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Senate advances ski-industry tax-incentive bill amid tourism and competitiveness arguments
Summary
Senate Bill 114, proposing a tax incentive tied to lift-ticket collections to support ski-resort capital improvements, was introduced and placed on the third-reading calendar. Sponsors argued the change would help Utah compete with Colorado and spur tourism investment; the committee report was adopted and the bill advanced.
Senate Bill 114, a proposal to permit ski resorts to reinvest certain lift-ticket collections into capital improvements as an incentive, was presented and advanced to third reading on Feb. 15. Sponsor Senator Howell characterized the ski industry as a major state economic driver and said the measure would allow…
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