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House approves smaller revolving loan fund for land conservation after amending grants to loans
Utah House of Representatives · March 4, 1998
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Summary
The House amended and passed SB 51 to create a revolving loan fund (renamed the Leeray McAllister revolving loan fund) for land conservation, reduced the initial fiscal note from $400,000 to $100,000 and replaced multiple 'grant' references with 'loan.'
The Utah House on March 4 passed Senate Bill 51, a bill to create a state fund to support land‑conservation efforts. Sponsors said they reduced the fiscal note from $400,000 to $100,000 and renamed the fund the "Leeray McAllister revolving loan fund." The bill’s text was amended on several pages to remove the term…
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