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S.B. 159 Enrolled

             1     

STATE FAIR PARK RISK MANAGEMENT

             2     
2012 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Lyle W. Hillyard

             5     
House Sponsor: Jack R. Draxler

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill modifies the Utah State Fair Corporation Act by allowing the state fair park to
             10      be covered under the state Risk Management Fund.
             11      Highlighted Provisions:
             12          This bill:
             13          .    allows the state fair park to be covered under the state Risk Management Fund; and
             14          .    makes technical changes.
             15      Money Appropriated in this Bill:
             16          None
             17      Other Special Clauses:
             18          This bill provides an immediate effective date.
             19      Utah Code Sections Affected:
             20      AMENDS:
             21          63H-6-103, as renumbered and amended by Laws of Utah 2011, Chapter 370
             22     
             23      Be it enacted by the Legislature of the state of Utah:
             24          Section 1. Section 63H-6-103 is amended to read:
             25           63H-6-103. Utah State Fair Corporation -- Legal status -- Powers.
             26          (1) There is created an independent public nonprofit corporation known as the "Utah
             27      State Fair Corporation."
             28          (2) The board shall file articles of incorporation for the corporation with the Division
             29      of Corporations and Commercial Code.


             30          (3) The corporation, subject to this chapter, has all powers and authority permitted
             31      nonprofit corporations by law.
             32          (4) The corporation shall, subject to approval of the board:
             33          (a) have general management, supervision, and control over all activities relating to the
             34      state fair and have charge of all state expositions except as otherwise provided by statute;
             35          (b) for public entertainment, displays, and exhibits or similar events:
             36          (i) provide, sponsor, or arrange the events;
             37          (ii) publicize and promote the events; and
             38          (iii) secure funds to cover the cost of the exhibits from:
             39          (A) private contributions;
             40          (B) public appropriations;
             41          (C) admission charges; and
             42          (D) other lawful means;
             43          (c) establish the time, place, and purpose of state expositions; and
             44          (d) acquire and designate exposition sites.
             45          (5) (a) The corporation shall:
             46          (i) use generally accepted accounting [principals] principles in accounting for its assets,
             47      liabilities, and operations;
             48          (ii) seek corporate sponsorships for the state fair park and for individual buildings or
             49      facilities within the fair park;
             50          (iii) work with county and municipal governments, the Salt Lake Convention and
             51      Visitor's Bureau, the Utah Travel Council, and other entities to develop and promote
             52      expositions and the use of the state fair park;
             53          (iv) develop and maintain a marketing program to promote expositions and the use of
             54      the state fair park;
             55          (v) in cooperation with the Division of Facilities Construction and Management,
             56      maintain the physical appearance and structural integrity of the state fair park and the buildings
             57      located at the state fair park;


             58          (vi) hold an annual exhibition that:
             59          (A) is called the state fair or a similar name;
             60          (B) includes expositions of livestock, poultry, agricultural, domestic science,
             61      horticultural, floricultural, mineral, and industrial products, manufactured articles, and
             62      domestic animals that, in the corporation's opinion will best stimulate agricultural, industrial,
             63      artistic, and educational pursuits and the sharing of talents among the people of Utah;
             64          (C) includes the award of premiums for the best specimens of the exhibited articles and
             65      animals;
             66          (D) permits competition by livestock exhibited by citizens of other states and territories
             67      of the United States; and
             68          (E) is arranged according to plans approved by the board;
             69          (vii) fix the conditions of entry to the exposition described in Subsection (5)(a)(vi); and
             70          (viii) publish a list of premiums that will be awarded at the exhibition described in
             71      Subsection (5)(a)(vi) for the best specimens of exhibited articles and animals.
             72          (b) In addition to the state fair to be held in accordance with Subsection (5)(a)(vi), the
             73      corporation may hold other exhibitions of livestock, poultry, agricultural, domestic science,
             74      horticultural, floricultural, mineral, and industrial products, manufactured articles, and
             75      domestic animals that, in its opinion, will best stimulate agricultural, industrial, artistic, and
             76      educational pursuits and the sharing of talents among the people of Utah.
             77          (6) The corporation may:
             78          (a) employ advisers, consultants, and agents, including financial experts and
             79      independent legal counsel, and fix their compensation;
             80          (b) (i) participate in the state's Risk Management Fund created under Section
             81      63A-4-201 ; or
             82          [(b)] (ii) procure insurance against any loss in connection with its property and other
             83      assets, including mortgage loans;
             84          (c) receive and accept aid or contributions of money, property, labor, or other things of
             85      value from any source, including any grants or appropriations from any department, agency, or


             86      instrumentality of the United States or Utah;
             87          (d) hold, use, loan, grant, and apply that aid and those contributions to carry out the
             88      purposes of the corporation, subject to the conditions, if any, upon which the aid and
             89      contributions were made;
             90          (e) enter into management agreements with any person or entity for the performance of
             91      its functions or powers;
             92          (f) establish whatever accounts and procedures as necessary to budget, receive, and
             93      disburse, account for, and audit all funds received, appropriated, or generated;
             94          (g) enter into agreements for the leasing of any of the facilities at the state fair park, if
             95      approved by the board; and
             96          (h) sponsor events as approved by the board.
             97          (7) (a) Except as provided in Subsection (7)(c), as an independent agency of Utah, the
             98      corporation is exempt from:
             99          (i) Title 51, Chapter 5, Funds Consolidation Act;
             100          (ii) Title 51, Chapter 7, State Money Management Act;
             101          (iii) Title 63A, Utah Administrative Services Code;
             102          (iv) Title 63G, Chapter 6, Utah Procurement Code;
             103          (v) Title 63J, Chapter 1, Budgetary Procedures Act; and
             104          (vi) Title 67, Chapter 19, Utah State Personnel Management Act.
             105          (b) The board shall adopt policies parallel to and consistent with:
             106          (i) Title 51, Chapter 5, Funds Consolidation Act;
             107          (ii) Title 51, Chapter 7, State Money Management Act;
             108          (iii) Title 63A, Utah Administrative Services Code;
             109          (iv) Title 63G, Chapter 6, Utah Procurement Code; and
             110          (v) Title 63J, Chapter 1, Budgetary Procedures Act.
             111          (c) The corporation shall comply with the legislative approval requirements for new
             112      facilities established in Subsection 63A-5-104 (3).
             113          Section 2. Effective date.


             114          If approved by two-thirds of all the members elected to each house, this bill takes effect
             115      upon approval by the governor, or the day following the constitutional time limit of Utah
             116      Constitution Article VII, Section 8, without the governor's signature, or in the case of a veto,
             117      the date of veto override.


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