Utah legislation · 2026 General Session
Utah SB225: Public Corporation Amendments
Status: Signed into law, March 18, 2026
This bill modifies provisions related to the Utah Inland Port Authority and the State Fair Park Authority.
What the bill says
A resolution adopted by the board written determination, issued by the executive director, that designates a transition date and a trigger date, which may be the same date, for the parcel specified in the resolution written determination . (b) "Post-designation parcel" means a parcel within a project area after the transition date for that parcel. (c) "Pre-designation parcel" means a parcel within a project area before the transition date for that parcel. (d) "Transition date" means the date indicated in a designation resolution order after which the parcel that is the subject of the designati.
From the enrolled text, March 12, 2026:
a resolution adopted by the board written determination, issued by the executive director, that designates a transition date and a trigger date, which may be the same date, for the parcel specified in the resolution written determination . (b) "Post-designation parcel" means a parcel within a project area after the transition date for that parcel. (c) "Pre-designation parcel" means a parcel within a project area before the transition date for that parcel. (d) "Transition date" means the date indicated in a designation resolution order after which the parcel that is the subject of the designation resolution order is a post-designation parcel. (e) "Trigger date" means the date indicated in a designation resolution order upon which tax differential payments due to the authority commence. (2) This section applies to nonmunicipal differential and general differential to be paid to the authority. (3) The authority shall be paid 75% of nonmunicipal differential generated from a pre-designation parcel that is part of the authority jurisdictional land: (a) for the period beginning November 2019 and ending the earlier of: (i) the transition date for that parcel; and (ii) November 30, 2044; and (b) for a period of up to 15 years following November 2044 if, before the end of November 2044: (i) the parcel has not become a post-designation parcel; and (ii) the board adopts …