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Senate advances housing-transit reinvestment zones with limited expansion and GOEO study requirements
Summary
The Utah Senate adopted amendments to SB140 expanding housing-transit reinvestment zones around transit facilities, clarifying housing types, requiring equal participation by local taxing entities, and directing GOEO review of feasibility studies. The bill passed on Feb. 15 by voice and roll-call and will be sent to the House.
The Senate on Feb. 15 amended and passed second substitute Senate Bill 140, a measure that updates housing and transit reinvestment zone (HTRZ) law.
Sponsor Senator Harper said the substitute consolidates prior work, “allows housing transit reinvestment zones around light rail and transit facilities, BRT,” sets definitions for eligible housing types and…
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