State Park Funding Amendments

HB 115 modifies how interest earnings from Utah's State Park Fees Restricted Account are handled. It changes the existing phased interest retention (25% to 100% over time) to require that 100% of all interest earned on funds in the account remain there starting July 1, 2028, instead of gradually increasing the portion retained. This directly affects the Division of State Parks, which manages these funds and uses them for park-related purposes under existing law. The bill makes no new funding appropriations and only adjusts the interest retention mechanism through technical amendments to Utah Code Section 79-4-402.