1     
AERONAUTICS RESTRICTED ACCOUNT AMENDMENTS

2     
2016 GENERAL SESSION

3     
STATE OF UTAH

4     
Chief Sponsor: Jon E. Stanard

5     
Senate Sponsor: Wayne A. Harper

6     

7     LONG TITLE
8     General Description:
9          This bill addresses the expenditure of revenues deposited into the Aeronautics
10     Restricted Account.
11     Highlighted Provisions:
12          This bill:
13          ▸     addresses the expenditure of revenues deposited into the Aeronautics Restricted
14     Account; and
15          ▸     makes technical and conforming changes.
16     Money Appropriated in this Bill:
17          None
18     Other Special Clauses:
19          None
20     Utah Code Sections Affected:
21     AMENDS:
22          72-2-126, as enacted by Laws of Utah 2009, Chapter 358
23     

24     Be it enacted by the Legislature of the state of Utah:
25          Section 1. Section 72-2-126 is amended to read:
26          72-2-126. Aeronautics Restricted Account.
27          (1) There is created a restricted account entitled the Aeronautics Restricted Account
28     within the Transportation Fund.
29          (2) The account consists of money generated from the following revenue sources:
30          (a) aviation fuel tax allocated for aeronautical operations deposited into the account in
31     accordance with Section 59-13-402;
32          (b) aircraft registration fees deposited into the account in accordance with Section
33     72-10-110;
34          (c) appropriations made to the account by the Legislature;
35          (d) contributions from other public and private sources for deposit into the account;
36     and
37          (e) interest earned on account money.
38          (3) The department shall allocate funds in the account to the separate accounts of
39     individual airports as required under Section 59-13-402.
40          (4) [The] (a) Except as provided in Subsection (4)(b), the department shall use funds
41     in the account for:
42          [(a)] (i) the construction, improvement, operation, and maintenance of publicly used
43     airports in this state;
44          [(b)] (ii) the payment of principal and interest on indebtedness incurred for the
45     purposes described in Subsection (4)(a);
46          [(c)] (iii) operation of the division of aeronautics;
47          [(d)] (iv) the promotion of aeronautics in this state; and
48          [(e)] (v) the payment of the costs and expenses of the Department of Transportation in
49     administering Title 59, Chapter 13, Part 4, Aviation Fuel [Tax], or [other] another law
50     conferring upon it the duty of regulating and supervising aeronautics in this state[; and].
51          [(f) the support of aerial search and rescue operations.]
52          (b) The department may use funds in the account for the support of aerial search and
53     rescue operations, provided that no money deposited into the account under Subsection (2)(a)
54     is used for that purpose.
55          (5) (a) Money in the account may not be used by the department for the purchase of
56     aircraft for purposes other than those described in [Subsections (4)(a) through (f).] Subsection
57     (4).
58          (b) Money in the account may not be used to provide or subsidize direct operating costs
59     of travel for purposes other than those described in [Subsections (4)(a) through (f).] Subsection
60     (4).