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Senate approves sales-tax diversion and registration-fee increases to bolster Centennial Highway Fund
Summary
The Utah Senate passed House Bill 413 and substitute House Bill 414 to redirect a 1/60 sales-tax diversion and increase vehicle registration fees; sponsors said the measures fund a new Centennial/Highway Fund and reimburse Olympic-related obligations before highway allocations begin.
The Utah Senate on March 5 approved a pair of measures that reshape how a small portion of state sales-tax revenue and vehicle registration fees are allocated to transportation projects.
House Bill 413, described on the floor by Senator Peterson as "the bill that takes the money that was diverted" to an Olympic fund and redirects the state's portion into a Centennial highway fund once Olympic obligations end, passed by roll call. The sponsor said the state—s share would flow into the Centennial fund and that cities would…
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