72-2-107 - Appropriation from Transportation Fund -- Deposit in class B and class C roads account.

72-2-107. Appropriation from Transportation Fund -- Deposit in class B and classC roads account.
(1) There is appropriated to the department from the Transportation Fund annually anamount equal to 30% of an amount which the director of finance shall compute in the followingmanner: The total revenue deposited into the Transportation Fund during the fiscal year fromstate highway-user taxes and fees, minus:
(a) those amounts appropriated or transferred from the Transportation Fund during thesame fiscal year to:
(i) the Department of Public Safety;
(ii) the State Tax Commission;
(iii) the Division of Finance;
(iv) the Utah Travel Council; and
(v) any other amounts appropriated or transferred for any other state agencies not a partof the department; and
(b) the amount of sales and use tax revenue deposited in the Transportation Fund inaccordance with Section 59-12-103.
(2) (a) Except as provided in Subsection (2)(b), all of this money shall be placed in anaccount to be known as the class B and class C roads account to be used as provided in this title.
(b) The director of finance shall annually transfer $500,000 of the amount calculatedunder Subsection (1) to the department as dedicated credits for the State Park Access HighwaysImprovement Program created in Section 72-3-207.
(3) Each quarter of every year the director of finance shall make the necessary accountingentries to transfer the money appropriated under this section to the class B and class C roadsaccount.
(4) The funds in the class B and class C roads account shall be expended under thedirection of the department as the Legislature shall provide.

Amended by Chapter 391, 2010 General Session