Tennessee § 68-204-109 - Energy resources fund.

§ 68-204-109. Energy resources fund.

There is created a special account in the state treasury to be administered by the office of the comptroller of the treasury and to be known as the energy policy development resources fund, referred to in this section as the “energy resources fund.” The comptroller may disburse moneys in the energy resources fund to the council for the following purposes: Developing the comprehensive state energy policy plan, as prescribed in § 68-204-103; In furtherance of the purposes of this chapter; and To offset the cost of administering this chapter. A grant from the energy resources fund shall be disbursed in an annual amount of fifty thousand dollars ($50,000). It is the legislative intent that the annual amount be appropriated each fiscal year in the general appropriations act for awarding a grant. Acts 2017, ch. 458, § 2. Compiler's Notes. For the Preamble to the act concerning the creation of the Tennessee energy policy council, please refer to Acts 2017, ch. 458. Effective Dates. Acts 2017, ch. 458, § 3. July 1, 2017; provided that, for the purpose of appointing members of the council, the act took effect May 25, 2017.