UtahS.B. 2782026 General SessionSenateWALLET

Development Authority Modifications

Sponsored By: Jerry W Stevenson (Republican)

Signed by Governor

Land UseMunicipalitiesPolitical Subdivisions (Local Issues)Special Service DistrictsSunsets and RepealersPrivilege TaxRevenue and TaxationIndependent EntitiesUtah Inland Port AuthorityDivision of FinanceMilitary Installation Development AuthorityProperty Conveyance

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Bill Overview

Analyzed Economic Effects

4 provisions identified: 0 benefits, 1 costs, 3 mixed.

Business tax on Point land leases

If you lease Point of the Mountain state land for a for‑profit business, you pay the State Privilege Tax. The tax starts January 1 of the year after your lease is signed. The county sends the tax to the land authority under a set schedule. For “phase one” land (agreement before Jan 1, 2026, up to 105 acres), the authority’s share is 100% starting Jan 1, 2025; 96.3% starting Jan 1, 2038; 92.5% starting Jan 1, 2044; 90% starting Jan 1, 2049; 87.5% starting Jan 1, 2054; and 25% starting Jan 1, 2068. The same timing applies to other land unless the authority gives written notice to the county treasurer by October 1 before a lower share begins.

Tighter oversight of infrastructure district boards

For districts created on or after May 6, 2026, most board members must be appointed by the creating development authority. Districts the Point of the Mountain authority created earlier must amend their rules by July 1, 2026 so at least 40% of seats are appointed by the authority. Any cut to the authority’s appointments needs a compelling reason, a two‑thirds vote of both the district board and the governing body, and the authority must still appoint at least 40%. A district created by a development authority that has issued a bond may add new debt only if its governing document approved by the governing body allows it, or if a majority of the board is appointed by that body.

Faster planning for state land sales

Effective May 6, 2026, a city may work with an exempt state landowner who plans to sell a parcel and set future land‑use rules that will apply after the sale. If the state landowner requests it and the rules will govern the parcel once sold, the city can skip some public notice and procedure steps. When the Point of the Mountain authority plans to sell a parcel to a private buyer, it must coordinate with Draper and give the city a draft land‑use rule for that parcel.

Sales and property tax to land authority

The tax commission sends 25% of sales and use tax from sales on Point of the Mountain land to the land authority. Payments start the first calendar quarter at least 90 days after the authority gives a certified map, and stop the quarter at least 90 days after bonds paid with this money are fully paid. This share is reduced from 50% to 25%. Starting Jan 1, 2026, the authority also gets 25% of the growth in property tax from any parcel that is transferred to a private owner for 25 years, beginning January 1 after the transfer date. The board may add 15 more years by a resolution adopted before the first 25 years end.

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Sponsors & Cosponsors

Sponsor

  • Jerry W Stevenson

    Republican • Senate

Cosponsors

  • Jordan D. Teuscher

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 152 • No: 15

House vote 3/6/2026

House/ uncircled

Yes: 0 • No: 0

House vote 3/6/2026

House/ substituted

Yes: 0 • No: 0

House vote 3/6/2026

House/ passed 3rd reading

Yes: 54 • No: 8

House vote 3/6/2026

House/ circled

Yes: 0 • No: 0

Senate vote 3/6/2026

Senate/ concurs with House amendment

Yes: 27 • No: 1

House vote 3/3/2026

House Comm - Favorable Recommendation

Yes: 10 • No: 0

House vote 3/3/2026

House Comm - Substitute Recommendation

Yes: 10 • No: 0

Senate vote 2/27/2026

Senate/ uncircled

Yes: 0 • No: 0

Senate vote 2/27/2026

Senate/ circled

Yes: 0 • No: 0

Senate vote 2/27/2026

Senate/ passed 3rd reading

Yes: 25 • No: 3

Senate vote 2/26/2026

Senate/ passed 2nd reading

Yes: 21 • No: 3

Senate vote 2/26/2026

Senate/ uncircled

Yes: 0 • No: 0

Senate vote 2/26/2026

Senate/ substituted

Yes: 0 • No: 0

Senate vote 2/24/2026

Senate/ circled

Yes: 0 • No: 0

House vote 2/13/2026

Senate Comm - Favorable Recommendation

Yes: 5 • No: 0

Actions Timeline

  1. Governor Signed

    3/18/2026
  2. Senate/ to Governor

    3/13/2026Senate
  3. Senate/ received enrolled bill from Printing

    3/13/2026Senate
  4. Senate/ enrolled bill to Printing

    3/12/2026Senate
  5. Enrolled Bill Returned to House or Senate

    3/12/2026
  6. Draft of Enrolled Bill Prepared

    3/11/2026
  7. Bill Received from Senate for Enrolling

    3/11/2026
  8. Senate/ signed by President/ sent for enrolling

    3/11/2026Senate
  9. Senate/ received from House

    3/11/2026Senate
  10. House/ to Senate

    3/7/2026House
  11. House/ signed by Speaker/ returned to Senate

    3/7/2026House
  12. House/ received from Senate

    3/7/2026House
  13. Senate/ to House

    3/6/2026Senate
  14. Senate/ concurs with House amendment

    3/6/2026Senate
  15. Senate/ placed on Concurrence Calendar

    3/6/2026Senate
  16. Senate/ received from House

    3/6/2026Senate
  17. House/ to Senate

    3/6/2026House
  18. House/ passed 3rd reading

    3/6/2026House
  19. House/ substituted

    3/6/2026House
  20. House/ uncircled

    3/6/2026House
  21. House/ circled

    3/6/2026House
  22. House/ 3rd reading

    3/6/2026House
  23. House/ 2nd reading

    3/6/2026House
  24. House/ Rules to 3rd Reading Calendar

    3/6/2026House
  25. House/ return to Rules due to fiscal impact

    3/3/2026House

Bill Text

  • Enrolled

    3/12/2026

  • Substitute #3

    3/6/2026

  • Substitute #4

    3/6/2026

  • Substitute #2

    3/3/2026

  • Substitute #1

    2/23/2026

  • Introduced

    2/9/2026

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