25-15-309, and 25-15-310 and credited to the rural housing and development asbestos and lead paint abatement fund equals two hundred thousand dollars. (b) This subsection (2) is repealed, effective June 30, 2027.