Section 201 – State Finance Review Commission.
Effective 5/4/2022 63C-25-201. State Finance Review Commission. (1) There is created the State Finance Review Commission. (2) The commission shall: (a) as described in this part, approve, review, make recommendations, and monitor borrowing and lending practices and activities; and (b) exercise the powers and perform other duties prescribed for the commission by statute. (3) The […]
Section 202 – Powers and duties.
Effective 5/4/2022 63C-25-202. Powers and duties. (1) The commission shall annually review a report provided in accordance with Section 63B-1-305 or 63B-1a-102. (2) (a) A loan entity other than a loan entity described in Subsection (2)(b) shall no later than January 1 of each year submit information on each revolving loan fund from which the […]
Section 203 – Debt affordability report.
Effective 5/4/2022 63C-25-203. Debt affordability report. (1) No later than November 1 each year, the state treasurer, with assistance from the Governor’s Office of Planning and Budget and the Office of the Legislative Fiscal Analyst, shall prepare and submit a debt affordability report to the commission and the Revenue and Taxation Interim Committee. (2) The […]