All Roll Calls
Yes: 122 • No: 0
UtahH.B. 102025 General SessionHouseWALLET
Fund and Account Modifications
Sponsored By: Val L. Peterson (Republican)
Signed by Governor
Public Funds and AccountsPublic BudgetingControlled SubstancesHealth and Human ServicesJudicial OperationsLegislative OperationsDepartment of Government OperationsGovernment Operations (State Issues)AppropriationsConstitutional OfficersDivision of FinanceOpioidsState TreasurerCivil Litigation
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 0 benefits, 0 costs, 3 mixed.
Utah protects opioid money, allows fees
Beginning July 1, 2025, Utah replaces its opioid proceeds account with a permanent fund for Utah residents. It receives money from designated opioid cases and multistate opioid judgments, settlements, or compromises after related expenses are repaid. The treasurer invests for long-term growth and stability; lawmakers cannot spend principal, the fund's protected base. Other money requires legislative approval and must address alleged opioid-law violations or follow applicable settlement terms. Most Utah Money Management Act rules no longer apply, except Section 51-7-14(2) and (3); management costs can come from earnings.
Liquor profits reach state budget later
Effective May 7, 2025, Utah moves its annual liquor-profit transfer deadline from September 1 to September 30. After each fiscal year, the Division of Finance transfers net profits to the General Fund. The amount covers profits since the prior transfer and accounts for cash needed to run liquor operations.
Utah investment earnings cover management costs
Beginning July 1, 2025, Utah creates the State Treasurer Investment Management Account within the General Fund. It pays only the treasurer's costs of managing state and local government investments. Quarterly deposits use earnings from specified state funds and the Public Treasurers' Investment Fund, leaving less in source funds. Annual deposits cannot exceed the amount lawmakers approve for that fiscal year. Unused balances return to the General Fund and Income Tax Fund in proportion to their shares of deposits.
Sponsors & Cosponsors
Sponsor
Val L. Peterson
Republican • House
Cosponsors
Jerry W Stevenson
Republican • Senate
Roll Call Votes
Senate vote • 3/5/2025
Senate/ passed 2nd & 3rd readings/ suspension
Yes: 26 • No: 0
House vote • 3/4/2025
House/ passed 3rd reading
Yes: 73 • No: 0
House vote • 3/3/2025
House Comm - Amendment Recommendation
Yes: 11 • No: 0
House vote • 3/3/2025
House Comm - Favorable Recommendation
Yes: 12 • No: 0
Actions Timeline
Governor Signed
3/25/2025House/ to Governor
3/12/2025HouseHouse/ received enrolled bill from Printing
3/12/2025HouseHouse/ enrolled bill to Printing
3/7/2025HouseEnrolled Bill Returned to House or Senate
3/7/2025Draft of Enrolled Bill Prepared
3/5/2025Bill Received from House for Enrolling
3/5/2025House/ signed by Speaker/ sent for enrolling
3/5/2025HouseHouse/ received from Senate
3/5/2025HouseSenate/ to House
3/5/2025SenateSenate/ signed by President/ returned to House
3/5/2025SenateSenate/ passed 2nd & 3rd readings/ suspension
3/5/2025SenateSenate/ 2nd & 3rd readings/ suspension
3/5/2025SenateSenate/ Rules to 2nd Reading Calendar
3/5/2025SenateSenate/ 1st reading (Introduced)
3/4/2025SenateSenate/ received from House
3/4/2025SenateHouse/ to Senate
3/4/2025HouseHouse/ passed 3rd reading
3/4/2025HouseHouse/ 3rd reading
3/4/2025HouseHouse/ 2nd reading
3/4/2025HouseHouse/ comm rpt/ amended
3/4/2025HouseHouse Comm - Favorable Recommendation
3/3/2025HouseHouse Comm - Amendment Recommendation
3/3/2025HouseHouse/ to standing committee
3/3/2025HouseHouse/ 1st reading (Introduced)
3/3/2025House
Bill Text
Enrolled
3/7/2025
Amended 3/4/2025 09:03:287
3/4/2025
Introduced
3/2/2025