Utah § 53H-8-207 Retention of net reimbursed overhead revenues.

Utah Statutes

§ 53H-8-207 — Retention of net reimbursed overhead revenues.

Utah § 53H-8-207

Title 53HHigher Education

Ch. 53H-8Finance

Part 53H-8-2Budgets and Financing

This text of Utah § 53H-8-207 (Retention of net reimbursed overhead revenues.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 53H-8-207 (2026).

Text

(1)For each fiscal year, all budget documents for the system of higher education shall reflect retention by the institutions' net reimbursed overhead revenues for support of research and related programs under policies established by the board. These overhead revenues may not be considered a dedicated credit.

(2)The board, in conjunction with institutions within the system, shall provide the Legislature, through the Office of Legislative Fiscal Analyst, with a complete accounting of the net reimbursed overhead revenues on an annual basis. This accounting shall include actual expenditures for the prior fiscal year, budgeted expenditures for the current fiscal year, and planned expenditures for the following fiscal year.

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(1) For each fiscal year, all budget documents for the system of higher education shall reflect retention by the institutions' net reimbursed overhead revenues for support of research and related programs under policies established by the board. These overhead revenues may not be considered a dedicated credit.
(2) The board, in conjunction with institutions within the system, shall provide the Legislature, through the Office of Legislative Fiscal Analyst, with a complete accounting of the net reimbursed overhead revenues on an annual basis. This accounting shall include actual expenditures for the prior fiscal year, budgeted expenditures for the current fiscal year, and planned expenditures for the following fiscal year.