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House rejects Salt Lake convention‑hotel tax‑rebate plan; SB 267 fails
Summary
The Utah House rejected Senate Bill 267, a proposal to rebated site‑specific state sales tax to support a privately financed Salt Lake convention hotel and adjacent expansion of convention space; proponents described a $33 million NPV cap and post‑performance structure, opponents warned of harm to existing hotels. The vote was 35‑39.
The Utah House voted down Senate Bill 267 on March 14, defeating a plan to rebate site‑specific state sales tax to support a privately financed convention hotel and expanded Salt Palace convention space. Voting closed 35 yes to 39 no, and the bill was filed.
Representative Wilson, the House sponsor, told colleagues the proposal is a post‑performance incentive tied to growth in convention demand and carries no direct taxpayer risk because the state pays the rebate only after new tax revenue is generated. "The state rebate will be capped at no greater than the $33,000,000 in net present value," Wilson said, adding the package pairs…
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