Utah Code § 63J-5-301

Current through the 2024 Fourth Special Session

Section 63J-5-301 - Definitions

As used in this part:

(1) "Federal receipts" means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501, that is reported as part of a single audit.

(2) "Qualifying agency" means an agency that, in a single fiscal year, has federal receipts composing more than 33% of the agency's total budget.

(3) "Single audit" means the same as that term is defined in 31 U.S.C. Sec. 7501.

Utah Code § 63J-5-301

Added by Chapter 286, 2024 General Session ,§ 5, eff. 5/1/2024.