Utah SB0084 creates a technology fund for the Department of Commerce and allows for the collection of fees for services.
Utah SB0084 establishes the Department of Commerce Technology, Education, and Training Fund. The Department of Commerce can maintain any portion of the fund in an interest-bearing account and must deposit all interest earned into the fund. The fund consists of fees collected by the Division of Corporations and Commercial Code and the Division of Professional Licensing. The Department of Commerce can use the fund to pay for costs related to the single sign-on business portal, professional licensing, business entities, commercial code filings, and trademarks.
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