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House funds Water Issues Task Force to study potential GO bond financing for water projects
Summary
House Bill 428 passed 53–17 to fund a Water Issues Task Force with $9,100 to study whether state GO bonds could finance major water projects and produce interest‑cost savings; sponsors cited possible multi‑million‑dollar savings on large pipeline projects but some agricultural stakeholders expressed concern about overlap with existing bodies.
The Utah House on March 7 approved House Bill 428, a request for $9,100 to convene a Water Issues Task Force to study financing options for large water projects and whether state general obligation bond financing—currently used for schools—could be applied to water projects. The bill passed 53–17 and will be transmitted to the Senate.
Representative Painter, sponsor of the bill, said task force meetings (estimated six) would…
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