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     Committee Note:
9          The Revenue and Taxation Interim Committee recommended this bill.
10     General Description:
11          This bill addresses the expenditure of revenues deposited into the Aeronautics
12     Restricted Account.
13     Highlighted Provisions:
14          This bill:
15          ▸     addresses the expenditure of revenues deposited into the Aeronautics Restricted
16     Account; and
17          ▸     makes technical and conforming changes.
18     Money Appropriated in this Bill:
19          None
20     Other Special Clauses:
21          None
22     Utah Code Sections Affected:
23     AMENDS:
24          72-2-126, as enacted by Laws of Utah 2009, Chapter 358
25     

26     Be it enacted by the Legislature of the state of Utah:
27          Section 1. Section 72-2-126 is amended to read:
28          72-2-126. Aeronautics Restricted Account.
29          (1) There is created a restricted account entitled the Aeronautics Restricted Account
30     within the Transportation Fund.
31          (2) The account consists of money generated from the following revenue sources:
32          (a) aviation fuel tax allocated for aeronautical operations deposited into the account in
33     accordance with Section 59-13-402;
34          (b) aircraft registration fees deposited into the account in accordance with Section
35     72-10-110;
36          (c) appropriations made to the account by the Legislature;
37          (d) contributions from other public and private sources for deposit into the account;
38     and
39          (e) interest earned on account money.
40          (3) The department shall allocate funds in the account to the separate accounts of
41     individual airports as required under Section 59-13-402.
42          (4) [The] (a) Except as provided in Subsection (4)(b), the department shall use funds
43     in the account for:
44          [(a)] (i) the construction, improvement, operation, and maintenance of publicly used
45     airports in this state;
46          [(b)] (ii) the payment of principal and interest on indebtedness incurred for the
47     purposes described in Subsection (4)(a);
48          [(c)] (iii) operation of the division of aeronautics;
49          [(d)] (iv) the promotion of aeronautics in this state; and
50          [(e)] (v) the payment of the costs and expenses of the Department of Transportation in
51     administering Title 59, Chapter 13, Part 4, Aviation Fuel [Tax], or [other] another law
52     conferring upon it the duty of regulating and supervising aeronautics in this state[; and].
53          [(f) the support of aerial search and rescue operations.]
54          (b) The department may use funds in the account for the support of aerial search and
55     rescue operations, provided that no money deposited into the account under Subsection (2)(a)
56     is used for that purpose.
57          (5) (a) Money in the account may not be used by the department for the purchase of
58     aircraft for purposes other than those described in [Subsections (4)(a) through (f).] Subsection
59     (4).
60          (b) Money in the account may not be used to provide or subsidize direct operating costs
61     of travel for purposes other than those described in [Subsections (4)(a) through (f).] Subsection
62     (4).




Legislative Review Note
Office of Legislative Research and General Counsel