Utah 2025 Regular Session

Utah House Bill HB0331 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	01-24 16:04 H.B. 331
2	2	1
3	3	Olympics Amendments
4	4	2025 GENERAL SESSION
5	5	STATE OF UTAH
6	6	Chief Sponsor: Jon Hawkins
7	7	Senate Sponsor:
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9	9
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11	11	LONG TITLE
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13	13	General Description:
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15	15	This bill modifies provisions of the Olympic and Paralympic Winter Games Act.
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17	17	Highlighted Provisions:
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19	19	This bill:
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21	21	▸ codifies requirements that relate to a sale or transfer of part of an Olympic facility, which
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23	23	requirements were previously approved by the Legislature via joint resolutions;
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25	25	▸ codifies requirements that must be met before any portion of an Olympic facility may be
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27	27	sold or transferred;
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29	29	▸ requires the governor, or the governor's designee, and an Olympic facility manager to
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31	31	meet with the Legislative Management Committee in connection with approving a sale
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33	33	of a part of an Olympic facility; and
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35	35	▸ requires an Olympic facility manager to give prior notice of certain structural changes in
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37	37	the organization to the Legislative Management Committee.
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39	39	Money Appropriated in this Bill:
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41	41	None
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43	43	Other Special Clauses:
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45	45	None
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47	47	Utah Code Sections Affected:
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49	49	ENACTS:
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51	51	63G-28-403, Utah Code Annotated 1953
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55	55	Be it enacted by the Legislature of the state of Utah:
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57	57	Section 1. Section 63G-28-403 is enacted to read:
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59	59	63G-28-403 . Requirements for sale of any interest in an Olympic facility.
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61	61	(1) As used in this section:
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63	63	(a) "Olympic facility" means a building, area of land, an area of land with
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65	65	improvements, or any other real property that is used, or is intended be used, for
66	66	H.B. 331 H.B. 331 01-24 16:04
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68	68	sporting or other official events of the 2034 Olympic and Paralympic Winter Games.
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70	70	(b)(i) "Olympic facility manager" means an entity that owns, controls, operates, or
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72	72	manages a facility that:
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74	74	(A) is an Olympic facility; and
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76	76	(B) was constructed primarily by the state, or a state agency, using state funds and
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78	78	for the purpose of serving as a facility for use in an Olympic and Paralympic
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80	80	Winter Games.
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82	82	(ii) "Olympic facility manager" does not include the state or a political subdivision.
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84	84	(c) "Political subdivision" means the same as that term is defined in Section 63A-15-102.
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86	86	(d) "Sale," "sell," "sells," or "sold" means to transfer ownership, title to, control of, or
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88	88	possession of real property or an interest in real property, with or without
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90	90	consideration.
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92	92	(2)(a) Before any interest in, or any property contained within, an Olympic facility is
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94	94	sold by an Olympic facility manager, the following conditions shall be met:
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96	96	(i) the aggregate of all negotiated sales conducted under this section may not exceed
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98	98	10% of the original acreage of the Olympic facility;
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100	100	(ii) the Olympic facility manager shall ensure that any transaction involving a sale of
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102	102	a portion of an Olympic facility:
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104	104	(A) provides for a fair return on the value of the real property or interest being
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106	106	sold; and
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108	108	(B) does not result in the Olympic facility manager bearing any financial risk for
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110	110	the development or use of the portion of the Olympic facility that is sold;
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112	112	(iii) an Olympic facility manager shall give notice of a potential sale in writing to the
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114	114	governor, the president of the Senate, and the speaker of the House of
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116	116	Representatives before entering into any negotiation, contract, or agreement that
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118	118	involves the sale of a portion of an Olympic facility;
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120	120	(iv) before executing any agreement that obligates an Olympic facility manager to
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122	122	sell a portion of an Olympic facility, the Olympic facility manager shall:
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124	124	(A) obtain the written approval of the governor, subject to Subsection (2)(b);
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126	126	(B) meet with the Legislative Management Committee as required under
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128	128	Subsection (2)(c); and
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130	130	(C) obtain the approval of the Legislature by means of a joint resolution;
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132	132	(v) an Olympic facility manager may not agree to the imposition of a lien, mortgage,
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134	134	debt, trust deed, pledge, assignment, judgment, or any other financial
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137	137	encumbrance or obligation against an Olympic facility, but may encumber that
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139	139	portion of the Olympic facility that is not being sold to grant rights-of-way or
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141	141	easements, but only to the extent:
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143	143	(A) necessary for the real estate development on the portion of the Olympic
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145	145	facility being sold; and
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147	147	(B) approved in writing by the governor after the governor determines that the
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149	149	Olympic facility manager is legally able to encumber the Olympic facility;
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151	151	(vi) before executing any agreement obligating an Olympic facility manager to sell a
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153	153	portion of an Olympic facility, the Olympic facility manager shall:
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155	155	(A) obtain a written legal opinion that any legal requirements or restrictions
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157	157	related to the sale of a portion of the Olympic facility can be satisfied before
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159	159	the execution of the sale of a portion of the Olympic facility; and
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161	161	(B) provide a copy of the legal opinion to the governor, the president of the
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163	163	Senate, and the speaker of the House or Representatives; and
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165	165	(vii) an Olympic facility manager shall enter into an agreement with the governor's
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167	167	office, or other entity designated by the governor's office, to indemnify, hold
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169	169	harmless, and release the state and any of the state's entities, officers, members,
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171	171	agents, volunteers, and employees from and against any and all losses, claims,
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173	173	damages, injuries, liabilities, suits, or proceedings arising out of any transaction to
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175	175	sell a portion of an Olympic facility or the performance of any transaction,
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177	177	including court costs, reasonable attorney fees and disbursements, and all amounts
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179	179	paid in investigation, defense, or settlement in connection with, arising out of, or
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181	181	resulting from a transaction to sell a portion of an Olympic facility.
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183	183	(b) Before providing any written approval that is required in Subsection (2)(a)(iv):
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185	185	(i) the governor shall take reasonable steps to ensure that any legal requirements or
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187	187	restrictions on the state related to the sale of a portion of the Olympic facility can
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189	189	be satisfied before the execution date of the sale, including, as applicable,
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191	191	termination of any reversionary interest held by the state in any portion of the
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193	193	Olympic facility being sold; and
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195	195	(ii) the governor or the governor's designee shall meet with the Legislative
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197	197	Management Committee to:
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199	199	(A) inform the Legislative Management Committee of whether the governor
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201	201	intends to provide written approval under this section;
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203	203	(B) report on the timeline and status of the governor's required actions under this
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206	206	section; and
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208	208	(C) answer questions from the Legislative Management Committee.
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210	210	(c) Before executing any agreement that obligates an Olympic facility manager to sell a
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212	212	portion of an Olympic facility, the Olympic facility manager shall meet with the
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214	214	Legislative Management Committee to:
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216	216	(i) inform the Legislative Management Committee of the status of any negotiation or
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218	218	sale;
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220	220	(ii) report on the timeline and status of the Olympic facility manager's required
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222	222	actions under this section; and
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224	224	(iii) answer questions from the Legislative Management Committee.
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226	226	(3) An Olympic facility manager shall, before making any change in its articles of
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228	228	incorporation, bylaws, or changes in the requirements of its membership, meet with the
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230	230	Legislative Management Committee to give notice of the proposed changes and to
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232	232	answer questions from the Legislative Management Committee.
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234	234	Section 2. Effective Date.
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236	236	This bill takes effect on May 7, 2025.
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