Bill > SB0169

This bill amends provisions concerning the Military Installation Development Authority (MIDA). The key changes are: - Allows MIDA to impose an additional resort communities sales tax within its project areas, subject to voter approval. - Expands the definition of "military land" to include land owned or leased by MIDA and held for the benefit of the military. - Allows MIDA to enter into agreements with school districts to pay a portion of the property tax allocation it receives from project areas to support school district general obligation bonds approved after January 1, 2024. - Makes various other changes related to MIDA's taxation, budgeting, and governance authorities.

Budget and Finance, Business and Industry

https://le.utah.gov/~2024/bills/static/SB0169.html