Section 601 – Small School District Capital Projects Fund.
Effective 3/24/2022 53F-9-601. Small School District Capital Projects Fund. (1) As used in this section: (a) “Capital development project” means the same as that term is defined in Section 63A-5b-401. (b) “Fund” means the Small School District Capital Projects Fund created in this section. (2) (a) There is created a capital projects fund known as […]
Section 302 – Minimum Basic Growth Account.
Affected by 63I-2-253 on 7/1/2023 Effective 3/24/2022 53F-9-302. Minimum Basic Growth Account. (1) As used in this section, “account” means the Minimum Basic Growth Account created in this section. (2) There is created within the Income Tax Fund a restricted account known as the “Minimum Basic Growth Account.” (3) The account shall be funded by […]
Section 303 – Charter School Reserve Account.
Effective 3/24/2022 53F-9-303. Charter School Reserve Account. (1) The terms defined in Section 53G-5-601 apply to this section. (2) There is created within the Income Tax Fund a restricted account known as the “Charter School Reserve Account.” (3) The reserve account consists of: (a) money credited to the account pursuant to Section 53G-5-607; (b) money […]
Section 304 – Underage Drinking and Substance Abuse Prevention Program Restricted Account.
Effective 6/1/2022 53F-9-304. Underage Drinking and Substance Abuse Prevention Program Restricted Account. (1) As used in this section, “account” means the Underage Drinking and Substance Abuse Prevention Program Restricted Account created in this section. (2) There is created within the Income Tax Fund a restricted account known as the “Underage Drinking and Substance Abuse Prevention […]
Section 305 – Local Levy Growth Account.
Affected by 63I-2-253 on 7/1/2023 Effective 3/24/2022 53F-9-305. Local Levy Growth Account. (1) As used in this section, “account” means the Local Levy Growth Account created in this section. (2) There is created within the Income Tax Fund a restricted account known as the “Local Levy Growth Account.” (3) The account shall be funded by: […]
Section 203 – Charter School Revolving Account.
Affected by 63I-1-253 on 7/1/2024 Effective 5/12/2020 53F-9-203. Charter School Revolving Account. (1) (a) The terms defined in Section 53G-5-102 apply to this section. (b) As used in this section, “account” means the Charter School Revolving Account. (2) (a) There is created within the Uniform School Fund a restricted account known as the “Charter School […]
Section 204 – Public Education Economic Stabilization Restricted Account.
Effective 7/1/2022 53F-9-204. Public Education Economic Stabilization Restricted Account. (1) There is created within the Uniform School Fund a restricted account known as the “Public Education Economic Stabilization Restricted Account.” (2) (a) Except as provided in Subsection (2)(b), the account shall be funded from the following revenue sources: (i) 15% of the difference between, as […]
Section 205 – Invest More for Education Account.
Effective 1/24/2018 53F-9-205. Invest More for Education Account. (1) There is created within the Uniform School Fund a restricted account known as the Invest More for Education Account. (2) The account shall be funded by contributions deposited into the restricted account in accordance with Section 59-10-1318. (3) The account shall earn interest. (4) Interest earned […]
Section 206 – School Building Revolving Account — Access to the account.
Effective 5/14/2019 53F-9-206. School Building Revolving Account — Access to the account. (1) (a) There is created within the Uniform School Fund a restricted account known as the “School Building Revolving Account” to provide short-term help to school districts to meet district needs for school building construction and renovation. (b) The state superintendent shall administer […]
Section 301 – Charter School Levy Account.
Effective 3/24/2022 53F-9-301. Charter School Levy Account. (1) (a) The terms defined in Section 53G-5-102 apply to this section. (b) As used in this section, “account” means the Charter School Levy Account created in this section. (2) There is created within the Income Tax Fund a restricted account known as the “Charter School Levy Account.” […]