News

CRA Bills for the 2019 General Session

HB0070 – Community Reinvestment Agency Modifications (Rep. Coleman)

Bill Summary:

  • removes provisions that prevented the creation of an economic development project area after 2016;
  • allows an economic development project area to receive tax increment through an interlocal agreement between a taxing entity and the agency;
  • addresses measurement of the project area funds collection period
  • requires a community that creates an agency having a housing allocation from tax increment to create an affordable housing plan;
  • allows an agency to use the agency’s housing allocation to implement the affordable housing plan;
  • requires a description of how an agency used the agency’s housing allocation in the agency’s annual budget report;
  • imposes certain requirements on jobs that will be created for post-performance distribution;
  • for urban renewal project areas, removes the option to reduce the agency’s housing allocation;
  • requires an agency to start distributing the agency’s housing allocation held from project areas in the past;
  • makes technical and conforming changes

Committee Assignment: House Political Subdivisions Committee

Schedule: Not Scheduled

HB0185 – Tax Increment Funding for Student Housing (Rep. Owens)

Bill Summary:

  • allows a community reinvestment agency to use the agency’s housing allocation for certain higher education student housing;
  • makes technical and conforming changes

Committee Assignment: House Education Committee

Committee Assignment: Senate Revenue and Taxation Committee

Schedule: Not Scheduled

  1. Amendment #1 – PASSED 2/4/19
  2. Held 2/4/19
  3. Amendment #2 – PASSED 2/6/19
  4. Favorable Recommendation 2/6/19
  5. House Readings – PASSED 2/15/19

HB0245 – 1st Substitute – Community Reinvestment Agency Revisions (Rep. Winder)

Bill Summary:

  • defines terms;
  • replaces the term “blight” with “development impediment”;
  • beginning on May 14, 2019, prohibits an agency from creating a taxing entity committee for a community reinvestment project area;
  • requires an agency that allocates the agency’s community reinvestment project area funds for housing to:
    • adopt a housing plan; or
    • implement the housing plan that the community that created the agency adopted;
  • makes technical and conforming changes

Committee Assignment: House Economic Development and Workforce Services

Schedule: House Readings

  1. Substitute Recommendation – PASSED 2/13/19
  2. Amendment #1 – PASSED 2/13/19
  3. Favorable Recommendation 2/13/19

SB0056 – Community Reinvestment Agency Report Amendments (Sen. Henderson)

Bill Summary:

  • requires each county to create a publicly accessible database to track certain information about each community reinvestment agency located within the county;
  • requires each community reinvestment agency to annually upload required information to the database of the county in which the agency operates;
  • allows a county to contract with a third party to create and administer the database;
  • makes technical and conforming changes

Committee Assignment: Senate Government Operations and Political Subdivision Committee

Schedule: Senate Readings

  1. Amendment 1 – PASSED 2/5/2019
  2. Favorable Recommendation 2/5/2019

SB0077 – 1st Substitute – Tax Increment Amendments (Sen. Bramble)

Bill Summary:

  • defines terms;
  • clarifies the application of the Community Reinvestment Agency Act;
  • clarifies the manner in which an agency may receive a taxing entity’s tax revenue that results from a tax increase;
  • makes technical and conforming changes

Committee Assignment: Senate Government Operations and Political Subdivision Committee

Schedule: House Readings

  1. Substitute Recommendation – PASSED 2/5/2019
  2. Favorable Recommendation 2/5/2019
  3. Senate Readings – PASSED 2/20/2019

SB0098 – 1st Substitute – Community Reinvestment Agency Amendments (Sen. Harper)

Bill Summary:

  • limits an agency’s reporting requirements to only the reports required by law;
  • prohibits a taxing entity from reducing the amount of project area funds under an interlocal agreement by a certain amount;
  • places limitations on certain administrative fees a taxing entity may charge an agency;
  • removes the requirement for an agency to provide a housing allocation if the county and the agency agree and the community reinvestment project area plan:
    • provides solely for nonresidential project area development;
    • provides for a percentage of jobs created within the project area to have a certain annual gross wage;
  • makes technical and conforming changes

Committee Assignment: Senate Government Operations and Political Subdivision Committee

Schedule: House Readings

  1. Substitute Recommendation – PASSED 2/5/2019
  2. Amendment Recommendation – PASSED 2/5/2019
  3. Favorable Recommendation 2/5/2019
  4. Senate Readings – PASSED 2/20/2019
Our Mission

The Utah Redevelopment Association (URA) represents Community Renewal Agencies statewide.  Membership includes officials from state, county and local government agencies as well as representatives from financial institutions, consultants, developers and law firms related to redevelopment.

The URA serves as an educational resource and shares information among its members.  It also monitors state legislation and policies that influence economic development, redevelopment and housing issues throughout the state.

The URA meets regularly to discuss proposed legislation and provide education on redevelopment issues.