Renumbered 7/1/2026
183 words·~1 min read·
/ut/title-35a/chapter-8/7-5A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/7/2025
Renumbered 7/1/2026
35A-8-1602. Uintah Basin Revitalization Fund -- Deposits and contents.
(1)In order to maximize the long-term benefit of severance taxes derived from lands held in trust by the United States for the Tribe and the Tribe's members by fostering funding mechanisms that will, consistent with sound financial practices, result in the greatest use of financial resources for the greatest number of citizens of the Uintah Basin, and in order to promote cooperation and coordination between the state, its political subdivisions, Indian tribes, and individuals, firms, and business organizations engaged in the development of oil and gas interests held in trust for the Tribe and the Tribe's members, there is created an expendable special revenue fund entitled the "Uintah Basin Revitalization Fund."
(2)The fund consists of all money deposited to the Revitalization Fund under this part and Section 59-5-116 .
(a)The Revitalization Fund shall earn interest.
(b)All interest earned on fund money shall be deposited into the fund.
Renumbered and Amended by Chapter 393 , 2026 General Session
Amended by Chapter 261 , 2025 General Session