Disposition of certain taxes collected on Navajo Nation land located in Utah. (Superseded 7/1/2026)

# (1)

Except as provided in Subsection (2), there shall be deposited into the Navajo Revitalization Fund established in Section 35A-8-1704 for taxes imposed under this part beginning on July 1, 1997:

# (a)

33% of the taxes collected on oil, gas, or other hydrocarbon substances produced from a well:

(i) for which production began on or before June 30, 1996; and

(ii) attributable to interests in Utah held in trust by the United States for the Navajo Nation and the Navajo Nation's members; and

# (b)

80% of the taxes collected on oil, gas, or other hydrocarbon substances produced from a well:

(i) for which production began on or after July 1, 1996; and

(ii) attributable to interests in Utah held in trust by the United States for the Navajo Nation and the Navajo Nation's members.

# (2)

# (a)

The maximum amount deposited in the Navajo Revitalization Fund may not exceed:

(i) $2,000,000 in fiscal year 2006-07; and

(ii) $3,000,000 for fiscal years beginning with fiscal year 2007-08.

# (b)

Any amounts in excess of the maximum described in Subsection (2)(a) shall be credited as provided in Sections 51-9-305, 51-9-306, 51-9-1102, and 59-5-115.