Superseded 7/1/2023)
Superseded 7/1/2023
73-10g-103. Creation of the Water Infrastructure Restricted Account.
| (1) |
Terms Used In Utah Code 73-10g-103- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Board: means the Board of Water Resources;
| (2) | "Division" means the Division of Water Resources; and |
| (3) | "Restricted account" means the Water Infrastructure Restricted Account created in Section 73-10g-103. See Utah Code 73-10g-102State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5 |
| (a) |
There is created a restricted account in the General Fund known as the “Water Infrastructure Restricted Account.” |
| (b) |
The restricted account shall earn interest. |
|
| (2) |
The restricted account consists of money generated from the following sources:
| (a) |
voluntary contributions made to the division for the construction, operation, or maintenance of state water projects; |
| (b) |
appropriations made to the fund by the Legislature; and |
| (c) |
interest earned on the restricted account. |
|
| (3) |
Subject to appropriation, the division and the board shall manage the restricted account created in Subsection (1) in accordance with this chapter. |
Enacted by Chapter 458, 2015 General Session
