All Roll Calls
Yes: 150 • No: 36
UtahH.B. 5422025 General SessionHouseWALLET
Economic Development Amendments
Sponsored By: Jon Hawkins (Republican)
Signed by Governor
TechnologyEconomic DevelopmentEducationHigher EducationPublic Utilities and TechnologyHousingDepartment of Workforce ServicesWorkforce ServicesUtah Board of Higher EducationTransportationDepartment of TransportationCommunity DevelopmentGovernor's Office of Economic OpportunityGrant Programs and IncentivesBroadbandAffordable Housing
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Bill Overview
Analyzed Economic Effects
6 provisions identified: 1 benefits, 1 costs, 4 mixed.
Ongoing funding for homeless families’ housing
Beginning July 1, 2025, the law provides $1.9 million in ongoing yearly funding for Family Interim Non-congregate Children Housing (FINCH). The facility must be in a first-class Utah county. The grant requires consultation with the Homeless Coordinator of the Office of Homelessness. Legislative direct-award grants follow state grant law instead of the homeless-services chapter’s funding rules. These changes do not set household payments or eligibility rules.
Tighter tax credit limits for businesses
Business projects qualify only through a targeted industry or location: third- through sixth-class counties, or second-class county towns with 10,000 or fewer people. The commission’s separate power to approve eligible projects ends. The law removes a special credit covering up to 35% of new state revenues over up to 20 years. That allowance covered first- or second-class county projects adding at least 2,500 jobs and $1 billion in capital spending; general limits remain. The economic development office must also create an incentive review process under the House speaker and Senate president.
New oversight for broadband grant awards
Beginning July 1, 2025, the Transportation Commission must approve Broadband Access Grant Program applications before awards. For federal Broadband Equity, Access, and Deployment subgrants, the Broadband Center must present proposed awards before notifying applicants. Those applications must meet state law, applicable rules, and federal program requirements. The transportation department, coordinating with the center, may adopt program rules and define unserved and underserved areas through state rulemaking. The statewide digital plan must promote “digital access,” replacing “digital equity”; these changes do not guarantee household service or lower bills.
Higher education receives shifted state funding
For fiscal year 2026, the law shifts $847,300 from economic development Business Services to the Utah Board of Higher Education. This includes $553,600 in General Fund money, $200,000 in federal funds, and $93,700 in dedicated credits. The Legislature states its intent to transfer this funding to the Nucleus Institute on July 1, 2025. That transfer depends on H.B. 530 also becoming law. The funding shift does not create a household payment.
Workforce board shifts economic development oversight
The Governor’s Office of Economic Opportunity identifies the targeted industries represented on Utah’s workforce-alignment board. It appoints six private-industry members representing those industries, plus any additional education or industry members. The board sends recommendations to that office instead of the Unified Economic Opportunity Commission. These governance changes do not change who qualifies for workforce or education programs.
New industry choices for regulatory studies
Utah’s regulatory relief office must study at least two industries each year. It may select industries it targets for economic development or those designated by the General Regulatory Sandbox Program Advisory Committee. This replaces the reference to industries targeted by the Unified Economic Opportunity Commission. Selection for a study does not itself give businesses regulatory relief.
Sponsors & Cosponsors
Sponsor
Jon Hawkins
Republican • House
Cosponsors
Chris H. Wilson
Republican • Senate
Roll Call Votes
Senate vote • 3/7/2025
Senate/ substituted
Yes: 0 • No: 0
House vote • 3/7/2025
House/ concurs with Senate amendment
Yes: 39 • No: 26
Senate vote • 3/7/2025
Senate/ passed 2nd & 3rd readings/ suspension
Yes: 17 • No: 9
Senate vote • 3/7/2025
Senate/ floor amendment failed
Yes: 0 • No: 0
Senate vote • 3/4/2025
Senate Comm - Substitute Recommendation
Yes: 4 • No: 0
Senate vote • 3/4/2025
Senate Comm - Favorable Recommendation
Yes: 3 • No: 1
House vote • 2/28/2025
House/ passed 3rd reading
Yes: 71 • No: 0
House vote • 2/27/2025
House Comm - Substitute Recommendation
Yes: 8 • No: 0
House vote • 2/27/2025
House Comm - Favorable Recommendation
Yes: 8 • No: 0
Senate vote • Unknown
Senate/ floor amendment failed
Yes: 0 • No: 0
Senate vote • Unknown
Senate/ substituted
Yes: 0 • No: 0
Actions Timeline
Governor Signed
3/27/2025House/ to Governor
3/17/2025HouseHouse/ received enrolled bill from Printing
3/17/2025HouseHouse/ enrolled bill to Printing
3/14/2025HouseEnrolled Bill Returned to House or Senate
3/14/2025Draft of Enrolled Bill Prepared
3/12/2025Bill Received from House for Enrolling
3/12/2025House/ signed by Speaker/ sent for enrolling
3/12/2025HouseHouse/ received from Senate
3/12/2025HouseSenate/ to House
3/8/2025SenateSenate/ signed by President/ returned to House
3/8/2025SenateSenate/ received from House
3/8/2025SenateHouse/ to Senate
3/7/2025HouseHouse/ concurs with Senate amendment
3/7/2025HouseHouse/ placed on Concurrence Calendar
3/7/2025HouseHouse/ received from Senate
3/7/2025HouseSenate/ to House with amendments
3/7/2025SenateSenate/ passed 2nd & 3rd readings/ suspension
3/7/2025SenateSenate/ floor amendment failed
3/7/2025SenateSenate/ substituted
3/7/2025SenateSenate/ 2nd & 3rd readings/ suspension
3/7/2025SenateSenate/ Rules to 2nd Reading Calendar
3/7/2025SenateSenate/ 2nd Reading Calendar to Rules
3/7/2025SenateSenate/ Rules to 2nd Reading Calendar
3/7/2025SenateSenate/ 2nd Reading Calendar to Rules
3/5/2025Senate
Bill Text
Enrolled
3/14/2025
Substitute #6
3/7/2025
Substitute #7
3/7/2025
Substitute #8
3/7/2025
Substitute #9
3/7/2025
Substitute #5
3/6/2025
Substitute #3
3/4/2025
Substitute #4
3/4/2025
Substitute #2
3/1/2025
Substitute #1
2/26/2025
Introduced
2/21/2025