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UT SB0166

UT SB0166
Point of the Mountain State Land Authority Amendments


summary

Introduced
01/27/2025
In Committee
02/26/2025
Crossed Over
02/19/2025
Passed
02/28/2025
Dead
Signed/Enacted/Adopted
03/12/2025

Introduced Session

2025 General Session

Bill Summary

General Description: This bill modifies provisions related to the Point of the Mountain State Land Authority.

AI Summary

This bill modifies the legal framework for the Point of the Mountain State Land Authority, a state entity responsible for developing approximately 700 acres of state-owned land in Draper, Utah. The bill makes several key changes, including expanding the board's composition to seven voting members appointed by the governor, Senate president, House speaker, and local mayors, with provisions for board member terms, removal, and co-chair selection. The bill also updates the authority's powers, such as the ability to enter development agreements, provide funding for infrastructure, and impose impact fees. A significant change involves replacing the previous annual assessment system with a new privilege tax structure for leased property, where the county treasurer will collect and distribute tax revenue to the authority according to a gradually decreasing percentage schedule over several decades. Additionally, the bill clarifies the authority's exclusive control over land management, removes local government zoning authority over the land, and establishes specific requirements for recording plats submitted by the authority. The changes aim to provide more flexibility and clarity in developing this strategic state-owned property, potentially facilitating economic development and infrastructure improvements.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Governor Signed in Executive Branch - Lieutenant Governor (on 03/12/2025)

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