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Senate amends prison-relocation bill to remove automatic tax-increment entitlement, adds timeline and minority seat; circle set for further review
Summary
Lawmakers amended second substitute SB 72, a prison relocation and development bill, to remove an automatic 50% tax-increment entitlement and to add deadlines, meeting frequency, and a legislative minority appointee; senators voiced concerns about whether local zoning and financing will suffice to fund demolition, relocation and new construction.
After extended debate on the floor, the Utah Senate substantially amended second substitute Senate Bill 72, which lays out a governance and financing framework for relocating the state prison and redeveloping the vacated site.
Sponsor Senator Jenkins walked the chamber through multiple floor amendments. Senator Madsen's Amendment 6, which removes a statutory entitlement that would have automatically diverted up to 50% of tax-increment revenues (including portions of sales- and property-tax increases) to the project, passed. Madsen said striking the entitlement preserves the ordinary tax-increment financing (TIF) process and transparency for local taxing entities; Jenkins and others described TIF as a backstop rather than the…
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