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Senate Debates Limits on Olympic Authority Spending; Substitute to Cap at $59 Million Advances
Summary
Lawmakers debated competing versions of legislation clarifying how revenues from the Olympic sales‑tax fund are held and returned; a substitute to cap Sports Authority spending at $59 million and require legislative approval to access amounts above that cap was moved and recorded after a division.
Senators took up competing proposals to clarify how revenues diverted for Utah's Olympic bid are managed and whether the Utah Sports Authority should face a legislative cap on spending.
Senator Marin described a bill that would clarify that revenues returned to the Olympic fund after obligations are repaid would be disbursed 50% to the general fund and 50% to cities and counties proportional to their sales‑tax contributions, and that contracts committing revenues…
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