Utah § 17-78-705 - Reserve fund authorized -- Use of collected funds -- Limitation on surplus in fund.

Full text of Utah Utah Code § 17-78-705 — Reserve fund authorized -- Use of collected funds -- Limitation on surplus in fund., with citation guidance and answers to common questions.

§ 17-78-705. Reserve fund authorized -- Use of collected funds -- Limitation on surplus in fund.

Effective 11/6/2025
17-78-705.  Reserve fund authorized -- Use of collected funds -- Limitation on surplus in fund.
(1)The county legislative body may create a reserve fund.
(2)
(a)Subject to Subsections (2)(b) and (c), a county legislative body shall retain any transient room tax funds collected but not expended during any fiscal year in the reserve fund to be used in accordance with Sections 17-78-702, 17-78-703, and 17-78-705.
(b)Except as described in Subsection (2)(c), accumulated unappropriated surplus in the reserve fund, as determined before the county's adoption of a tentative budget, may not exceed 50% of the total transient room tax revenue for the current fiscal year.
(c)For a fiscal year beginning on or after July 1, 2019, and ending on or before July 1, 2023:
(i)if a county receives more than 150% of total transient room tax revenue in the fiscal year compared to the total transient room tax revenue received in the previous fiscal year, accumulated unappropriated surplus in the reserve fund, as determined before the county's adoption of a tentative budget, may not exceed 50% of the total transient room tax revenue for the previous fiscal year plus an amount equal to the total transient room tax revenue that is more than 100% of total transient room tax revenue from the previous fiscal year; and
(ii)if a county adds to the county's reserve fund an amount equal to the total transient room tax revenue that is more than 100% of total transient room tax revenue from the previous fiscal year as authorized in Subsection (2)(c)(i), the county may expend that additional reserve fund money for visitor management and destination development subject to the requirements described in Section 17-78-702.


Renumbered and Amended by Chapter 14, 2025 Special Session 1

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 17-78-705

What does Utah Code § 17-78-705 cover?

Section 17-78-705 ("Reserve fund authorized -- Use of collected funds -- Limitation on surplus in fund.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 17-78-705?

A common citation format is "Utah Code § 17-78-705" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 17-78-705 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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