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Senate passes House Bill 1008 to reassign transit cash, then adjourns special session
Summary
The Utah State Senate passed House Bill 1008, which preserves previously authorized bond capacity while reallocating some cash from a double-tracking project to other transit projects to increase cash-management flexibility; the body then notified the governor and adjourned sine die.
The Utah State Senate passed House Bill 1008 and adjourned its special session after appointing a committee to notify the governor.
Senator Cullimore summarized the bill on the floor, saying that during the general session the Legislature "authorized a couple hundred million dollars of bond" and that HB 1008 "leaves that bonding authority in place, but it takes some of the cash projects that we had put towards double tracking and reassign[s] some of that cash to some other transit projects, thereby giving us some flexibility in cash…
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