Three new bills of interest that popped out over the holiday weekend.

H.B. 572 State Treasurer Investment Amendments – this is the bill mentioned in the Feb. 14 post, directing the PTIF to make money available to support of infrastructure and other things for affordable housing projects.  https://le.utah.gov/~2024/bills/static/HB0572.html

S.B. 258 Municipal Incorporation Amendments – this is an interesting bill that would allow for the creation of a “preliminary municipality,” a kind of strange beast that allows for establishment after a feasibility study on land that is committed for new development, and can have no more than three property owners.  Eventually it can become a full-blown municipality.  To me, this smells of a scheme to assist a specific development proposal somewhere in the state that is having issues with the county and/or adjacent city.  This will be interesting to see where it goes.  It has an influential sponsor, Sen. Curt Bramble, so it will likely go some ways.  https://le.utah.gov/~2024/bills/static/SB0258.html

S.B. 264 Inland Port Authority Amendments – this bill would make a number of changes in how an area can be designated as an IPA, and how they then operate.  Along with things like MIDAs, Point of the Mountain Authority, and Lake Authorities, these have become significant players in the way land in the state gets planned and developed, outside of traditional local government land use powers. https://le.utah.gov/~2024/bills/static/SB0264.html