H.B. 405: State Purchasing Reserve Funding
1 recorded floor vote in the 2026 General Session. The bill's official page has its text, sponsors, committee votes and full history.
About this bill
Did not pass both chambers; the bill was filed on March 6, 2026. This bill modifies provisions related to state purchasing.
- Establishes an administrative fee on state cooperative contracts
- Deposits revenue from the administrative fee into a restricted account called the State Purchasing Reserve Restricted Account (account)
- Directs the state treasurer to invest money in the account in precious metals
- Authorizes the money in the account to be used for the purpose of offsetting the cost of procuring goods and services for specified public entities and ensuring continuity in the public entities' procurement of goods and services, if certain inflation metrics are met
Utah House, February 20, 2026
3rd Reading, Final Passage · 1st Sub. HB 405
Result as recorded: Passed, Yeas 42 Nays 23 N/V 10
Yes (39)
- Angela Romero
- Ariel Defay
- Bridger Bolinder
- Calvin Roberts
- Carl R. Albrecht
- Cheryl K. Acton
- Doug Fiefia
- Doug Welton
- Grant Amjad Miller
- Hoang Nguyen
- Jake Sawyer
- Jason B. Kyle
- Jason E. Thompson
- Jennifer Dailey-Provost
- Jon Hawkins
- Jordan D. Teuscher
- Kay J. Christofferson
- Ken Ivory
- Leah Hansen
- Lisa Shepherd
- Mark A. Strong
- Matt MacPherson
- Michael J. Petersen
- Mike L. Kohler
- Mike Schultz
- Nicholeen P. Peck
- Rex P. Shipp
- Ryan D. Wilcox
- Sahara Hayes
- Sandra Hollins
- Scott H. Chew
- Stephanie Gricius
- Stephen L. Whyte
- Stewart E. Barlow
- Thomas W. Peterson
- Tiara Auxier
- Troy Shelley
- Val L. Peterson
- Verona Mauga
No (23)
- A. Cory Maloy
- Andrew Stoddard
- Ashlee Matthews
- Carol S. Moss
- Christine F. Watkins
- Clinton Okerlund
- Colin W. Jack
- Doug Owens
- Jake Fitisemanu
- James A. Dunnigan
- Jill Koford
- John Arthur
- Karen M. Peterson
- Katy Hall
- Logan Monson
- Nelson T. Abbott
- Norman K Thurston
- Paul A. Cutler
- R. Neil Walter
- Raymond P. Ward
- Rosalba Dominguez
- Steve Eliason
- Tracy Miller