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Senate approves nearly $834 million in revenue bonds for higher‑ed and state projects
Summary
The Senate passed a substitute to House Bill 191 authorizing revenue bonds and capital projects for higher‑education facilities and state liquor store projects; sponsors said repayment would use project revenue streams, not new taxes.
The Utah Senate adopted a substituted version of House Bill 191 authorizing revenue bonds and capital facilities projects for multiple higher‑education institutions and state retail projects.
Senator Wilson presented the third substitute and a technical floor amendment replacing references to the former State Building Board with the Division of Facilities Construction and Management (DFCM). The substituted bill lists specific projects and maximum bonding amounts, including large authorizations…
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