Section 59-31-401 - Cannabinoid Proceeds Restricted Account(1) There is created within the General Fund a restricted account known as the "Cannabinoid Proceeds Restricted Account." (2) The Cannabinoid Proceeds Restricted Account consists of: (a) revenue collected from the tax imposed by Section 59-31-301; and(b) amounts appropriated by the Legislature.(3) Subject to appropriation, money in the account may be used for the following: (a) enforcement of Title 4, Chapter 41, Hemp and Cannabinoid Act by the Department of Agriculture and Food;(b) investigations described in Section 77-39-101, regarding cannabinoid products;(c) the Industrial Hemp Grant Program created in Section 63N-3-1302; and(d) provided to counties, cities, and towns in proportion to the county's, city's, or town's distribution under Section 59-12-205 for the preceding fiscal year.Added by Chapter 35, 2024 General Session ,§ 20, eff. 1/1/2025.