Enrolled Copy H.B. 502
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Transportation and Infrastructure Funding Amendments
2025 GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Jordan D. Teuscher
Senate Sponsor: Kirk A. Cullimore
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LONG TITLE
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General Description:
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This bill allocates funds in the County of the First Class Highway Projects Fund and
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provides other transportation funding.
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Highlighted Provisions:
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This bill:
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▸ allocates funds in the County of the First Class Highway Projects Fund to various projects
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and purposes;
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▸ authorizes the Department of Transportation to issue a general obligation bond, with the
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bond proceeds being distributed to a grant program, and provides revenue to service the
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bond;
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▸ creates an affordable housing infrastructure grant program to provide grants to local
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governments to construct infrastructure to facilitate affordable housing projects in a
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county of the first class;
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▸ provides funding, loans, and grants to certain transportation projects; and
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▸ makes technical changes.
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Money Appropriated in this Bill:
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None
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Other Special Clauses:
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None
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Utah Code Sections Affected:
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AMENDS:
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59-12-2220, as last amended by Laws of Utah 2024, Chapters 498, 501
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72-2-121, as last amended by Laws of Utah 2024, Chapters 300, 498 and 501
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72-2-124, as last amended by Laws of Utah 2024, Chapters 498, 501 H.B. 502 Enrolled Copy
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72-2-302, as enacted by Laws of Utah 2024, Chapter 501
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72-2-306, as enacted by Laws of Utah 2024, Chapter 501
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ENACTS:
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63B-34-101, Utah Code Annotated 1953
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72-2-501, Utah Code Annotated 1953
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72-2-502, Utah Code Annotated 1953
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72-2-503, Utah Code Annotated 1953
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72-2-504, Utah Code Annotated 1953
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Be it enacted by the Legislature of the state of Utah:
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Section 1. Section 59-12-2220 is amended to read:
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59-12-2220 . County option sales and use tax to fund highways or a system for
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public transit -- Base -- Rate.
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(1) Subject to the other provisions of this part and subject to the requirements of this
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section, the following counties may impose a sales and use tax under this section:
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(a) a county legislative body may impose the sales and use tax on the transactions
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described in Subsection 59-12-103(1) located within the county, including the cities
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and towns within the county if:
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(i) the entire boundary of a county is annexed into a large public transit district; and
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(ii) the maximum amount of sales and use tax authorizations allowed pursuant to
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Section 59-12-2203 and authorized under the following sections has been imposed:
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(A) Section 59-12-2213;
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(B) Section 59-12-2214;
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(C) Section 59-12-2215;
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(D) Section 59-12-2216;
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(E) Section 59-12-2217;
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(F) Section 59-12-2218; and
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(G) Section 59-12-2219;
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(b) if the county is not annexed into a large public transit district, the county legislative
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body may impose the sales and use tax on the transactions described in Subsection
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59-12-103(1) located within the county, including the cities and towns within the
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county if:
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(i) the county is an eligible political subdivision; or
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(ii) a city or town within the boundary of the county is an eligible political
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subdivision; or
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(c) a county legislative body of a county not described in Subsection (1)(a) or (1)(b) may
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impose the sales and use tax on the transactions described in Subsection 59-12-103(1)
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located within the county, including the cities and towns within the county.
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(2) For purposes of Subsection (1) and subject to the other provisions of this section, a
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county legislative body that imposes a sales and use tax under this section may impose
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the tax at a rate of .2%.
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(3)(a) The commission shall distribute sales and use tax revenue collected under this
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section as determined by a county legislative body as described in Subsection (3)(b).
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(b) If a county legislative body imposes a sales and use tax as described in this section,
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the county legislative body may elect to impose a sales and use tax revenue
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distribution as described in Subsection (4), (5), (6), or (7), depending on the class of
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county, and presence and type of a public transit provider in the county.
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(4) [If ] Subject to Subsection (11), if a county legislative body imposes a sales and use tax
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as described in this section, and the entire boundary of the county is annexed into a large
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public transit district, and the county is a county of the first class, the commission shall
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distribute the sales and use tax revenue as follows:
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(a) .10% to a public transit district as described in Subsection (11);
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(b) .05% to the cities and towns as provided in Subsection (8); and
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(c) .05% to the county legislative body.
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(5) [If ] Subject to Subsection (11), if a county legislative body imposes a sales and use tax
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as described in this section and the entire boundary of the county is annexed into a large
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public transit district, and the county is a county not described in Subsection (4), the
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commission shall distribute the sales and use tax revenue as follows:
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(a) .10% to a public transit district as described in Subsection (11);
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(b) .05% to the cities and towns as provided in Subsection (8); and
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(c) .05% to the county legislative body.
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(6)(a) Except as provided in Subsection [(12)(c)] (13)(c), if the entire boundary of a
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county that imposes a sales and use tax as described in this section is not annexed
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into a single public transit district, but a city or town within the county is annexed
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into a single public transit district, or if the city or town is an eligible political
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subdivision, the commission shall distribute the sales and use tax revenue collected
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within the county as provided in Subsection (6)(b) or (c).
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(b) For a city, town, or portion of the county described in Subsection (6)(a) that is
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annexed into the single public transit district, or an eligible political subdivision, the
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commission shall distribute the sales and use tax revenue collected within the portion
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of the county that is within a public transit district or eligible political subdivision as
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follows:
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(i) .05% to a public transit provider as described in Subsection (11);
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(ii) .075% to the cities and towns as provided in Subsection (8); and
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(iii) .075% to the county legislative body.
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(c) Except as provided in Subsection [(12)(c)] (13)(c), for a city, town, or portion of the
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county described in Subsection (6)(a) that is not annexed into a single public transit
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district or eligible political subdivision in the county, the commission shall distribute
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the sales and use tax revenue collected within that portion of the county as follows:
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(i) .08% to the cities and towns as provided in Subsection (8); and
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(ii) .12% to the county legislative body.
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(7) For a county without a public transit service that imposes a sales and use tax as
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described in this section, the commission shall distribute the sales and use tax revenue
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collected within the county as follows:
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(a) .08% to the cities and towns as provided in Subsection (8); and
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(b) .12% to the county legislative body.
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(8)(a) Subject to Subsections (8)(b) and (c), the commission shall make the distributions
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required by Subsections (4)(b), (5)(b), (6)(b)(ii), (6)(c)(i), and (7)(a) as follows:
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(i) 50% of the total revenue collected under Subsections (4)(b), (5)(b), (6)(b)(ii),
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(6)(c)(i), and (7)(a) within the counties that impose a tax under Subsections (4)
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through (7) shall be distributed to the unincorporated areas, cities, and towns
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within those counties on the basis of the percentage that the population of each
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unincorporated area, city, or town bears to the total population of all of the
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counties that impose a tax under this section; and
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(ii) 50% of the total revenue collected under Subsections (4)(b), (5)(b), (6)(b)(ii),
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(6)(c)(i), and (7)(a) within the counties that impose a tax under Subsections (4)
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through (7) shall be distributed to the unincorporated areas, cities, and towns
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within those counties on the basis of the location of the transaction as determined
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under Sections 59-12-211 through 59-12-215.
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(b)(i) Population for purposes of this Subsection (8) shall be determined on the basis
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of the most recent official census or census estimate of the United States Census
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Bureau.
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(ii) If a needed population estimate is not available from the United States Census
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Bureau, population figures shall be derived from an estimate from the Utah
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Population Estimates Committee created by executive order of the governor.
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(c)(i) Beginning on January 1, 2024, if the Housing and Community Development
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Division within the Department of Workforce Services determines that a city or
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town is ineligible for funds in accordance with Subsection 10-9a-408(7),
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beginning the first day of the calendar quarter after receiving 90 days' notice, the
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commission shall distribute the distribution that city or town would have received
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under Subsection (8)(a) to cities or towns to which Subsection 10-9a-408(7) does
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not apply.
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(ii) Beginning on January 1, 2024, if the Housing and Community Development
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Division within the Department of Workforce Services determines that a county is
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ineligible for funds in accordance with Subsection 17-27a-408(7), beginning the
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first day of the calendar quarter after receiving 90 days' notice, the commission
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shall distribute the distribution that county would have received under Subsection
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(8)(a) to counties to which Subsection 17-27a-408(7) does not apply.
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(9) If a public transit service is organized after the date a county legislative body first
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imposes a tax under this section, a change in a distribution required by this section may
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not take effect until the first distribution the commission makes under this section after a
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90-day period that begins on the date the commission receives written notice from the
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public transit provider that the public transit service has been organized.
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(10)(a) Except as provided in Subsection (10)(b), a county, city, or town that received
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distributions described in Subsections (4)(b), (4)(c), (5)(b), (5)(c), (6)(b)(ii),
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(6)(b)(iii), (6)(c), and (7) may only expend those funds for a purpose described in
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Section 59-12-2212.2.
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(b) If a county described in Subsection (1)(a) that is a county of the first class imposes
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the sales and use tax authorized in this section, the county may also use funds
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distributed in accordance with Subsection (4)(c) for public safety purposes.
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(11)(a) Subject to Subsections (11)(b), (c), and (d), revenue designated for public transit
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as described in this section may be used for capital expenses and service delivery
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expenses of:
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(i) a public transit district;
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(ii) an eligible political subdivision; or
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(iii) another entity providing a service for public transit or a transit facility within the
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relevant county, as those terms are defined in Section 17B-2a-802.
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(b)(i)(A) If a county of the first class imposes a sales and use tax described in this
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section, [for a three-year period following] beginning on the date on which the
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county imposes the sales and use tax under this section, and for a three-year
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period after at least three counties described in Subsections (4) and (5) have
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imposed a tax under this section, or until June 30, 2030, whichever comes first,
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revenue designated for public transit within a county of the first class as
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described in Subsection (4)(a) shall be transferred to the County of the First
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Class Highway Projects Fund created in Section 72-2-121.
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(B) Revenue deposited into the County of the First Class Highway Projects Fund
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created in Section 72-2-121 as described in Subsection (11)(b)(i)(A) may be
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used for public transit innovation grants as provided in Title 72, Chapter 2, Part [
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3] 4, Public Transit Innovation Grants.
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(ii) If a county of the first class imposes a sales and use tax described in this section,
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beginning on the day three years after the date on which [the county imposed the
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tax as described in Subsection (11)(b)(i)] at least three counties described in
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Subsections (4) and (5) have imposed a tax under this section, or beginning on
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July 1, 2030, whichever comes first, for revenue designated for public transit as
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described in Subsection (4)(a):
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(A) 50% of the revenue from a sales and use tax imposed under this section in a
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county of the first class shall be transferred to the County of the First Class
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Highway Projects Fund created in Section 72-2-121; and
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(B) 50% of the revenue from a sales and use tax imposed under this section in a
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county of the first class shall be transferred to the Transit Transportation
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Investment Fund created in Subsection 72-2-124(9).
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(c)(i) If a county that is not a county of the first class for which the entire boundary of
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the county is annexed into a large public transit district imposes a sales and use
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tax described in this section, beginning on the date on which the county imposes
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the sales and use tax under this section, and for a three-year period following the
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date on which [the county imposes the sales and use tax under this section,] at least
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three counties described in Subsections (4) and (5) have imposed a tax under this
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section, or until June 30, 2030, whichever comes first, revenue designated for
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public transit as described in Subsection (5)(a) shall be transferred to the relevant
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county legislative body to be used for a purpose described in Subsection (11)(a).
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(ii) If a county that is not a county of the first class for which the entire boundary of
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the county is annexed into a large public transit district imposes a sales and use
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tax described in this section, beginning on the day three years after the date on
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which [the county imposed the tax as described in Subsection (11)(c)(i)] at least
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three counties described in Subsections (4) and (5) have imposed a tax under this
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section, or beginning on July 1, 2030, whichever comes first, for the revenue that
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is designated for public transit in Subsection (5)(a):
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(A) 50% shall be transferred to the Transit Transportation Investment Fund
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created in Subsection 72-2-124(9); and
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(B) 50% shall be transferred to the relevant county legislative body to be used for
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a purpose described in Subsection (11)(a).
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(d) Except as provided in Subsection [(12)(c)] (13)(c), for a county that imposes a sales
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and use tax under this section, for revenue designated for public transit as described
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in Subsection (6)(b)(i), the revenue shall be transferred to the relevant county
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legislative body to be used for a purpose described in Subsection (11)(a).
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(12) A large public transit district shall send notice to the commission at least 90 days
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before the earlier of:
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(a) the date that is three years after the date on which at least three counties described in
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Subsections (4) and (5) have imposed a tax under this section; or
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(b) June 30, 2030.
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[(12)] (13)(a) Notwithstanding Section 59-12-2208, a county legislative body may, but is
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not required to, submit an opinion question to the county's registered voters in
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accordance with Section 59-12-2208 to impose a sales and use tax under this section.
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(b) If a county passes an ordinance to impose a sales and use tax as described in this
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section, the sales and use tax shall take effect on the first day of the calendar quarter
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after a 90-day period that begins on the date the commission receives written notice
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from the county of the passage of the ordinance.
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(c) A county that imposed the local option sales and use tax described in this section
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before January 1, 2023, may maintain that county's distribution allocation in place as
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of January 1, 2023.
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[(13)] (14)(a) Revenue collected from a sales and use tax under this section may not be
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used to supplant existing General Fund appropriations that a county, city, or town
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budgeted for transportation or public transit as of the date the tax becomes effective
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for a county, city, or town.
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(b) The limitation under Subsection [(13)(a)] (14)(a) does not apply to a designated
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transportation or public transit capital or reserve account a county, city, or town
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established before the date the tax becomes effective.
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Section 2. Section 63B-34-101 is enacted to read:
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CHAPTER 34. 2025 BONDING AND FINANCING AUTHORIZATIONS
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Part 1. 2025 General Obligation Bonding Authorizations
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63B-34-101 . Transportation bonds -- Maximum amount -- Use for
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transportation projects related to affordable housing initiatives.
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(1)(a) Subject to the restriction in Subsection (1)(c), the total amount of bonds issued
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under this section may not exceed $70,000,000.
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(b) When the Department of Transportation certifies to the commission the amount of
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bond proceeds that the commission needs to provide funding for the projects
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described in Subsection (2), the commission may issue and sell general obligation
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bonds in an amount equal to the certified amount plus costs of issuance.
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(c) The commission may not issue general obligation bonds authorized under this
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section if the issuance for general obligation bonds would result in the total current
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outstanding general obligation debt of the state exceeding 50% of the limitation
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described in Utah Constitution, Article XIV, Section 1.
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(2)(a) Proceeds from the bonds issued under this section shall be provided to the
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Department of Transportation through the Transportation Investment Fund of 2005
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created in Section 72-2-124 to pay for or to provide funds to public entities for costs
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related to affordable housing initiatives as described in Subsection (2)(b).
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(b) Bond proceeds described under Subsection (2)(a) shall be used to pay for
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infrastructure to assist in affordable housing related grants and allocated as described
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in Title 72, Chapter 2, Part 5, Affordable Housing Infrastructure Grants.
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(c) The costs under this Subsection (2) may include the costs of acquiring land, interests
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in land, easements and rights-of-way, the costs of improving sites, making all
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improvements necessary, incidental, or convenient to the facilities, and the costs of
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interest estimated to accrue on these bonds during the period to be covered by
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construction of the projects plus a period of six months after the end of the
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construction period, interest estimated to accrue on any bond anticipation notes
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issued under the authority of this title, and all related engineering, architectural, and
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legal fees.
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(3) The executive director of the Department of Transportation may allocate bond proceeds
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under this section as provided in Title 72, Chapter 2, Part 5, Affordable Housing
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Infrastructure Grants.
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Section 3. Section 72-2-121 is amended to read:
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72-2-121 . County of the First Class Highway Projects Fund.
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(1) There is created a special revenue fund within the Transportation Fund known as the
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"County of the First Class Highway Projects Fund."
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(2) The fund consists of money generated from the following revenue sources:
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(a) any voluntary contributions received for new construction, major renovations, and
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improvements to highways within a county of the first class;
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(b) the portion of the sales and use tax described in Subsection 59-12-2214(3)(b)
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deposited into or transferred to the fund;
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(c) the portion of the sales and use tax described in Section 59-12-2217 deposited into or
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transferred to the fund;
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(d) a portion of the local option highway construction and transportation corridor
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preservation fee imposed in a county of the first class under Section 41-1a-1222
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deposited into or transferred to the fund; and
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(e) the portion of the sales and use tax transferred into the fund as described in
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Subsections 59-12-2220(4)(a) and 59-12-2220(11)(b).
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(3)(a) The fund shall earn interest.
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(b) All interest earned on fund money shall be deposited into the fund.
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(4) Subject to Subsection (11), the executive director shall use the fund money only:
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(a) to pay debt service and bond issuance costs for bonds issued under Sections
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63B-16-102, 63B-18-402, and 63B-27-102;
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(b) for right-of-way acquisition, new construction, major renovations, and improvements
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to highways within a county of the first class and to pay any debt service and bond
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issuance costs related to those projects, including improvements to a highway located
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within a municipality in a county of the first class where the municipality is located
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within the boundaries of more than a single county;
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(c) for the construction, acquisition, use, maintenance, or operation of:
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(i) an active transportation facility for nonmotorized vehicles;
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(ii) multimodal transportation that connects an origin with a destination; or
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(iii) a facility that may include a:
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(A) pedestrian or nonmotorized vehicle trail;
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(B) nonmotorized vehicle storage facility;
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(C) pedestrian or vehicle bridge; or
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(D) vehicle parking lot or parking structure;
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(d) to transfer to the 2010 Salt Lake County Revenue Bond Sinking Fund created by
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Section 72-2-121.3 the amount required in Subsection 72-2-121.3(4)(c) minus the
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amounts transferred in accordance with Subsection 72-2-124(4)(a)(iv);
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(e) for a fiscal year beginning on or after July 1, 2013, to pay debt service and bond
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issuance costs for $30,000,000 of the bonds issued under Section 63B-18-401 for the
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projects described in Subsection 63B-18-401(4)(a);
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(f) for a fiscal year beginning on or after July 1, 2013, and after the department has
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verified that the amount required under Subsection 72-2-121.3(4)(c) is available in
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the fund, to transfer an amount equal to 50% of the revenue generated by the local
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option highway construction and transportation corridor preservation fee imposed
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under Section 41-1a-1222 in a county of the first class:
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(i) to the legislative body of a county of the first class; and
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(ii) to be used by a county of the first class for:
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(A) highway construction, reconstruction, or maintenance projects; or
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(B) the enforcement of state motor vehicle and traffic laws;
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(g) for a fiscal year beginning on or after July 1, 2015, after the department has verified
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that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund
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and the transfer under Subsection (4)(e) has been made, to annually transfer an
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amount of the sales and use tax revenue imposed in a county of the first class and
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deposited into the fund in accordance with Subsection 59-12-2214(3)(b) equal to an
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amount needed to cover the debt to:
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(i) the appropriate debt service or sinking fund for the repayment of bonds issued
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under Section 63B-27-102; and
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(ii) the appropriate debt service or sinking fund for the repayment of bonds issued
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under Sections 63B-31-102 and 63B-31-103;
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(h) after the department has verified that the amount required under Subsection
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72-2-121.3(4)(c) is available in the fund and after the transfer under Subsection (4)(d),
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the payment under Subsection (4)(e), and the transfer under Subsection (4)(g)(i) has
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been made, to annually transfer $2,000,000 to a public transit district in a county of
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the first class to fund a system for public transit;
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(i) for a fiscal year beginning on or after July 1, 2018, after the department has verified
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that the amount required under Subsection 72-2-121.3(4)(c) is available in the fund
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and after the transfer under Subsection (4)(d), the payment under Subsection (4)(e),
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and the transfer under Subsection (4)(g)(i) has been made, through fiscal year 2027,
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to annually transfer 20%, and beginning with fiscal year 2028, and each year
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thereafter for 20 years, to annually transfer 33% of the amount deposited into the
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fund under Subsection (2)(b)[:]
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[(i)] to the legislative body of a county of the first class[; and] for the following
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purposes:
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[(ii)] (i) to fund parking facilities in a county of the first class that facilitate significant
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economic development and recreation and tourism within the state; and
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(ii) to be used for purposes allowed in Section 17-31-2;
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(j) subject to Subsection (5), for a fiscal year beginning on or after July 1, 2021, and for
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15 years thereafter, to annually transfer the following amounts to the following cities
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and the county of the first class for priority projects to mitigate congestion and
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improve transportation safety:
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(i) $2,000,000 to Sandy;
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(ii) $2,300,000 to Taylorsville;
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(iii) $1,100,000 to Salt Lake City;
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(iv) $1,100,000 to West Jordan;
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(v) $1,100,000 to West Valley City;
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(vi) $800,000 to Herriman;
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(vii) $700,000 to Draper;
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(viii) $700,000 to Riverton;
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(ix) $700,000 to South Jordan;
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(x) $500,000 to Bluffdale;
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(xi) $500,000 to Midvale;
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(xii) $500,000 to Millcreek;
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(xiii) $500,000 to Murray;
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(xiv) $400,000 to Cottonwood Heights; and
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(xv) $300,000 to Holladay;[ and]
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(k) for the 2024-25[ and] , 2025-26, and 2026-27 fiscal years, and subject to revenue
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balances after the distributions under Subsection (4)(j), to reimburse the following
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municipalities for the amounts and projects indicated, as each project progresses and
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as revenue balances allow:
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(i) $3,200,000 to South Jordan for improvements to Bingham Rim Road from
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Grandville Avenue to Mountain View Corridor;
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(ii) $1,960,000 to Midvale for improvements to Center Street between State Street
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and 700 West;
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(iii) $3,500,000 to Salt Lake City for first and last mile public transit improvements
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throughout Salt Lake City;
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(iv) $1,500,000 to Cottonwood Heights for improvements to Fort Union Boulevard
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and 2300 East;
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(v) $3,450,000 to Draper for improvements to Bangerter Highway between 13800
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South and I-15;
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(vi) $10,500,000 to Herriman to construct a road between U-111 and 13200 South;
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(vii) $3,000,000 to West Jordan for improvements to 1300 West;
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(viii) $1,050,000 to Riverton for improvements to the Welby Jacob Canal trail
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between 11800 South and 13800 South;
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(ix) $3,500,000 to Taylorsville for improvements to Bangerter Highway and 4700
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South;
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(x) $470,000 to the department for construction of a sound wall on Bangerter
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Highway at approximately 11200 South;
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(xi) $1,250,000 to Murray for improvements to Murray Boulevard between 4800
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South and 5300 South;
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[(xii) $1,450,000 to West Valley for construction of a road connecting 5400 South to
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U-111;]
389
[(xiii)] (xii) $1,840,000 to Magna for construction and improvements to 8400 West
390
and 4100 South;
391
[(xiv)] (xiii) $1,000,000 to South Jordan for construction of arterial roads connecting
392
U-111 and Old Bingham Highway;
393
[(xv)] (xiv) $1,200,000 to Millcreek for reconstruction of and improvements to 2000
394
East between 3300 South and Atkin Avenue;
395
[(xvi)] (xv) $1,230,000 to Holladay for improvements to Highland Drive between
396
Van Winkle Expressway and Arbor Lane;
397
[(xvii) $1,800,000 to West Valley City for improvements to 4000 West between 4100
398
South and 4700 South and improvements to 4700 South from 4000 West to
399
Bangerter Highway; and]
400
[(xviii)] (xvi) $1,000,000 to Taylorsville for improvements to 4700 South at the I-215
- 12 - Enrolled Copy H.B. 502
401
interchange[.] ;
402
(xvii) $3,750,000 to West Valley City for improvements to 4000 West between 4100
403
South and 4700 South and improvements to 4700 South from 4000 West to
404
Bangerter Highway;
405
(xviii) $1,700,000 to South Jordan for improvements to Prosperity Road between
406
Crimson View Drive and Copper Hawk Drive;
407
(xix) $2,300,000 to West Valley City for a road connecting U-111 at approximately
408
6200 South, then east and turning north and connecting to 5400 South;
409
(xx) $1,400,000 to Magna for improvements to 8000 West between 3500 South to
410
4100 South;
411
(xxi) $1,300,000 to Taylorsville for improvements on 4700 South between Redwood
412
Road and 2700 West; and
413
(xxii) $3,000,000 to West Jordan for improvements to 1300 West between 6600
414
South and 7800 South; and
415
(l) for a fiscal year beginning on or after July 1, 2026, and for 15 years thereafter, to pay
416
debt service and bond issuance costs for $70,000,000 of the bonds issued under
417
Section 63B-34-101 for the grants awarded under Part 5, Affordable Housing
418
Infrastructure Grants.
419
(5)(a) If revenue in the fund is insufficient to satisfy all of the transfers described in
420
Subsection (4)(j), the executive director shall proportionately reduce the amounts
421
transferred as described in Subsection (4)(j).
422
(b) A local government may not use revenue described in Subsection (4)(j) to supplant
423
existing class B or class C road funds that a local government has budgeted for
424
transportation projects.
425
(6) The revenues described in Subsections (2)(b), (c), and (d) that are deposited into the
426
fund and bond proceeds from bonds issued under Sections 63B-16-102, 63B-18-402,
427
and 63B-27-102 are considered a local matching contribution for the purposes described
428
under Section 72-2-123.
429
(7) The department may expend up to $3,000,000 of revenue deposited into the account as
430
described in Subsection 59-12-2220(11)(b) for public transit innovation grants, as
431
provided in Part [3] 4, Public Transit Innovation Grants.
432
(8) The additional administrative costs of the department to administer this fund shall be
433
paid from money in the fund.
434
(9) Subject to Subsection (11), and notwithstanding any statutory or other restrictions on
- 13 - H.B. 502 Enrolled Copy
435
the use or expenditure of the revenue sources deposited into this fund, the Department of
436
Transportation may use the money in this fund for any of the purposes detailed in
437
Subsection (4).
438
(10) Subject to Subsection (11), any revenue deposited into the fund as described in
439
Subsection (2)(e) shall be used to provide funding or loans for public transit projects,
440
operations, and supporting infrastructure in the county of the first class.
441
(11) For the first three years after a county of the first class imposes a sales and use tax
442
authorized in Section 59-12-2220, revenue deposited into the fund as described in
443
Subsection (2)(e) shall be allocated as follows:
444
(a) 10% to the department to construct an express bus facility on 5600 West; and
445
(b) 90% into the County of the First Class Infrastructure Bank Fund created in Section
446
72-2-302.
447
Section 4. Section 72-2-124 is amended to read:
448
72-2-124 . Transportation Investment Fund of 2005.
449
(1) There is created a capital projects fund entitled the Transportation Investment Fund of
450
2005.
451
(2) The fund consists of money generated from the following sources:
452
(a) any voluntary contributions received for the maintenance, construction,
453
reconstruction, or renovation of state and federal highways;
454
(b) appropriations made to the fund by the Legislature;
455
(c) registration fees designated under Section 41-1a-1201;
456
(d) the sales and use tax revenues deposited into the fund in accordance with Section
457
59-12-103;[ and]
458
(e) revenues transferred to the fund in accordance with Section 72-2-106[.] ;
459
(f) revenues transferred into the fund in accordance with Subsection 72-2-121(4)(l); and
460
(g) revenue from bond proceeds described in Section 63B-34-101.
461
(3)(a) The fund shall earn interest.
462
(b) All interest earned on fund money shall be deposited into the fund.
463
(4)(a) Except as provided in Subsection (4)(b), the executive director may only use fund
464
money to pay:
465
(i) the costs of maintenance, construction, reconstruction, or renovation to state and
466
federal highways prioritized by the Transportation Commission through the
467
prioritization process for new transportation capacity projects adopted under
468
Section 72-1-304;
- 14 - Enrolled Copy H.B. 502
469
(ii) the costs of maintenance, construction, reconstruction, or renovation to the
470
highway projects described in Subsections 63B-18-401(2), (3), and (4);
471
(iii) principal, interest, and issuance costs of bonds authorized by Section 63B-18-401
472
minus the costs paid from the County of the First Class Highway Projects Fund in
473
accordance with Subsection 72-2-121(4)(e);
474
(iv) for a fiscal year beginning on or after July 1, 2013, to transfer to the 2010 Salt
475
Lake County Revenue Bond Sinking Fund created by Section 72-2-121.3 the
476
amount certified by Salt Lake County in accordance with Subsection 72-2-121.3
477
(4)(c) as necessary to pay the debt service on $30,000,000 of the revenue bonds
478
issued by Salt Lake County;
479
(v) principal, interest, and issuance costs of bonds authorized by Section 63B-16-101
480
for projects prioritized in accordance with Section 72-2-125;
481
(vi) all highway general obligation bonds that are intended to be paid from revenues
482
in the Centennial Highway Fund created by Section 72-2-118;
483
(vii) for fiscal year 2015-16 only, to transfer $25,000,000 to the County of the First
484
Class Highway Projects Fund created in Section 72-2-121 to be used for the
485
purposes described in Section 72-2-121;
486
(viii) if a political subdivision provides a contribution equal to or greater than 40% of
487
the costs needed for construction, reconstruction, or renovation of paved
488
pedestrian or paved nonmotorized transportation for projects that:
489
(A) mitigate traffic congestion on the state highway system;
490
(B) are part of an active transportation plan approved by the department; and
491
(C) are prioritized by the commission through the prioritization process for new
492
transportation capacity projects adopted under Section 72-1-304;
493
(ix) $705,000,000 for the costs of right-of-way acquisition, construction,
494
reconstruction, or renovation of or improvement to the following projects:
495
(A) the connector road between Main Street and 1600 North in the city of
496
Vineyard;
497
(B) Geneva Road from University Parkway to 1800 South;
498
(C) the SR-97 interchange at 5600 South on I-15;
499
(D) subject to Subsection (4)(c), two lanes on U-111 from Herriman Parkway to
500
South Jordan Parkway;
501
(E) widening I-15 between mileposts 10 and 13 and the interchange at milepost 11;
502
(F) improvements to 1600 North in Orem from 1200 West to State Street;
- 15 - H.B. 502 Enrolled Copy
503
(G) widening I-15 between mileposts 6 and 8;
504
(H) widening 1600 South from Main Street in the city of Spanish Fork to SR-51;
505
(I) widening US 6 from Sheep Creek to Mill Fork between mileposts 195 and 197
506
in Spanish Fork Canyon;
507
(J) I-15 northbound between mileposts 43 and 56;
508
(K) a passing lane on SR-132 between mileposts 41.1 and 43.7 between mileposts
509
43 and 45.1;
510
(L) east Zion SR-9 improvements;
511
(M) Toquerville Parkway;
512
(N) an environmental study on Foothill Boulevard in the city of Saratoga Springs;
513
(O) using funds allocated in this Subsection (4)(a)(ix), and other sources of funds,
514
for construction of an interchange on Bangerter Highway at 13400 South; and
515
(P) an environmental impact study for Kimball Junction in Summit County; [and]
516
(x) $28,000,000 as pass-through funds, to be distributed as necessary to pay project
517
costs based upon a statement of cash flow that the local jurisdiction where the
518
project is located provides to the department demonstrating the need for money
519
for the project, for the following projects in the following amounts:
520
(A) $5,000,000 for Payson Main Street repair and replacement;
521
(B) $8,000,000 for a Bluffdale 14600 South railroad bypass;
522
(C) $5,000,000 for improvements to 4700 South in Taylorsville; and
523
(D) $10,000,000 for improvements to the west side frontage roads adjacent to U.S.
524
40 between mile markers 7 and 10[.] ; and
525
(xi) $13,000,000 as pass-through funds to Spanish Fork for the costs of right-of-way
526
acquisition, construction, reconstruction, or renovation to connect Fingerhut Road
527
over the railroad and to U.S. Highway 6.
528
(b) The executive director may use fund money to exchange for an equal or greater
529
amount of federal transportation funds to be used as provided in Subsection (4)(a).
530
(c)(i) Construction related to the project described in Subsection (4)(a)(ix)(D) may
531
not commence until a right-of-way not owned by a federal agency that is required
532
for the realignment and extension of U-111, as described in the department's 2023
533
environmental study related to the project, is dedicated to the department.
534
(ii) Notwithstanding Subsection (4)(c)(i), if a right-of-way is not dedicated for the
535
project as described in Subsection (4)(c)(i) on or before October 1, 2024, the
536
department may proceed with the project, except that the project will be limited to
- 16 - Enrolled Copy H.B. 502
537
two lanes on U-111 from Herriman Parkway to 11800 South.
538
(5)(a) Except as provided in Subsection (5)(b), if the department receives a notice of
539
ineligibility for a municipality as described in Subsection 10-9a-408(7), the executive
540
director may not program fund money to a project prioritized by the commission
541
under Section 72-1-304, including fund money from the Transit Transportation
542
Investment Fund, within the boundaries of the municipality until the department
543
receives notification from the Housing and Community Development Division within
544
the Department of Workforce Services that ineligibility under this Subsection (5) no
545
longer applies to the municipality.
546
(b) Within the boundaries of a municipality described in Subsection (5)(a), the executive
547
director:
548
(i) may program fund money in accordance with Subsection (4)(a) for a
549
limited-access facility or interchange connecting limited-access facilities;
550
(ii) may not program fund money for the construction, reconstruction, or renovation
551
of an interchange on a limited-access facility;
552
(iii) may program Transit Transportation Investment Fund money for a
553
multi-community fixed guideway public transportation project; and
554
(iv) may not program Transit Transportation Investment Fund money for the
555
construction, reconstruction, or renovation of a station that is part of a fixed
556
guideway public transportation project.
557
(c) Subsections (5)(a) and (b) do not apply to a project programmed by the executive
558
director before July 1, 2022, for projects prioritized by the commission under Section
559
72-1-304.
560
(6)(a) Except as provided in Subsection (6)(b), if the department receives a notice of
561
ineligibility for a county as described in Subsection 17-27a-408(7), the executive
562
director may not program fund money to a project prioritized by the commission
563
under Section 72-1-304, including fund money from the Transit Transportation
564
Investment Fund, within the boundaries of the unincorporated area of the county until
565
the department receives notification from the Housing and Community Development
566
Division within the Department of Workforce Services that ineligibility under this
567
Subsection (6) no longer applies to the county.
568
(b) Within the boundaries of the unincorporated area of a county described in Subsection
569
(6)(a), the executive director:
570
(i) may program fund money in accordance with Subsection (4)(a) for a
- 17 - H.B. 502 Enrolled Copy
571
limited-access facility to a project prioritized by the commission under Section
572
72-1-304;
573
(ii) may not program fund money for the construction, reconstruction, or renovation
574
of an interchange on a limited-access facility;
575
(iii) may program Transit Transportation Investment Fund money for a
576
multi-community fixed guideway public transportation project; and
577
(iv) may not program Transit Transportation Investment Fund money for the
578
construction, reconstruction, or renovation of a station that is part of a fixed
579
guideway public transportation project.
580
(c) Subsections (6)(a) and (b) do not apply to a project programmed by the executive
581
director before July 1, 2022, for projects prioritized by the commission under Section
582
72-1-304.
583
(7)(a) Before bonds authorized by Section 63B-18-401 or 63B-27-101 may be issued in
584
any fiscal year, the department and the commission shall appear before the Executive
585
Appropriations Committee of the Legislature and present the amount of bond
586
proceeds that the department needs to provide funding for the projects identified in
587
Subsections 63B-18-401(2), (3), and (4) or Subsection 63B-27-101(2) for the current
588
or next fiscal year.
589
(b) The Executive Appropriations Committee of the Legislature shall review and
590
comment on the amount of bond proceeds needed to fund the projects.
591
(8) The Division of Finance shall, from money deposited into the fund, transfer the amount
592
of funds necessary to pay principal, interest, and issuance costs of bonds authorized by
593
Section 63B-18-401 or 63B-27-101 in the current fiscal year to the appropriate debt
594
service or sinking fund.
595
(9)(a) There is created in the Transportation Investment Fund of 2005 the Transit
596
Transportation Investment Fund.
597
(b) The fund shall be funded by:
598
(i) contributions deposited into the fund in accordance with Section 59-12-103;
599
(ii) appropriations into the account by the Legislature;
600
(iii) deposits of sales and use tax increment related to a housing and transit
601
reinvestment zone as described in Section 63N-3-610;
602
(iv) transfers of local option sales and use tax revenue as described in Subsection
603
59-12-2220(11)(b) or (c);
604
(v) private contributions; and
- 18 - Enrolled Copy H.B. 502
605
(vi) donations or grants from public or private entities.
606
(c)(i) The fund shall earn interest.
607
(ii) All interest earned on fund money shall be deposited into the fund.
608
(d) Subject to Subsection (9)(e), the commission may prioritize money from the fund:
609
(i) for public transit capital development of new capacity projects and fixed guideway
610
capital development projects to be used as prioritized by the commission through
611
the prioritization process adopted under Section 72-1-304;
612
(ii) to the department for oversight of a fixed guideway capital development project
613
for which the department has responsibility; or
614
(iii) up to $500,000 per year, to be used for a public transit study.
615
(e)(i) Subject to Subsections (9)(g), (h), and (i), the commission may only prioritize
616
money from the fund for a public transit capital development project or pedestrian
617
or nonmotorized transportation project that provides connection to the public
618
transit system if the public transit district or political subdivision provides funds of
619
equal to or greater than 30% of the costs needed for the project.
620
(ii) A public transit district or political subdivision may use money derived from a
621
loan granted pursuant to [Title 72, Chapter 2, ]Part 2, State Infrastructure Bank
622
Fund, to provide all or part of the 30% requirement described in Subsection
623
(9)(e)(i) if:
624
(A) the loan is approved by the commission as required in [Title 72, Chapter 2, ]
625
Part 2, State Infrastructure Bank Fund; and
626
(B) the proposed capital project has been prioritized by the commission pursuant
627
to Section 72-1-303.
628
(f) Before July 1, 2022, the department and a large public transit district shall enter into
629
an agreement for a large public transit district to pay the department $5,000,000 per
630
year for 15 years to be used to facilitate the purchase of zero emissions or low
631
emissions rail engines and trainsets for regional public transit rail systems.
632
(g) For any revenue transferred into the fund pursuant to Subsection 59-12-2220(11)(b):
633
(i) the commission may prioritize money from the fund for public transit projects,
634
operations, or maintenance within the county of the first class; and
635
(ii) Subsection (9)(e) does not apply.
636
(h) For any revenue transferred into the fund pursuant to Subsection 59-12-2220(11)(c):
637
(i) the commission may prioritize public transit projects, operations, or maintenance
638
in the county from which the revenue was generated; and
- 19 - H.B. 502 Enrolled Copy
639
(ii) Subsection (9)(e) does not apply.
640
(i) The requirement to provide funds equal to or greater than 30% of the costs needed for
641
the project described in Subsection (9)(e) does not apply to a public transit capital
642
development project or pedestrian or nonmotorized transportation project that the
643
department proposes.
644
(j) In accordance with Part [3] 4, Public Transit Innovation Grants, the commission may
645
prioritize money from the fund for public transit innovation grants, as defined in
646
Section 72-2-401, for public transit capital development projects requested by a
647
political subdivision within a public transit district.
648
(10)(a) There is created in the Transportation Investment Fund of 2005 the Cottonwood
649
Canyons Transportation Investment Fund.
650
(b) The fund shall be funded by:
651
(i) money deposited into the fund in accordance with Section 59-12-103;
652
(ii) appropriations into the account by the Legislature;
653
(iii) private contributions; and
654
(iv) donations or grants from public or private entities.
655
(c)(i) The fund shall earn interest.
656
(ii) All interest earned on fund money shall be deposited into the fund.
657
(d) The Legislature may appropriate money from the fund for public transit or
658
transportation projects in the Cottonwood Canyons of Salt Lake County.
659
(e) The department may use up to 2% of the revenue deposited into the account under
660
Subsection 59-12-103(7)(b) to contract with local governments as necessary for
661
public safety enforcement related to the Cottonwood Canyons of Salt Lake County.
662
(f) Beginning with fiscal year beginning on July 1, 2025, the department shall use any
663
sales and use tax growth over sales and use tax collections during the 2025 fiscal year
664
to fund projects to provide ingress and egress for a public transit hub, including
665
construction of the public transit hub, in the Big Cottonwood Canyon area.
666
(11)(a) There is created in the Transportation Investment Fund of 2005 the Active
667
Transportation Investment Fund.
668
(b) The fund shall be funded by:
669
(i) money deposited into the fund in accordance with Section 59-12-103;
670
(ii) appropriations into the account by the Legislature; and
671
(iii) donations or grants from public or private entities.
672
(c)(i) The fund shall earn interest.
- 20 - Enrolled Copy H.B. 502
673
(ii) All interest earned on fund money shall be deposited into the fund.
674
(d) The executive director may only use fund money to pay the costs needed for:
675
(i) the planning, design, construction, maintenance, reconstruction, or renovation of
676
paved pedestrian or paved nonmotorized trail projects that:
677
(A) are prioritized by the commission through the prioritization process for new
678
transportation capacity projects adopted under Section 72-1-304;
679
(B) serve a regional purpose; and
680
(C) are part of an active transportation plan approved by the department or the
681
plan described in Subsection (11)(d)(ii);
682
(ii) the development of a plan for a statewide network of paved pedestrian or paved
683
nonmotorized trails that serve a regional purpose; and
684
(iii) the administration of the fund, including staff and overhead costs.
685
(12)(a) As used in this Subsection (12), "commuter rail" means the same as that term is
686
defined in Section 63N-3-602.
687
(b) There is created in the Transit Transportation Investment Fund the Commuter Rail
688
Subaccount.
689
(c) The subaccount shall be funded by:
690
(i) contributions deposited into the subaccount in accordance with Section 59-12-103;
691
(ii) appropriations into the subaccount by the Legislature;
692
(iii) private contributions; and
693
(iv) donations or grants from public or private entities.
694
(d)(i) The subaccount shall earn interest.
695
(ii) All interest earned on money in the subaccount shall be deposited into the
696
subaccount.
697
(e) As prioritized by the commission through the prioritization process adopted under
698
Section 72-1-304 or as directed by the Legislature, the department may only use
699
money from the subaccount for projects that improve the state's commuter rail
700
infrastructure, including the building or improvement of grade-separated crossings
701
between commuter rail lines and public highways.
702
(f) Appropriations made in accordance with this section are nonlapsing in accordance
703
with Section 63J-1-602.1.
704
Section 5. Section 72-2-302 is amended to read:
705
72-2-302 . County of the First Class Infrastructure Bank Fund -- Creation -- Use
706
of money.
- 21 - H.B. 502 Enrolled Copy
707
(1) There is created a revolving loan fund entitled the County of the First Class
708
Infrastructure Bank Fund.
709
(2)(a) The fund consists of money generated from the following revenue sources:
710
(i) deposits into the fund in accordance with Subsection 72-2-121(9);
711
(ii) appropriations made to the fund by the Legislature;
712
(iii) federal money and grants that are deposited into the fund;
713
(iv) money transferred to the fund by the commission from other money available to
714
the department;
715
(v) state grants that are deposited into the fund;
716
(vi) contributions or grants from any other private or public sources for deposit into
717
the fund; and
718
(vii) subject to Subsection (2)(b) and Section 72-2-306, all money collected from
719
repayments of fund money used for infrastructure loans or infrastructure
720
assistance.
721
(b) When a loan from the fund is repaid, the department may request and the Legislature
722
may transfer from the fund to the source from which the money originated an amount
723
equal to the repaid loan.
724
(3)(a) The fund shall earn interest.
725
(b) All interest earned on fund money shall be deposited into the fund.
726
(4)(a) [Money ] Except as provided in Subsection (4)(b), money in the fund shall be used
727
by the department, as prioritized by the commission, only to:
728
[(a)] (i) provide infrastructure loans or infrastructure assistance; and
729
[(b)] (ii) pay the department for the costs of administering the fund, providing
730
infrastructure loans or infrastructure assistance, monitoring transportation projects
731
and publicly owned infrastructure projects, and obtaining repayments of
732
infrastructure loans or infrastructure assistance.
733
(b) Notwithstanding Subsection (4)(a), money in the fund shall be used by the
734
department to provide funds in the following order of priority:
735
(i) a $20,000,000 loan to Draper for the renovation of existing water pipelines and the
736
expansion of drinking water infrastructure;
737
(ii) a $5,000,000 loan to Herriman for the mitigation and replacement of impacted
738
soils;
739
(iii) a $9,000,000 grant to the County of the First Class Highway Projects Fund
740
created in Section 72-2-121;
- 22 - Enrolled Copy H.B. 502
741
(iv) a $4,000,000 grant to Metropolitan Water District of Salt Lake and Sandy for the
742
Little Cottonwood Creek conduit connecting to the water treatment plant;
743
(v) a $2,000,000 grant to Draper for construction, expansion, and renovation of new
744
and existing drinking water infrastructure;
745
(vi) a $2,000,000 grant to West Jordan for improvements to 6700 West between 9000
746
South and New Bingham Highway;
747
(vii) a $2,500,000 grant to Riverton for improvements to 2700 West between 13400
748
South and Bangerter Highway; and
749
(viii) a $30,000,000 grant to Bluffdale for construction of a multiple lane,
750
grade-separated rail crossing at 1000 West and 14600 South.
751
(5)(a) The department may establish separate accounts in the fund for infrastructure
752
loans, infrastructure assistance, administrative and operating expenses, or any other
753
purpose to implement this part.
754
(b) Prioritization of infrastructure loans described in Subsection (5)(a) shall follow the
755
same process as described in Section 72-2-303.
756
(c) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the
757
department may make rules governing how the fund and its accounts may be held by
758
an escrow agent.
759
(6) Fund money shall be invested by the state treasurer as provided in Title 51, Chapter 7,
760
State Money Management Act, and the earnings from the investments shall be credited
761
to the fund.
762
Section 6. Section 72-2-306 is amended to read:
763
72-2-306 . Distribution of funds after repayment.
764
(1) Any money deposited into the fund from repayment of a loan or interest issued under
765
this part shall be distributed as described in this section.
766
(2) As the department receives repayment of a loan and interest issued under this part, the
767
department shall distribute:
768
(a) [50%] 95% of the money to Sandy, for a bridge connecting a commuter rail station on
769
the west side of I-15 with property owned by Sandy City at approximately 10240
770
South Monroe Street on the east side of I-15; and
771
(b) 5% to the department for improvements to 12600 South in Riverton to facilitate a
772
jurisdictional transfer of the road from Riverton to the state.
773
[(b) 30% of the money to Bluffdale, for construction of a multiple lane, grade-separated
774
rail crossing at 1000 West and 14600 South; and]
- 23 - H.B. 502 Enrolled Copy
775
[(c) 20% of the money to the department, to construct and provide enhanced ingress and
776
egress to a transit mobility center on property north of Big Cottonwood Canyon.]
777
Section 7. Section 72-2-501 is enacted to read:
778
Part 5. Affordable Housing Infrastructure Grants
779
72-2-501 . Definitions.
780
As used in this part:
781
(1) "Affordable housing unit" means a dwelling that:
782
(a) is offered for rent at a rental price affordable to a household with a gross income of
783
no more than 80% of the area median income for the county in which the residential
784
unit is offered for rent; or
785
(b) is offered for sale to an owner-occupier at a purchase price affordable to a household
786
with a gross income of no more than 120% of the area median income for the county
787
in which the residential unit is offered for sale and is deed restricted for no fewer than
788
five years.
789
(2) "Board" means the affordable housing infrastructure grant board created in Section
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72-2-503.
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(3) "Grant" means a grant issued to a public entity in a county of the first class as provided
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in this part.
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Section 8. Section 72-2-502 is enacted to read:
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72-2-502 . Affordable housing infrastructure grant funding sources.
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(1) In accordance with Section 72-2-503, the board may rank, prioritize, and award
796
affordable housing infrastructure grants to public entities within a county of the first
797
class with money derived from the following sources:
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(a) bond proceeds deposited into the Transportation Investment Fund of 2005 created in
799
Section 72-2-124 in accordance with a bond issued under Section 63B-34-101;
800
(b) appropriations by the Legislature; and
801
(c) any other transfers or contributions.
802
(2) Administrative costs of the department to administer affordable housing infrastructure
803
grants under this part shall be paid from the funds described in Subsection (1).
804
Section 9. Section 72-2-503 is enacted to read:
805
72-2-503 . Board creation -- Duties -- Grant administration.
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(1) There is created the affordable housing infrastructure grant board consisting of the
807
following members:
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(a) the executive director of the department, or the executive director's designee;
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809
(b) the executive director of the Governor's Office of Economic Opportunity appointed
810
under Section 63N-1a-302, or the executive director's designee; and
811
(c) an employee of the governor's office that is an expert or advisor on housing strategy,
812
appointed by the governor.
813
(2)(a) The Governor's Office of Economic Opportunity shall provide staff support for
814
the board and the grant program.
815
(b) The Governor's Office of Economic Opportunity may use and the department shall
816
transfer grant funds for the costs of the Governor's Office of Economic Opportunity
817
to administer the grant program under this part.
818
(c) The Governor's Office of Economic Opportunity and the department shall enter into
819
a memorandum of understanding to facilitate the calculation and transfer of funds for
820
the administrative costs described in Subsection (2)(b).
821
(3) The Governor's Office of Economic Opportunity, in consultation with the board, shall
822
develop a process for the prioritization of grant proposals that includes:
823
(a) instructions on making and submitting a grant proposal;
824
(b) methodology for selecting grants; and
825
(c) methodology for awarding grants.
826
(4) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the
827
Governor's Office of Economic Opportunity shall make rules to establish the process
828
described in Subsection (3) and as otherwise necessary to implement this part.
829
(5) The board shall:
830
(a) accept grant applications;
831
(b) rank grant proposals; and
832
(c) award grants in accordance with this part.
833
(6) A grant applicant shall ensure that each grant proposal includes:
834
(a) information about the proposed project, including the projected number of affordable
835
housing units, which may not be less than 50 units of affordable housing;
836
(b) the projected time line of the proposed project;
837
(c) data and information regarding the proposed types of affordable housing; and
838
(d) information about the public infrastructure and other improvements needed.
839
(7)(a) In considering a grant proposal, the board shall consider criteria including:
840
(i) the value and number of housing units the project will produce;
841
(ii) the value of any matching contribution from the grant applicant, including
842
information about how the public entity determined the value of the matching
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843
assets; and
844
(iii) any other criteria the board determines relevant.
845
(b) For a grant proposal including highway infrastructure, the board may not award a
846
grant unless the grant applicant provides a minimum matching contribution of the
847
right-of-way needed for the highway improvements.
848
(c) If a grant proposal includes highway infrastructure, the board shall give priority to
849
the construction of public highways that are highways of regional significance that
850
connect to other highways or points of regional significance.
851
(8)(a) Subject to available funding, and subject to Subsection (8)(b), the board may
852
award a grant to a recipient that the board determines advisable.
853
(b) For every $20,000 of grant funding awarded to a recipient, the infrastructure shall
854
support at least one unit of affordable housing.
855
(c) The board may not award a grant to a recipient if the board determines that the
856
recipient will not be able to satisfy the requirement under Subsection (8)(b).
857
(9) If the board approves the award of a grant as provided in this part, the department shall
858
transfer the money to the grant recipient in accordance with Subsection (10).
859
(10)(a) Before the department may provide grant money to a public entity for a project
860
related to a grant awarded by the board, the public entity shall provide a detailed cost
861
estimate of costs to complete the planning and design of the project.
862
(b) If the executive director approves the cost estimate described in Subsection (10)(a),
863
the department may provide to the public entity grant money reasonably necessary to
864
complete the planning and design of the project.
865
(c) After completion of the planning and design of a project related to a grant awarded
866
by the board, the public entity shall provide to the department a detailed estimate of
867
the costs to construct and complete the project described in Subsection (10)(b).
868
(d) If the executive director approves the cost estimates described in Subsection (10)(c),
869
the department may provide grant money to a public entity to construct and complete
870
the project described in Subsection (10)(b).
871
Section 10. Section 72-2-504 is enacted to read:
872
72-2-504 . Report.
873
(1) On or before September 1 of each year during the life of a project related to a grant
874
awarded by the board, a recipient of grant money under this part shall provide a written
875
report to the board.
876
(2) The report described in Subsection (1) shall include:
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877
(a) the amount of money provided through the grant;
878
(b) an accounting of how the grant money has been utilized;
879
(c) the progress of the project; and
880
(d) the number of affordable housing units completed or under construction.
881
Section 11. Effective Date.
882
This bill takes effect on May 7, 2025.
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