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2025 Utah Code
Title 79 - Natural Resources
Chapter 3 - Utah Geological Survey
Part 4 - Finances
Section 403 - Utah Geological Survey Restricted Account.
Universal Citation:
UT Code § 79-3-403 (2025)
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Effective 7/1/2024
79-3-403. Utah Geological Survey Restricted Account.
Amended by Chapter 88, 2024 General Session
79-3-403. Utah Geological Survey Restricted Account.
- (1)As used in this section:
- (a)"Account" means the Utah Geological Survey Restricted Account created by this section.
- (b)"Survey" means the Utah Geological Survey.
- (2)
- (a)There is created a restricted account within the General Fund known as the "Utah Geological Survey Restricted Account."
- (b)The account consists of:
- (i)deposits to the account made under Section 51-9-306;
- (ii)deposits to the account made under Section 59-21-2;
- (iii)appropriations of the Legislature; and
- (iv)interest and other earnings described in Subsection (2)(c).
- (c)The Office of the Treasurer shall deposit interest and other earnings derived from investment of money in the account into the account.
- (3)
- (a)Upon appropriation by the Legislature, the survey shall use money from the account to pay costs of:
- (i)programs or projects administered by the survey that are primarily related to oil, gas, and mining; and
- (ii)activities carried on by the survey having as a purpose the development and exploitation of natural resources in the state.
- (b)An appropriation provided for under this section is not intended to replace the following that is otherwise allocated for the programs or projects described in Subsection (3)(a)(i):
- (i)federal money; or
- (ii)a dedicated credit.
- (a)Upon appropriation by the Legislature, the survey shall use money from the account to pay costs of:
- (4)Appropriations made in accordance with this section are nonlapsing in accordance with Section 63J-1-602.1.
Amended by Chapter 88, 2024 General Session
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