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Utah Code Title 73. Water and Irrigation § 73-10g-107. Water Infrastructure Fund

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) There is created an enterprise fund known as the “Water Infrastructure Fund,” which is referred to in this section as the “fund.”

(2) The fund shall consist of:

(a) appropriations from the Legislature;

(b) money from the federal government;

(c) grants or donations from a person;

(d) money made available to the state for purposes of water infrastructure projects from any source;

(e) money received for the repayment of loans made from the fund; and

(f) interest and earnings on the fund.

(3) The state treasurer shall invest the money in the fund according to Title 51, Chapter 7, State Money Management Act, except that interest or other earnings derived from those investments shall be deposited into the fund.

(4)(a) The Water Development Coordinating Council may use money in the fund to pay for the costs of administering Part 6, Planning and Prioritization, including staff directly related to the activities of the Water Development Coordinating Council under Part 6, Planning and Prioritization.

(b) The division may use money in the fund to pay for the costs of the study required by Section 73-10-39.

(c) Fund money may be used to issue loans or grants prioritized in accordance with Section 73-10g-603.

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Cite this article: FindLaw.com - Utah Code Title 73. Water and Irrigation § 73-10g-107. Water Infrastructure Fund - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-73-water-and-irrigation/ut-code-sect-73-10g-107/

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