Utah HB0492 amends tax laws, creates a State Housing Infrastructure Partnership Fund, and establishes a board to manage infrastructure loans and.

Utah HB0492 amends sales and use tax laws, creates the State Housing Infrastructure Partnership Fund, and establishes the State Housing Infrastructure Partnership Board. The bill defines terms, creates the fund for local infrastructure projects, and requires the State Tax Commission to deposit a certain amount of sales and use tax revenue into the fund. The board is tasked with making infrastructure loans, awarding grants, and ensuring loans are repaid. The bill also authorizes the sale of surplus real property by state agencies and makes technical and conforming changes.

Utah HB0492 amends tax laws, creates a State Housing Infrastructure Partnership Fund, and establishes a board to manage infrastructure loans and.

Utah HB0492 amends sales and use tax laws, creates the State Housing Infrastructure Partnership Fund, and establishes the State Housing Infrastructure Partnership Board. The bill defines terms, creates the fund for local infrastructure projects, and requires the State Tax Commission to deposit a certain amount of sales and use tax revenue into the fund. The board is tasked with making infrastructure loans, awarding grants, and ensuring loans are repaid. The bill also authorizes the sale of surplus real property by state agencies and makes technical and conforming changes.