It is enacted by the General Assembly as follows:

SECTION 1. Section 19-28.1-30 of the General Laws in Chapter 19-28.1 entitled "Franchise Investment Act" is hereby amended to read as follows:

{ADD 19-28.1-30. Appropriation. -- ADD} All fees shall be paid to the state treasurer and are hereby appropriated to the {DEL department of business regulation for the administration and enforcement of this chapter DEL} {ADD general fund ADD} .

SECTION 2. This act shall take effect upon passage.