Bill > SB0228

This bill establishes a new type of local district called a "public infrastructure district" in Utah. Key provisions: - Public infrastructure districts can be created by a county or municipality, with the consent of 100% of registered voters and property owners within the proposed district. These districts are separate and distinct from the creating entity and cannot impose financial burdens on the creating entity. - Public infrastructure districts have the power to issue negotiable bonds, including limited tax bonds approved by a majority of voters or 100% of property owners and voters, to pay for various public infrastructure projects. There are limits on the property tax levy for these districts. - The bill outlines requirements for the governance structure, board of trustees, and amendment of the governing documents of public infrastructure districts. It also addresses the relationship between these districts and other local entities. - The bill adds public infrastructure district property tax penalties for nonpayment to the list of items that can be included on property tax notices.

https://le.utah.gov/~2019/bills/static/SB0228.html