1. (1) As used in this section, "convention center" means a convention center owned by a county of the first class within a city of the first class.
2. (2) There is created within the Transportation Fund a restricted account known as the "Convention Center Reserves Restricted Account."

3. (3) The account consists of:

   1. (a) revenue transferred to the account in accordance with Subsection 72-2-124(4)(d); and
   2. (b) amounts appropriated by the Legislature.

4. (4) Subject to appropriation, money in the account may be used:

   1. (a) for revitalization of a convention center and surrounding revitalization projects related to the convention center; or
   2. (b) for securing the issuance of the debt of a county of the first class for a convention center in an amount that does not exceed $1,600,000,000.

Enacted by Chapter 371, 2026 General Session