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House backs expansion of Utah Energy Council and special-district tool to finance large projects
Summary
Representative Walter's first-substitute bill expanded Energy Council membership, authorized co-chairs, and established a special-district financing mechanism to facilitate large energy-generation and transmission projects without state obligation; sponsors said the bill avoids eminent-domain authority and coordinates with local governments.
Representative Walter presented first-substitute HB 514 on Feb. 26 to expand the Utah Energy Council from five to seven members, authorize co-chairs, and create a special-district financing mechanism that could be used to support large energy-generation or transmission projects without creating a direct state credit obligation.
Walter said the measure is designed to help develop 'reliable, affordable, dispatchable' power over coming…
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