Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Transportation And Housing Funding topic
No spam. Unsubscribe anytime.
House concurs with Senate on HB 502, reallocating county sales-tax proceeds and funding housing infrastructure grants
Summary
The Utah House on March 7 concurred with the Senate on sixth substitute House Bill 502, a transportation and infrastructure funding bill that changes local-option sales-tax rules and creates a $70 million affordable-housing infrastructure grant program.
SALT LAKE CITY — The Utah House on March 7 concurred with Senate amendments to sixth substitute House Bill 502, a multi-part transportation and infrastructure funding package that reallocates portions of local-option sales tax revenue and creates a targeted grant program for housing infrastructure.
Representative Tesher, the House sponsor on the floor, told members the Senate had modified the original bill and that the adopted substitute includes several substantive changes: an alteration of how the so-called “fifth-of-the-fifth” local-option sales tax in Salt Lake County is applied (including extending the imposition condition until at least three counties adopt a similar option or until July 30, 2030), expansion of the option into Utah County under parallel terms, and a redirection of some county first-class infrastructure bank funds to specified city projects.
The bill also authorizes targeted expenditures from the County of the First Class Highway Fund—including a list of locally prioritized road projects, notably Prosperity Road in South Jordan—and creates an affordable housing infrastructure grant program. Representative Tesher said the program would be financed by a bond authorization of $70,000,000 to fund infrastructure that enables construction of affordable housing in areas where entitlements exist but infrastructure does not.
“These changes redirect and codify how counties can use locally authorized revenue to fund roads and housing infrastructure and provide a funding mechanism for projects that are currently stalled for lack of infrastructure,” Tesher said on the floor.
Members raised no recorded floor objections to concurrence; the motion to concur passed and final passage followed. The House’s final recorded vote on the substituted bill was 68 yes, 0 no.
Votes: Sixth substitute House Bill 502 — Final passage, 68 yes, 0 no.
Outlook: The bill will be returned to the Senate for the president’s signature and any further steps required for enactment.
