(1) After consultation with the board, and in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department shall make rules to: (a) require participating state entities to provide public financial information for inclusion on the Utah Public Finance Website; (b) define, either uniformly for all participating state entities, or on an entity by entity basis, the term "public financial information" using the standards provided in Subsection 63A-1-203(3)(c); and (c) establish procedures for obtaining, submitting, reporting, storing, and providing public financial information on the Utah Public Finance Website, which may include a specified reporting frequency and form.

(a) require participating state entities to provide public financial information for inclusion on the Utah Public Finance Website;

(b) define, either uniformly for all participating state entities, or on an entity by entity basis, the term "public financial information" using the standards provided in Subsection 63A-1-203(3)(c); and

(c) establish procedures for obtaining, submitting, reporting, storing, and providing public financial information on the Utah Public Finance Website, which may include a specified reporting frequency and form.

(2) After consultation with the board, and in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the department may make rules to: (a) require a participating state or local entity to list certain expenditures made by a person under a contract with the entity; and (b) if a list is required under Subsection (2)(a), require the following information to be included: (i) the name of the participating state or local entity making the expenditure; (ii) the name of the person receiving the expenditure; (iii) the date of the expenditure; (iv) the amount of the expenditure; (v) the purpose of the expenditure; (vi) the name of each party to the contract; (vii) an electronic copy of the contract; or (viii) any other criteria designated by rule.

(a) require a participating state or local entity to list certain expenditures made by a person under a contract with the entity; and

(b) if a list is required under Subsection (2)(a), require the following information to be included: (i) the name of the participating state or local entity making the expenditure; (ii) the name of the person receiving the expenditure; (iii) the date of the expenditure; (iv) the amount of the expenditure; (v) the purpose of the expenditure; (vi) the name of each party to the contract; (vii) an electronic copy of the contract; or (viii) any other criteria designated by rule.

(i) the name of the participating state or local entity making the expenditure;

(ii) the name of the person receiving the expenditure;

(iii) the date of the expenditure;

(iv) the amount of the expenditure;

(v) the purpose of the expenditure;

(vi) the name of each party to the contract;

(vii) an electronic copy of the contract; or

(viii) any other criteria designated by rule.