§ 65A-5-1 — Sovereign Lands Management Account.

(1) There is created within the General Fund a restricted account known as the "Sovereign Lands Management Account."
(2) The Sovereign Lands Management Account shall consist of the following:
(2)(a) the revenues derived from sovereign lands, except for revenues deposited into the Great Salt Lake Account under Section 73-32-304;
(2)(b) that portion of the revenues derived from mineral leases on other lands managed by the division necessary to recover management costs;
(2)(c) revenues derived from the Great Salt Lake Preservation support special group license plate described in Sections 41-1a-418 and 41-1a-422;
(2)(d) fees deposited by the division;
(2)(e) amounts deposited into the account in accordance with Section 59-23-4; and
(2)(f) amounts deposited into the account in accordance with Section 59-5-202.
(3) (3)(a) The expenditures of the division relating directly to the management of sovereign lands shall be funded by appropriation by the Legislature from the Sovereign Lands Management Account or other sources.
(3)(b) Money in the Sovereign Lands Management Account may be used only for the direct benefit of sovereign lands, including the management of sovereign lands.
(3)(c) In appropriating money from the Sovereign Lands Management Account, the Legislature shall prefer appropriations that benefit the sovereign land from which the money is derived unless compelling circumstances require that money be appropriated for sovereign land other than the sovereign land from which the money is derived.
(4) The division shall use the amount deposited into the account under Subsection (2)(e) for the Great Salt Lake as described in Section 65A-17-201 as directed by the Great Salt Lake Advisory Council created in Section 73-32-302.

Legislative History

Amended by Chapter 277, 2025 General Session