Bill
Bill > HB0521
summary
Introduced
02/09/2026
02/09/2026
In Committee
02/17/2026
02/17/2026
Crossed Over
Passed
Dead
Introduced Session
2026 General Session
Bill Summary
General Description: This bill requires the appropriation of a certain amount of funds in the Public Education Economic Stabilization Restricted Account to a new trust fund for public education.
AI Summary
This bill amends existing Utah law to create a new trust fund for public education, called the Public Education Economic Stabilization Trust Fund, and designates it as exempt from certain investment regulations. Specifically, it directs that a significant portion of funds from the Public Education Economic Stabilization Restricted Account, which is funded by a percentage of projected income tax and uniform school fund revenue, will be appropriated to this new trust fund starting in fiscal year 2027. The bill also clarifies that the Public Education Economic Stabilization Trust Fund will consist of these appropriations, any other legislative appropriations, and income generated from its investments, which the State Treasurer will manage with the goal of stability, income, and growth of the principal.
Committee Categories
Education
Sponsors (1)
Last Action
LFA/ fiscal note publicly available for HB0521S01 in Released (on 02/19/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://le.utah.gov/~2026/bills/static/HB0521.html |
| Fiscal Note HB0521S01 | https://pf.utleg.gov/public-web/sessions/2026GS/fiscal-notes/HB0521S01.fn.pdf |
| BillText | https://le.utah.gov/Session/2026/bills/introduced/HB0521S01.pdf |
| Comparison to Original Bill | https://le.utah.gov/Session/2026/bills/introduced/CP%20HB0521%20To%20HB0521S01.pdf |
| Fiscal Note HB0521 | https://pf.utleg.gov/public-web/sessions/2026GS/fiscal-notes/HB0521.fn.pdf |
| BillText | https://le.utah.gov/Session/2026/bills/introduced/HB0521.pdf |
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