---
type: "Bill"
title: "State Sovereignty Fund"
description: "State Sovereignty Fund"
jurisdiction: "us/states/ut"
legislature: "Utah Legislature"
session: "2025"
identifier: "HB 464"
citation: "Utah HB 464 (2025)"
classification: ["bill"]
subjects: ["Appropriations", "Department of Government Operations", "Division of Finance", "Government Operations (State Issues)", "Public Budgeting", "Public Funds and Accounts"]
status: "enacted"
primary_sponsors: ["Elison, Joseph"]
version_count: 11
action_count: 36
vote_count: 0
first_action: "2025-02-10T21:43:00+00:00"
last_action: "2025-03-26T01:08:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/eec4538c-e853-44a8-9b99-cc295dc7c21f"
source_url: "https://le.utah.gov/~2025/bills/static/HB0464.html"
source_hash: "79780d6202e370378a816cfea0ed1c976509f21e261a771227742110dac7d69c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ut"]
---

# Utah HB 464 (2025) — State Sovereignty Fund

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](https://le.utah.gov/Session/2025/bills/introduced/HB0464.xml)
2. **Amended 2/27/2025 12:02:571** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/amended/AV_HB0464S01_2025-02-27_12-10-01.pdf)
3. **Amended Excerpts 2/27/2025 12:02:571** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/amended/AP_HB0464S01_2025-02-27_12-10-01.pdf)
4. **Comparison to Sub #0** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/CP HB0464 To HB0464S01.pdf)
5. **House Amendment 1** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/amended/HB0464S01.Hamd.1.pdf)
6. **House Committee Report** (committee substitute) — [source](https://le.utah.gov/Session/2025/comreport/HB464H10.pdf)
7. **House Transmittal Letter 2** (committee substitute) — [source](https://le.utah.gov/Session/2025/transmit/HB464H20.pdf)
8. **Senate Committee Report** (committee substitute) — [source](https://le.utah.gov/Session/2025/comreport/HB464S10.pdf)
9. **Senate Transmittal Letter 1** (committee substitute) — [source](https://le.utah.gov/Session/2025/transmit/HB464S10.pdf)
10. **Substitute #1** (committee substitute) — [source](https://le.utah.gov/Session/2025/bills/introduced/HB0464S01.xml)
11. **Enrolled** (enrolled) — [source](https://le.utah.gov/Session/2025/bills/enrolled/HB0464.xml)

## Sponsors

- Elison, Joseph — primary (person)
- Wilson, Chris H. — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-10T21:43:00+00:00** Bill Numbered but not Distributed
- **2025-02-10T21:43:00+00:00** Numbered Bill Publicly Distributed
- **2025-02-11T17:14:00+00:00** House/ received bill from Legislative Research `receipt`
- **2025-02-11T18:20:00+00:00** House/ 1st reading (Introduced)
- **2025-02-18T22:05:00+00:00** House/ received fiscal note from Fiscal Analyst `receipt`
- **2025-02-19T18:37:00+00:00** House/ to standing committee `referral-committee`
- **2025-02-21T00:13:00+00:00** House Comm - Substitute Recommendation
- **2025-02-21T00:14:00+00:00** House Comm - Favorable Recommendation `committee-passage-favorable`
- **2025-02-21T17:20:00+00:00** House/ comm rpt/ substituted
- **2025-02-21T17:20:00+00:00** House/ 2nd reading
- **2025-02-26T22:36:00+00:00** House/ 3rd reading
- **2025-02-26T22:37:00+00:00** House/ floor amendment
- **2025-02-26T22:49:00+00:00** House/ passed 3rd reading `passage`
- **2025-02-26T22:49:00+00:00** House/ held
- **2025-02-27T18:47:00+00:00** House/ to Senate
- **2025-02-27T19:37:00+00:00** Senate/ received from House `receipt`
- **2025-02-27T21:39:00+00:00** Senate/ 1st reading (Introduced)
- **2025-02-28T21:35:00+00:00** Senate/ to standing committee `referral-committee`
- **2025-03-03T16:44:00+00:00** Senate Comm - Favorable Recommendation `committee-passage-favorable`
- **2025-03-03T21:29:00+00:00** Senate/ committee report favorable `committee-passage-favorable`
- **2025-03-03T21:29:00+00:00** Senate/ placed on 2nd Reading Calendar
- **2025-03-05T21:43:00+00:00** Senate/ 2nd Reading Calendar to Rules `reading-2`
- **2025-03-07T18:25:00+00:00** Senate/ Rules to 2nd Reading Calendar
- **2025-03-07T18:34:00+00:00** Senate/ 2nd & 3rd readings/ suspension
- **2025-03-07T18:37:00+00:00** Senate/ passed 2nd & 3rd readings/ suspension
- **2025-03-07T18:37:00+00:00** Senate/ signed by President/ returned to House `passage`
- **2025-03-07T18:37:00+00:00** Senate/ to House
- **2025-03-07T20:28:00+00:00** House/ received from Senate `receipt`
- **2025-03-07T20:28:00+00:00** House/ signed by Speaker/ sent for enrolling `passage`
- **2025-03-07T22:20:00+00:00** Bill Received from House for Enrolling
- **2025-03-07T22:20:00+00:00** Draft of Enrolled Bill Prepared
- **2025-03-14T03:15:00+00:00** Enrolled Bill Returned to House or Senate `enrolled`
- **2025-03-14T03:15:00+00:00** House/ enrolled bill to Printing
- **2025-03-17T17:08:00+00:00** House/ received enrolled bill from Printing `receipt`
- **2025-03-17T17:08:00+00:00** House/ to Governor `executive-receipt`
- **2025-03-26T01:08:00+00:00** Governor Signed `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/eec4538c-e853-44a8-9b99-cc295dc7c21f`. Confidence: reported (aggregated from official Utah legislature records).