Utah Statutes
§ 53F-9-301 — Charter School Levy Account.
Utah·Title 53F Public Education System -- Funding·Ch. 53F-9 Funds and Accounts·Part 53F-9-3 Income Tax Fund
(1)(1)(a) The terms defined in Section 53G-5-102 apply to this section.
(1)(b) As used in this section, "account" means the Charter School Levy Account created in this section.
(2)There is created within the Income Tax Fund a restricted account known as the "Charter School Levy Account."
(3)The account shall be funded by amounts deposited into the account in accordance with Section 53F-2-703.
(4)Upon appropriation from the Legislature, the state board shall distribute funds from the account as described in Section 53F-2-703.
(5)The account shall earn interest.
(6)Interest earned on the account shall be deposited into the account.
(7)Funds in the account are nonlapsing.
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Legislative History
Amended by Chapter 456, 2022 General Session
Nearby Sections
15
§ 53F-1-101
Title.§ 53F-1-102
Public education code definitions.§ 53F-1-103
Title 53F definitions.§ 53F-1-104
Education monitoring and funds management.§ 53F-10-101
Definitions.§ 53F-10-201
Capital Projects Evaluation Panel.§ 53F-10-202
Panel duties.§ 53F-10-301
Capital development project grants.§ 53F-10-302
Capital development project loans.§ 53F-10-303
Rural School Sports Facilities Grant Program.§ 53F-2-101
Title.§ 53F-2-102
Definitions.§ 53F-2-103
Purpose of chapter.