Section 53F-9-305 - Local Levy Growth Account(1) As used in this section, "account" means the Local Levy Growth Account created in this section.(2) There is created within the Income Tax Fund a restricted account known as the "Local Levy Growth Account."(3) The account shall be funded by: (a) amounts deposited into the account in accordance with Section 53F-2-301; and(b) other legislative appropriations.(4) The account shall earn interest.(5) Interest earned on the account shall be deposited into the account.(6) The Legislature shall appropriate money in the account to the state board.Amended by Chapter 7, 2023 General Session ,§ 8, eff. 7/1/2023.Amended by Chapter 456, 2022 General Session ,§ 18, eff. 3/24/2022.Amended by Chapter 186, 2019 General Session ,§ 302, eff. 5/14/2019.Added by Chapter 456, 2018 General Session ,§ 21, eff. 5/8/2018, op. 1/1/2018.Affected by 63I-2-253 on 7/1/2023