Utah § 72-2-121.1 - Highway Projects Within Counties Fund -- Accounting for revenues -- Interest -- Expenditure of revenues.

Full text of Utah Utah Code § 72-2-121.1 — Highway Projects Within Counties Fund -- Accounting for revenues -- Interest -- Expenditure of revenues., with citation guidance and answers to common questions.

§ 72-2-121.1. Highway Projects Within Counties Fund -- Accounting for revenues -- Interest -- Expenditure of revenues.

Effective 5/14/2019
72-2-121.1.  Highway Projects Within Counties Fund -- Accounting for revenues -- Interest -- Expenditure of revenues.
(1) There is created a special revenue fund within the Transportation Fund known as the "Highway Projects Within Counties Fund."
(2) The Highway Projects Within Counties Fund shall be funded by revenues generated by a tax imposed by a county under Section 59-12-2216, if those revenues are allocated:
(a) for a state highway within the county; and
(b) in accordance with Section 59-12-2216.
(3) The department shall make a separate accounting for:
(a) the revenues described in Subsection (2); and
(b) each county for which revenues are deposited into the Highway Projects Within Counties Fund.
(4)
(a) The Highway Projects Within Counties Fund shall earn interest.
(b) The department shall allocate the interest earned on the Highway Projects Within Counties Fund:
(i) proportionately;
(ii) to each county's balance in the Highway Projects Within Counties Fund; and
(iii) on the basis of each county's balance in the Highway Projects Within Counties Fund.
(5) The department shall expend the revenues and interest deposited into the Highway Projects Within Counties Fund to pay:
(a) for a state highway project within the county for which the requirements of Subsection 59-12-2216(6) are met;
(b) debt service on a project described in Subsection (5)(a); or
(c) bond issuance costs related to a project described in Subsection (5)(a).


Amended by Chapter 479, 2019 General Session

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

Frequently Asked Questions About Utah § 72-2-121.1

What does Utah Code § 72-2-121.1 cover?

Section 72-2-121.1 ("Highway Projects Within Counties Fund -- Accounting for revenues -- Interest -- Expenditure of revenues.") 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.

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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 § 72-2-121.1 apply to my situation?

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Sources & Verification

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