UtahLaw exempts Navajo Trust Fund investment records from public records rules
The law exempts Navajo Trust Fund investment records from public records rules and requires board meetings and administrator reports at least every three months.
What it does
Records about Navajo Trust Fund investment activities are exempt from Utah's public records law, which sets rules for access to government records.
The Navajo Trust Fund board must meet at least every three months. The administrator must report on their work and the fund's status every three months.
The administrator's yearly report must group investments by type and show each group's return—the gain or loss as a percentage of money invested.
Argument forMeetings and reports every three months could help the board track the fund's work without requiring staff to prepare monthly updates.
Argument againstExempt investment records and reports grouped by investment type could make it harder for Navajo beneficiaries to examine individual investments.
More detail
The law exempts records about the fund's investment activities from Utah's public records law. The exemption covers records containing information about investment activities of the Navajo Trust Fund. The law took effect on May 6, 2026.
The fund's board must meet at least every three months, and its trust administrator must report to the board every three months. The administrator's reports cover the administrator's work and the status of the Navajo Trust Fund. The law took effect on May 6, 2026.
The trust administrator must report investment types and the percentage return for each type in an annual report. This annual report goes to the fund's board, the governor, and the Native American Legislative Liaison Committee. The law took effect on May 6, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Mar 23Governor Spencer Cox SignedBecame Law
- Mar 17House/ to GovernorTo Governor
- Mar 17House/ received enrolled bill from PrintingMinor
- Feb 19House/ enrolled bill to Printing
- Feb 19Enrolled Bill Returned to House or SenateMinor
- Feb 10Draft of Enrolled Bill Prepared
- Feb 10Bill Received from House for EnrollingMinor
- Feb 9House/ signed by Speaker/ sent for enrollingMajor
- Feb 9House/ received from SenateMinor
- Feb 6Senate/ to House
- Vote recorded Senate/ passed 3rd reading. Result: pass.Upper
- Feb 6Senate/ signed by President/ returned to HouseMajor
- Feb 6Senate/ passed 3rd readingPassed Senate
- Feb 6Senate/ 3rd readingMinor
- Feb 5Senate/ passed 2nd readingMinor
- Vote recorded Senate/ passed 2nd reading. Result: pass.Upper
- Feb 5Senate/ uncircled
- Feb 5Senate/ circled
- Feb 5Senate/ 2nd readingMinor
- Feb 2Senate/ placed on 2nd Reading Calendar
- Feb 2Senate/ committee report favorable [Senate Natural Resources, Agriculture, and Environment Committee]Minor
- Jan 30Senate Comm - Favorable Recommendation [Senate Natural Resources, Agriculture, and Environment Committee]Minor
- Jan 27Senate/ to standing committee [Senate Natural Resources, Agriculture, and Environment Committee]Minor
- Jan 23Senate/ 1st reading (Introduced)Minor
- Jan 22Senate/ received from HouseMinor
- Vote recorded House/ passed 3rd reading. Result: pass.Lower
- Jan 22House/ to Senate
- Jan 22House/ passed 3rd readingPassed House
- Jan 22House/ 3rd readingMinor
- Jan 20House/ 2nd readingMinor
- Jan 20House/ Rules to 3rd Reading Calendar
- Jan 20House/ 1st reading (Introduced)Minor
- Jan 14House/ received fiscal note from Fiscal AnalystMinor
- Jan 14House/ received bill from Legislative ResearchMinor
- Jan 6LFA/ fiscal note publicly available for HB0061
- Jan 5LFA/ fiscal note sent to sponsor for HB0061
- 2025
- Dec 22LFA/ bill sent to agencies for fiscal input for HB0061
- Dec 22LFA/ bill assigned to staff for fiscal analysis for HB0061
- Dec 22Numbered Bill Publicly Distributed
- Dec 22Bill Numbered but not DistributedIntroduced
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