Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House approves measure to close and privatize a quasi‑governmental lending entity
Utah House of Representatives · February 26, 2002
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.
Summary
House members approved HB 289 to allow the closure and privatization of a quasi‑governmental lending entity, with sponsors saying federal funds must be returned to the federal government while state and private claims remain; Representative Stevens estimated $8–$10 million would be returned to the state on wind‑down.
Representative Curtis described House Bill 289 as the final legislative step to close and privatize a quasi‑governmental entity created years earlier to provide business loans and expand capital. The bill directs federal funds to be returned to the federal…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans
