Rep. Norm Thurston — Voting Record

Bill

Number

H.B. 89 (2017GS)

Sponsor

Rep. Knotwell, J.

Final action

Governor Signed 3/25/2017

Outcome

Became law — signed by Gov. Gary R. Herbert

Summary

What it does

• This bill:
• modifies the reporting requirements for a local political subdivision that collects an impact fee; and
• makes technical and conforming changes.

Every vote on this bill

Bill text

IMPACT FEE REPORTING REQUIREMENTS
GENERAL SESSION
STATE OF UTAH
Chief Sponsor: John Knotwell
Senate Sponsor: 
Daniel Hemmert
LONG TITLE
General Description:
This bill amends provisions related to impact fees.
Highlighted Provisions:
This bill:
▸ modifies the reporting requirements for a local political subdivision that collects an
impact fee; and
▸ makes technical and conforming changes.
Money Appropriated in this Bill:
None
Other Special Clauses:
None
Utah Code Sections Affected:
AMENDS:
11-36a-601
, as enacted by Laws of Utah 2011, Chapter 47
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
11-36a-601
 is amended to read:
11-36a-601.
Accounting of impact fees.
A local political subdivision that collects an impact fee shall:
(1) establish a separate interest bearing ledger account for each type of public facility
for which an impact fee is collected;
(2) deposit a receipt for an impact fee in the appropriate ledger account established
under Subsection (1);
(3) retain the interest earned on each fund or ledger account in the fund or ledger
account;
(4) at the end of each fiscal year, prepare a report [
on
] 
that:
(a) for
 each fund or ledger account [
showing
]
, shows
:
[
(a)
] 
(i)
 the source and amount of all money collected, earned, and received by the fund
or ledger account 
during the fiscal year
; and
[
(b)
] 
(ii)
 each expenditure from the fund or ledger account; [
and
]
[
(5) produce a report that:
]
(b) accounts for all impact fee funds that the local political subdivision has on hand at
the end of the fiscal year;
[
(a)
] 
(c)
 identifies 
the
 impact fee funds 
described in Subsection (4)(b)
 by
:
(i)
 the year in which [
they
] 
the impact fee funds
 were received[
,
]
;
(ii)
 the project from which the 
impact fee
 funds were collected[
, the impact fee
projects
]
;
(iii) the project
 for which the 
impact fee
 funds [
were
] 
are
 budgeted[
,
]
;
 and
(iv)
 the projected schedule for expenditure; 
and
[
(b)
] 
(d)
 is
:
(i)
 in a format developed by the state auditor;
[
(c) is
] 
(ii)
 certified by the local political subdivision's chief financial officer; and
[
(d) is
] 
(iii)
 transmitted [
annually
] to the state auditor 
within 180 days after the day on
which the fiscal year ends
.