72-2-136. Convention Center Reserves Restricted Account.
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Effective 5/6/2026
72-2-136. Convention Center Reserves Restricted Account.
(1)As used in this section, "convention center" means a convention center owned by a county of the first class within a city of the first class.
(2)There is created within the Transportation Fund a restricted account known as the "Convention Center Reserves Restricted Account."
(3)The account consists of:
(a)revenue transferred to the account in accordance with Subsection 72-2-124(4)(d) ; and
(b)amounts appropriated by the Legislature.
(4)Subject to appropriation, money in the account may be used:
(a)for revitalization of a convention center and surrounding revitalization projects related to the convention center; or
(b)for securing the issuance of the debt of a county of the first class for a convention center in an amount that does not exceed $1,600,000,000.
Enacted by Chapter 371 , 2026 General Session