Download Zipped Introduced WordPerfect SB0237.ZIP
[Status][Bill Documents][Fiscal Note][Bills Directory]

S.B. 237

             1     

TRANSITION FOR REPEALED NAVAJO TRUST FUND ACT

             2     
AMENDMENTS

             3     
2010 GENERAL SESSION

             4     
STATE OF UTAH

             5     
Chief Sponsor: David P. Hinkins

             6     
House Sponsor: Christine F. Watkins

             7     
             8      LONG TITLE
             9      General Description:
             10          This bill amends the Transition for Repealed Navajo Trust Fund Act.
             11      Highlighted Provisions:
             12          This bill:
             13          .    addresses receipt of litigation related monies; and
             14          .    modifies a date related to qualifying for receipt of money for postsecondary
             15      education.
             16      Monies Appropriated in this Bill:
             17          None
             18      Other Special Clauses:
             19          None
             20      Utah Code Sections Affected:
             21      AMENDS:
             22          51-9-504, as last amended by Laws of Utah 2009, Chapter 356
             23     
             24      Be it enacted by the Legislature of the state of Utah:
             25          Section 1. Section 51-9-504 is amended to read:
             26           51-9-504. Utah Navajo royalties and related issues.
             27          (1) (a) Notwithstanding Title 63, Chapter 88, Navajo Trust Fund, repealed July 1,


             28      2008, and except as provided in Subsection (7), the following are subject to this Subsection (1):
             29          (i) the repealed board of trustees;
             30          (ii) the repealed trust administrator;
             31          (iii) an employee or agent of the repealed Navajo Trust Fund; or
             32          (iv) the repealed Dineh Committee.
             33          (b) The repealed board of trustees may not:
             34          (i) beginning on March 17, 2008, take an action that imposes or may impose a liability
             35      or obligation described in Subsection (1)(d) that is:
             36          (A) anticipated to be completed on or after January 1, 2010; or
             37          (B) equal to or greater than $100,000;
             38          (ii) on or after May 5, 2008, take an action that imposes or may impose a liability or
             39      obligation described in Subsection (1)(d).
             40          (c) On or after March 17, 2008 a person described in Subsections (1)(a)(ii) through (iv)
             41      may not take an action that imposes or may impose a liability or obligation described in
             42      Subsection (1)(d).
             43          (d) Subsection (1)(b) applies to a liability or obligation on:
             44          (i) the repealed Navajo Trust Fund;
             45          (ii) the Navajo Revitalization Fund created under Title 9, Chapter 11, Navajo
             46      Revitalization Fund Act;
             47          (iii) the state; or
             48          (iv) any of the following related to an entity described in this Subsection (1)(d):
             49          (A) a department;
             50          (B) a division;
             51          (C) an office;
             52          (D) a committee;
             53          (E) a board;
             54          (F) an officer;
             55          (G) an employee; or
             56          (H) a similar agency or individual.
             57          (2) The Division of Finance shall:
             58          (a) establish a fund by no later than July 1, 2008:


             59          (i) to hold:
             60          (A) the monies in the repealed Navajo Trust Fund as of June 30, 2008;
             61          (B) Utah Navajo royalties received by the state on or after July 1, 2008;
             62          (C) revenues from investments made by the state treasurer of the monies in the fund
             63      established under this Subsection (2)(a); [and]
             64          (D) monies owed to the repealed Navajo Trust Fund, including monies received by the
             65      repealed trust administrator or repealed Dineh Committee from an agreement executed by:
             66          (I) the repealed board of trustees;
             67          (II) the repealed trust administrator; or
             68          (III) the repealed Dineh Committee; and
             69          (E) monies related to litigation, including settlement of litigation related to Utah
             70      Navajo royalties; and
             71          (ii) from which monies may not be transferred or expended, except:
             72          (A) as provided in Subsection (7); or
             73          (B) as authorized by congressional action to designate a new recipient of the Utah
             74      Navajo royalties; and
             75          (b) by no later than July 1, 2008, transfer to the fund created under Subsection (2)(a) in
             76      a manner consistent with this section the related assets and liabilities of the repealed Navajo
             77      Trust Fund, including the transfer of monies in the repealed Navajo Trust Fund.
             78          (3) The state treasurer shall invest monies in the fund created in Subsection (2)(a) in
             79      accordance with Title 51, Chapter 7, State Money Management Act.
             80          (4) (a) By no later than May 5, 2008, the repealed board of trustees shall:
             81          (i) adopt a list of all related assets and liabilities of the repealed trust fund that are not
             82      satisfied by May 5, 2008, which may include assets and liabilities that are contingent in nature
             83      or amount;
             84          (ii) adopt a list of all individuals who at the time of adoption meet the requirements of
             85      Subsection (7)(b); and
             86          (iii) provide a copy of the lists described in Subsections (4)(a)(i) and (ii) to:
             87          (A) the state auditor; and
             88          (B) the Department of Administrative Services.
             89          (b) The state auditor, in addition to completing its Fiscal Year 2007-2008 audit of the


             90      repealed Navajo Trust Fund, shall:
             91          (i) verify the list of the related assets and liabilities of the repealed Navajo Trust Fund
             92      adopted by the repealed board of trustees under Subsection (4)(a) by no later than June 30,
             93      2008; and
             94          (ii) provide a written copy of the verification to the governor and the Legislature by no
             95      later than July 30, 2008.
             96          (5) The governor shall ensure that the reporting requirements under P.L. 90-306, 82
             97      Stat. 121, are met.
             98          (6) The Department of Administrative Services, in cooperation with the Department of
             99      Human Resources, may assist employees of the repealed Navajo Trust Fund as of June 30,
             100      2008, in accordance with Title 67, Chapter 19, Utah State Personnel Management Act.
             101          (7) With the fund created under Subsection (2) and the fixed assets of the repealed
             102      Navajo Trust Fund, the Department of Administrative Services shall:
             103          (a) fulfill the liabilities and obligations of the repealed Navajo Trust Fund as of June
             104      30, 2008;
             105          (b) provide monies to an individual enrolled member of the Navajo Nation who:
             106          (i) resides in San Juan County;
             107          (ii) as of June 30, [2010] 2012, has received monies under this Subsection (7)(b) for
             108      postsecondary education;
             109          (iii) beginning the later of June 30 or the day on which the individual first receives
             110      monies under this Subsection (7)(b), is enrolled in postsecondary education for the equivalent
             111      of at least two semesters each year; and
             112          (iv) meets the eligibility requirements adopted by the repealed board of trustees as of
             113      March 17, 2008;
             114          (c) through the Division of Facilities Construction and Management, reasonably
             115      maintain the fixed assets of the repealed Navajo Trust Fund, to the extent that a lessee of a
             116      fixed asset is not required by a lease to maintain a fixed asset;
             117          (d) through the Division of Facilities Construction and Management, take those steps
             118      necessary to secure the purchase:
             119          (i) of the following that is owned by the repealed Navajo Trust Fund as of May 5,
             120      2008:


             121          (A) the government service building; or
             122          (B) another fixed asset of the repealed Navajo Trust Fund, if the sale of the fixed asset
             123      is consistent with the obligations of the state with regard to the Utah Navajo royalties; and
             124          (ii) (A) in an arms length manner; and
             125          (B) so that fair market compensation is paid to the repealed Navajo Trust Fund; and
             126          (e) charge the fund established under Subsection (2)(a) for the expenses that are
             127      necessary and reasonable to comply with the requirements of this Subsection (7).
             128          (8) Unless expressly prohibited by this part, the state may take any action with regard
             129      to the assets held by the state under this part that is consistent with the obligations of the state
             130      related to the Utah Navajo royalties.




Legislative Review Note
    as of 2-26-10 11:41 AM


Office of Legislative Research and General Counsel


[Bill Documents][Bills Directory]