Utah Statutes
§ 53F-9-305 — Local Levy Growth Account.
Utah·Title 53F Public Education System -- Funding·Ch. 53F-9 Funds and Accounts·Part 53F-9-3 Income Tax Fund
(1)As used in this section, "account" means the Local Levy Growth Account created in this section.
(2)There is created within the Income Tax Fund a restricted account known as the "Local Levy Growth Account."
(3)The account shall be funded by:
(3)(a) amounts deposited into the account in accordance with Section 53F-2-301; and
(3)(b) other legislative appropriations.
(4)The account shall earn interest.
(5)Interest earned on the account shall be deposited into the account.
(6)The Legislature shall appropriate money in the account to the state board.
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Legislative History
Amended by Chapter 7, 2023 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.