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Utah House adopts HB 562 creating Fair Park investment district; removes proposed 1.5% rental-car tax

Utah House of Representatives · February 27, 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 Utah House passed the second substitute to HB 562 to establish the Utah Fair Park Area Investment and Restoration District, replacing a proposed 1.5% rental-car (TRT) tax with a district-specific allocation of the state sales tax; final vote was 51–21. Debate centered on funding, state ownership, public safety and West Side inclusion.

The Utah House of Representatives on the floor adopted the second substitute to House Bill 562, establishing the Utah Fair Park Area Investment and Restoration District and changing the bill’s funding and governance details, the sponsor said. The chamber approved the substitute by voice vote that closed with a recorded tally of 51 yes votes and 21 no votes.

Supporters said the revised substitute removes the previously proposed 1.5% transient room (rental-car) tax (TRT) and instead directs the state portion of sales-tax revenue generated within the district to pay for redevelopment, environmental remediation and safety work around the State Fair Park. Representative Thomas Wilcox, the bill’s sponsor, told members the change reflects ‘‘a lot of the work and the feedback that we’ve…

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