HB545 is a bill in the Utah Legislature (2026 General Session): Budgetary Modifications.

What is the status of HB545?

Signed into law as of March 25, 2026. Latest action: Governor Signed (March 25, 2026).

Peterson, Val L. (R, 56), with 1 co-sponsor.

Where is the official record for HB545?

On the Utah Legislature website: https://le.utah.gov/~2026/bills/static/HB0545.html

Utah legislation · 2026 General Session

Utah HB545: Budgetary Modifications

Q: What does HB545 do?

In its own words: A resolution of a bonding government entity that sets forth for proposed bonds: (a) the maximum: (i) amount of bonds; (ii) term; and (iii) interest rate; and (b) the expected security for the bonds. (14) "Public infrastructure district" means a public infrastructure district created under Title 17D, Chapter 4, Public Infrastructure District Act. (15) "Revolving loan fund" means: (a) the Water Resources Conservation and Development Fund, created in Section 73-10-24 ; (b) the Water Resources Construction Fund, created in Section 73-10-8 ; (c) the Clean Fuel Conversion Funds, created in Title 19.

Status: Signed into law, March 25, 2026

This bill modifies provisions related to public funds.

What the bill says

A resolution of a bonding government entity that sets forth for proposed bonds: (a) the maximum: (i) amount of bonds; (ii) term; and (iii) interest rate; and (b) the expected security for the bonds. (14) "Public infrastructure district" means a public infrastructure district created under Title 17D, Chapter 4, Public Infrastructure District Act. (15) "Revolving loan fund" means: (a) the Water Resources Conservation and Development Fund, created in Section 73-10-24 ; (b) the Water Resources Construction Fund, created in Section 73-10-8 ; (c) the Clean Fuel Conversion Funds, created in Title 19.

From the enrolled text, March 11, 2026:

a resolution of a bonding government entity that sets forth for proposed bonds: (a) the maximum: (i) amount of bonds; (ii) term; and (iii) interest rate; and (b) the expected security for the bonds. (14) "Public infrastructure district" means a public infrastructure district created under Title 17D, Chapter 4, Public Infrastructure District Act. (15) "Revolving loan fund" means: (a) the Water Resources Conservation and Development Fund, created in Section 73-10-24 ; (b) the Water Resources Construction Fund, created in Section 73-10-8 ; (c) the Clean Fuel Conversion Funds, created in Title 19, Chapter 1, Part 4, Clean Fuels and Emission Reduction Technology Program Act; (d) the Water Development Security Fund and its subaccounts, created in Section 73-10c-5 ; (e) the Agriculture Resource Development Fund, created in Section 4-18-106 ; (f) the Utah Rural Rehabilitation Fund, created in Section 4-19-105 ; (g) the Permanent Community Impact Fund, created in Section 35A-8-303 ; (h) the Petroleum Storage Tank Fund, created in Section 19-6-409 ; (i) the School Building Revolving Account, created in Section 53F-9-206 ; (j) the State Infrastructure Bank Fund, created in Section 72-2-202 ; (k) the Uintah Basin Revitalization Fund, created in Section 35A-8-1602 ; (l) the Navajo Revitalization Fund, created in Section 35A-8-1704 ; (m) the Energy Efficiency Fund, created in Section 11-45-201 ; (n) the Brownfields Fund, created …

Read the full official text

Utah HB545: Budgetary Modifications

What the bill says

Sponsors

Latest actions

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Common questions