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House Approves $10M Industrial Assistance Framework After Heated Debate Over McDonnell Douglas Package
Summary
The Utah House passed the second substitute of House Bill 451, creating an industrial assistance fund to attract major manufacturers. Supporters highlighted potential job growth; opponents argued the package sets a troubling precedent and diverts scarce public funds. The final House vote was 58–14.
The Utah House of Representatives on Feb. 27 approved the second substitute for House Bill 451, an industrial assistance package supporters said could attract large manufacturers and create subcontracting opportunities for small businesses, while critics warned the plan would divert scarce public resources to a single firm.
Representative Richard J. Bradford, sponsor of the industrial assistance substitute, said the fund is designed to back projects that bring ‘‘major economic growth’’ to the state and noted safeguards requiring applicants to be approved by the Board of Business and Economic Development and to present a repayment plan ‘‘by cash or credit.’’ Bradford…
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