(1) There is created a restricted account within the General Fund known as the Homeless to Housing Reform Restricted Account. (2) The restricted account shall be administered by the office for the purposes described in Section 35A-16-302. (3) The state treasurer shall invest the money in the restricted account according to the procedures and requirements of Title 51, Chapter 7, State Money Management Act, except that interest and other earnings derived from the restricted account shall be deposited into the restricted account. (4) The restricted account shall be funded by: (a) appropriations made to the account by the Legislature; and (b) private donations, grants, gifts, bequests, or money made available from any other source to implement this section and Section 35A-16-302. (5) Subject to appropriation, the coordinator shall use restricted account money as described in Section 35A-16-302.
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.