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Bill > HB0350


UT HB0350

District Energy Amendments


summary

Introduced
01/29/2025
In Committee
02/27/2025
Crossed Over
02/21/2025
Passed
03/11/2025
Dead
Signed/Enacted/Adopted
03/25/2025

Introduced Session

2025 General Session

Bill Summary

General Description: This bill modifies the High Cost Infrastructure Development Tax Credit Act to include district energy systems.

AI Summary

This bill amends two sections of Utah state law to add definitions and provisions related to district energy systems. Specifically, the bill modifies Section 54-2-1 to include a new definition of "Cooling plant" and expands definitions of related terms like "Heat corporation" and "Heating plant". In Section 79-6-602, the bill introduces a comprehensive definition of "district energy system" as equipment and facilities that use thermal energy sources to provide space heating, hot water, or space cooling through a distribution system. The bill also updates the definition of "High cost infrastructure project" to include new investment of at least $10 million for the construction of a thermal energy production plant or facility used in a district energy system. Additionally, the bill adds "district energy system project" to the list of infrastructure types and includes district energy systems as a type of energy delivery project. The bill is designed to recognize and facilitate the development of district energy systems by providing clear definitions and potential tax incentives. The bill is set to take effect on May 7, 2025.

Committee Categories

Budget and Finance, Transportation and Infrastructure

Sponsors (2)

Last Action

Governor Signed in Lieutenant Governor's office for filing (on 03/25/2025)

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