The Vermont Statutes Online
Conservation and Development
DEPARTMENT OF FISH AND WILDLIFE
4049. Fish and wildlife trust fund
(a) The general
assembly recognizes the importance to the people of Vermont of conserving
Vermont's fish and wildlife resources. Therefore, in order to provide the
opportunity for Vermonters to invest in the future of its fish and wildlife
resources, there is hereby created a fish and wildlife trust fund within the
fish and wildlife fund which shall consist of:
from sales of any lifetime licenses created pursuant to subsection 4279(f) of
(2) Any gifts,
grants, or contributions made to the trust fund.
(3) Funds that
may be appropriated by the general assembly.
commissioner, after consultation with the secretary of the agency of natural
resources, the secretary of the agency of administration, and the state
treasurer, may determine whether the trust fund is to be managed by the state
treasurer, or by a private firm contracted by the state treasurer at the
direction of the commissioner.
(c) When the
balance of the trust fund reaches $250,000.00, the commissioner may withdraw
interest as needed for operation of departmental programs. The principal shall
remain in the trust fund in perpetuity, even should provisions of law regarding
lifetime licenses be repealed.
(d) [Repealed.] (Added 1991, No. 205 (Adj. Sess.), § 1, eff
July 1, 1993; amended 1993, No. 191 (Adj. Sess.), §§ 2, 3; 1997, No. 155 (Adj.
Sess.), § 41, eff. April 27, 1998; 1997, No. 155 (Adj. Sess.), § 41, eff. Jan.