HB138 Federal Receipts Reporting Requirements (2011)

This bill requires all state agencies to report the percentage of their budgets that are made up of federal funds and to put in place a contingency plan in the event that federal funds were to diminish. National credit rating agencies commented on this legislation as a reason for not even reviewing Utah for a downgrade of our AAA bond rating saving the state tens of millions of dollars. 

VIEW HB138 HERE

VIEW THE INITIAL RESULTS OF REPORTING HERE

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