Utah legislation · 2026 General Session
Utah HB405: State Purchasing Reserve Funding
Status: Failed, March 6, 2026
This bill modifies provisions related to state purchasing.
What the bill says
From the substitute text, February 2, 2026:
0 State Purchasing Reserve Funding 2026 GENERAL SESSION STATE OF UTAH Chief Sponsor: Ken Ivory Senate Sponsor: John D. Johnson LONG TITLE General Description: This bill modifies provisions related to state purchasing. Highlighted Provisions: This bill: - establishes an administrative fee on state cooperative contracts; - deposits revenue from the administrative fee into a restricted account called the State Purchasing Reserve Restricted Account (account); - directs the state treasurer to invest money in the account in precious metals; and - authorizes the money in the account to be used for the purpose of offsetting the cost of procuring goods and services for specified public entities and ensuring continuity in the public entities' procurement of goods and services, if certain inflation metrics are met. Money Appropriated in this Bill: None Other Special Clauses: None Utah Code Sections Affected: AMENDS: 51-7-2 Effective 05/06/26 Partially Repealed 07/01/28 , as last amended by Laws of Utah 2025, First Special Session, Chapter 9 63G-6a-2105 Effective 05/06/26 , as last amended by Laws of Utah 2016, Chapters 348, 355 ENACTS: 67-4-20 Effective 05/06/26 , Utah Code Annotated 1953 Be it enacted by the Legislature of the state of Utah: Section 1. Section 51-7-2 is amended to read: 51-7-2 Effective 05/06/26 Partially Repealed 07/01/28 . Exemptions from chapter. (1) Except as provided in Subsection (2) , the …
Sponsors
- Ivory, Ken (R, 39) · primary sponsor
- Johnson, John D. (R, 3)
Latest actions
- : House/ filed
- : House/ received from Senate
- : Senate/ to House
- : Senate/ strike enacting clause
- : Senate/ comm rpt/ sent to Rules
- : Senate Comm - Recommends Returned to Rules
- : Senate Comm - Not Considered
- : Senate/ to standing committee
- : Senate/ 1st reading (Introduced)
- : Senate/ received from House
Votes
- House/ passed 3rd reading (February 20, 2026): 42 yea, 23 nay, passed
- House Comm - Favorable Recommendation (February 12, 2026): 7 yea, 2 nay, passed
Subjects: Government Operations (State Issues), Mining, Revenue, Contracts and Obligations, State Treasurer
Common questions
- What is HB405?
- HB405 is a bill in the Utah Legislature (2026 General Session): State Purchasing Reserve Funding.
- What does HB405 do?
- This bill modifies provisions related to state purchasing.
- What is the status of HB405?
- Failed as of March 6, 2026. Latest action: House/ filed (March 6, 2026).
- Who sponsored HB405?
- Ivory, Ken (R, 39), with 1 co-sponsor.
- Where is the official record for HB405?
- On the Utah Legislature website: https://le.utah.gov/~2026/bills/static/HB0405.html
Source: official Utah record. Tracked by Delilah, AI for legislation across all 50 states and Congress.