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House concurs with Senate changes to infrastructure‑financing districts; raises life span to 30 years

Utah House of Representatives · February 28, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The House concurred with Senate amendments to HB13, increasing the maximum assessment period for infrastructure financing districts from 20 to 30 years, prohibiting stacked assessments, and requiring a $1,000,000 minimum public infrastructure threshold.

The Utah House on the floor concurred with Senate amendments to House Bill 13, the infrastructure financing districts measure, approving changes sponsors said would sharpen limits on how the tool is used.

Representative Dunnigan, speaking for the House sponsor, outlined the major Senate edits: the maximum number of years for an assessment area would increase…

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