Utah Statutes
§ 63J-5-301 — Definitions.
Utah·Title 63J Budgeting·Ch. 63J-5 Federal Funds Procedures Act·Part 63J-5-3 Federal Funds Contingency Plan
As used in this part:
(1)"Federal receipts" means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501, that is reported as part of a single audit.
(2)"Qualifying agency" means an agency that, in a single fiscal year, has federal receipts composing more than 33% of the agency's total budget.
(3)"Single audit" means the same as that term is defined in 31 U.S.C. Sec. 7501.
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Legislative History
Enacted by Chapter 286, 2024 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.