Economic and Community Development Base Budget

HB 4 is a budget bill that allocates funding for Utah state agencies supporting economic and community development during fiscal years 2025 and 2026. It appropriates over $1.7 billion total, including $216 million from the General Fund for 2026, to fund specific programs like the Governor's Office of Economic Opportunity’s "Economic Prosperity" initiatives (covering business services, incentives, and strategic investments) and the Department of Alcoholic Beverage Services’ operations. The bill directly affects state agencies administering economic development, tourism, and business support programs. It provides concrete funding levels for these agencies’ operations, without introducing new policy requirements or regulations.