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 replicamade 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: Enrolling
- Amendment #1 – PASSED 2/4/19
- Held 2/4/19
- Amendment #2 – PASSED 2/6/19
- Favorable Recommendation 2/6/19
- House Readings – PASSED 2/15/19
- Favorable Recommendation 2/25/19
- Senate Readings – PASSED 3/1/19
HB0245 – 3rd 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;
- amends requirements for an agency’s notice when the agency considers and executes an interlocal agreement for a community reinvestment project area;
- makes technical and conforming changes
Committee Assignment: House Economic Development and Workforce Services
Committee Assignment: Senate Government Operations and Political Subdivisions Committee
Schedule: 3/5/19 – 8AM – 220 Senate Building
- Substitute Recommendation – PASSED 2/13/19
- Amendment #1 – PASSED 2/13/19
- Favorable Recommendation 2/13/19
- Substitute Recommendation – PASSED 2/22/19
- House Readings – PASSED 2/22/19
SB0056 – 1st Substitute – Community Reinvestment Agency Report Amendments (Sen. Henderson)
Bill Summary:
- requires the Governor’s Office of Economic Development to create a publicly accessible database to track certain information about each community reinvestment agency located within the state;
- allows the Governor’s Office of Economic Development to contract with a third party to create and administer the state database;
- requires each community reinvestment agency to annually upload required information to the state database;
- makes technical and conforming changes
Committee Assignment: Senate Government Operations and Political Subdivision Committee
Committee Assignment: House Government Operations Committee
Schedule: 3/4/19 – 8AM – 30 House Building
- Amendment 1 – PASSED 2/5/2019
- Favorable Recommendation 2/5/2019
- Substitute Recommendation – PASSED 2/26/19
- Senate Readings – PASSED 2/26/19
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
Committee Assignment: House Revenue and Taxation Committee
Schedule: House Readings
- Substitute Recommendation – PASSED 2/5/2019
- Favorable Recommendation 2/5/2019
- Senate Readings – PASSED 2/20/2019
- Favorable Recommendation 2/26/19
SB0098 – 2nd 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;
- 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
Committee Assignment: House Revenue and Taxation Committee
Schedule: House Readings
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.
school4-dinsk.ruschool4-dinsk.ruпschool4-dinsk.ruиschool4-dinsk.ruнschool4-dinsk.ruкschool4-dinsk.ruоschool4-dinsk.ru school4-dinsk.ruкschool4-dinsk.ruаschool4-dinsk.ruзschool4-dinsk.ruиschool4-dinsk.ruнschool4-dinsk.ruоschool4-dinsk.ru<school4-dinsk.ru/school4-dinsk.ruaschool4-dinsk.ru>school4-dinsk.ru
Zákaznická podpora Mostbet je dostupná 24/7 a reaguje poměrně rychle.
Mostbet poskytuje rychlou registraci, která zabere jen několik minut.tipwin login
Bonuslar baxımından Mostbet yeni və mövcud oyunçular üçün rəqabətədavamlı təkliflər təqdim edir.