AI-generated summary, not yet reviewed by Better Utah staff. Please consult the bill text.

The Department of Commerce would gain a new dedicated fund, called the Department of Commerce Technology, Education, and Training Fund, financed by fees the Division of Corporations and Commercial Code collects for bulk or subscription data sales and commercial code filings, along with fees the Division of Professional Licensing collects for publishing lists of licensees; any interest earned on the fund would also be added back into it. Money from this fund could be used for costs like providing data and subscription services to requesters, public education on licensing and business filings, printing informational materials, purchasing equipment and technology for the Division of Corporations and Commercial Code, training staff, and hiring temporary employees. The bill also requires the Division of Corporations and Commercial Code to offer bulk or subscription access to filed business and commercial records to the public and allows the division to charge fees for that access. This version is substantially the same as the prior draft, with only technical wording changes.