Utah legislation · 2025 General Session
Utah HB331: Olympics Amendments
Status: Chaptered, March 23, 2026
This bill modifies provisions of the Olympic and Paralympic Winter Games Act.
What the bill says
A joint resolution; (v) an Olympic facility manager may not agree to the imposition of a lien, mortgage, debt, trust deed, pledge, assignment, judgment, or any other financial encumbrance or obligation against an Olympic facility, but may encumber that portion of the Olympic facility that is not being sold to grant rights-of-way or easements, but only to the extent: (A) necessary for the real estate development on the portion of the Olympic facility being sold; and (B) approved in writing by the governor after the governor determines that the Olympic facility manager is legally able to encumbe.
From the introduced text:
a joint resolution; (v) an Olympic facility manager may not agree to the imposition of a lien, mortgage, debt, trust deed, pledge, assignment, judgment, or any other financial encumbrance or obligation against an Olympic facility, but may encumber that portion of the Olympic facility that is not being sold to grant rights-of-way or easements, but only to the extent: (A) necessary for the real estate development on the portion of the Olympic facility being sold; and (B) approved in writing by the governor after the governor determines that the Olympic facility manager is legally able to encumber the Olympic facility; (vi) before executing any agreement obligating an Olympic facility manager to sell a portion of an Olympic facility, the Olympic facility manager shall: (A) obtain a written legal opinion that any legal requirements or restrictions related to the sale of a portion of the Olympic facility can be satisfied before the execution of the sale of a portion of the Olympic facility; and (B) provide a copy of the legal opinion to the governor, the president of the Senate, and the speaker of the House or Representatives; and (vii) an Olympic facility manager shall enter into an agreement with the governor's office, or other entity designated by the governor's office, to indemnify, hold harmless, and release the state and any …