Utah Statutes
§ 63J-1-411 — Internal service funds -- End of fiscal year -- Unused authority for capital acquisition.
Utah § 63J-1-411
JurisdictionUtah
Title 63JBudgeting
Ch. 63J-1Budgetary Procedures Act
Part 63J-1-4Internal Service Funds
This text of Utah § 63J-1-411 (Internal service funds -- End of fiscal year -- Unused authority for capital acquisition.) 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. § 63J-1-411 (2026).
Text
(1)An internal service fund agency's authority to acquire capital assets under Subsection 63J-1-410(8)(a) shall lapse if the acquisition of the capital asset does not occur in the fiscal year in which the authorization is included in the appropriations act, unless the Legislature identifies the authority to acquire the capital asset as nonlapsing authority:
(1)(a) for a specific one-time project and a limited period of time in the Legislature's initial appropriation to the agency; or
(1)(b) in a supplemental appropriation in accordance with Subsection (2).
(2)(2)(a) An internal service fund agency's authority to acquire capital assets may be retained as nonlapsing authorization if the internal service fund agency includes a one-time project's list as part of the budget request that it s
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Legislative History
Amended by Chapter 382, 2021 General Session
Nearby Sections
15
§ 63J-1-101
Title.§ 63J-1-102
Definitions.§ 63J-1-103
Agency exempt from act.§ 63J-1-201.5
Financial statement to be submitted annually.§ 63J-1-205
Revenue volatility report.§ 63J-1-205.1
Legislature to pay debt service first.§ 63J-1-207
Uniform School Fund -- Appropriations.§ 63J-1-208
Conditions on appropriations binding.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 63J-1-411, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/63J-1-411.