Among its various provisions, the bill stipulates that the director of the trust lands administration must establish rules governing the fair market value assessment for trust lands transactions. This change aims to streamline the transfer process of state trust lands to ensure that transactions are advantageous to the beneficiaries of the trust. Additionally, it mandates that any proposal involving over 500 acres of trust land must receive legislative approval, thus providing a significant check on governmental authority regarding land transactions with the federal government.
Summary
House Bill 273, titled 'State Trust Lands Administration Amendments', seeks to modify the administration of state trust lands in Utah. The bill aims to enhance the processes surrounding the sale, exchange, lease, and other dispositions of trust lands by creating specific rulemaking authority under the Utah Administrative Rulemaking Act. This legislation emphasizes criteria that reflect the unique value of dispersed school and institutional trust lands, particularly those surrounded by federal lands, while prioritizing energy and natural resource development.
Contention
The bill has garnered scrutiny due to its implications for local control and governance. Specifically, it mandates legislative oversight and consent for large land transactions, potentially restricting local entities from making decisions independently regarding significant land sales or transfers. Critics may argue that this could lead to delays and a disconnect between local needs and state-level decision-making, while proponents contend that it reinforces accountability and ensures that any major changes to land holdings are adequately reviewed and justified.
Authorizes local hospital assessments in certain parishes to fund the nonfederal share of Medicaid costs of health care provided in those parishes (EN INCREASE LF RV See Note)
Requests the Law Institute to study changes to the Code of Governmental Ethics enacted in the 2008 extraordinary and regular sessions and to make recommendations regarding those changes.
A bill for an act relating to racism or sexism trainings at, and diversity and inclusion efforts by, governmental agencies and entities, school districts, and public postsecondary educational institutions, and including civil penalties.
Substitute for HB 2152 by Committee on Financial Institutions and Pensions - Mandating financial institutions to secure governmental unit deposits in excess of the amount insured or guaranteed by the FDIC by utilizing a public moneys pooled method of securities, prohibiting investment advisers that execute bids for the investment of public moneys from managing moneys directly from such bid, allowing governmental unit deposits to be invested at a rate agreed upon by the governmental unit and the financial institution, requiring certification from a governmental unit that deposits in the municipal investment pool fund were first offered to a financial institution in the preceding year and allowing financial institutions to file complaints upon the failure to comply.