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Bill > HB0115


UT HB0115

UT HB0115
State Park Funding Amendments


summary

Introduced
01/21/2025
In Committee
02/20/2025
Crossed Over
02/10/2025
Passed
03/11/2025
Dead
Signed/Enacted/Adopted
03/19/2025

Introduced Session

2025 General Session

Bill Summary

General Description: This bill modifies funding provisions related to the Division of State Parks.

AI Summary

This bill modifies the State Park Fees Restricted Account by changing how interest earnings are incorporated into the account's revenue. Specifically, the bill introduces a phased approach to including interest, starting with 25% of total interest being added to the account in the 2025-2026 fiscal year, incrementally increasing to 50% in 2026-2027, 75% in 2027-2028, and then 100% beginning July 1, 2028. The account will continue to consist of existing revenue sources such as state park charges, proceeds from buffalo sales, and civil damages, while excluding certain other revenues. The purpose of the account remains the same: to fund activities described in Section 79-4-203, which likely relates to state park operations and maintenance. The bill is set to take effect on May 7, 2025, providing a clear timeline for the gradual implementation of the new interest allocation method.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

Governor Signed in Lieutenant Governor's office for filing (on 03/19/2025)

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