55-3-15 - Disposition of revenues.
§ 55-3-15. Disposition of revenues.
Seventy-five percent (75%) of the gross revenue derived from state forests shall be paid into the State Treasury to the credit of the general fund. Twenty-five percent (25%) derived from state forests shall be paid into the school fund of the county from which the revenue is derived, payment being made to the county as compensation for possible loss of revenue. Seventy-five percent (75%) of the gross revenue derived from fish and game refuges and/or preserves created and established by the Department of Wildlife, Fisheries and Parks in conjunction with the commission created in Section 55-3-5 shall be paid to the fisheries and wildlife fund of the state to be expended as other funds of the Department of Wildlife, Fisheries and Parks are expended, and twenty-five percent (25%) of such gross revenue shall be paid into the school fund of the county from which the revenue is derived.
Sources: Codes, 1942, § 6038; Laws, 1934, ch. 153; Laws, 1982, ch. 365, § 11; Laws, 1995, ch. 438, § 1, eff from and after July 1, 1995.