Utah Code Title 32B. Alcoholic Beverage Control Act § 32B-2-307. State Store Land Acquisition and Building Construction Fund

(a) appropriations made to the fund by the Legislature;

(b) in accordance with Subsection (6)(a), proceeds from revenue bonds authorized by Title 63B, Bonds;

(c) subject to Subsection (7)(b), repayments to the fund; and

(d) the interest described in Subsection (4).

(4)(a) The fund shall earn interest.

(b) Interest earned on the fund shall be deposited into the fund.

(a) for construction of new state stores, including to purchase or lease property; and

(b) for maintenance or renovation of existing state stores or facilities.

(6)(a) Before the department spends or commits money from the fund, the department shall:

(b) Following a presentation described in Subsection (6)(a)(i), the Infrastructure and General Government Appropriations Subcommittee shall recommend whether the department spend the money in accordance with the department's presentation.

(7)(a) If the department uses money in the fund for a purpose described in Subsection (5), and subsequently issues a revenue bond for that purpose, the department shall repay the money with proceeds from the revenue bond.

(b) If the department uses money from the fund for a purpose described in Subsection (5), and subsequently uses, instead of issuing bonds, cash funding appropriated by the Legislature to fund that purpose, the department shall reimburse the fund:

(8)(a) If the department uses money from the fund that the Legislature appropriated as a loan to be used for the purposes described in Subsection (5), the department shall repay the money with proceeds from liquor revenue in the Liquor Control Fund, created in Section 32B-2-301:

(b) The department shall make each payment under Subsection (8)(a) before the transfer described in Subsection 32B-2-301(7).