Revenue Bond and Capital Facilities Amendments
What changed between versions
Authorizes up to $65 million in revenue bonds for the Huntsman Cancer Institute Vineyard Campus Facility at the University of Utah, with clinical revenues as the primary repayment source.
Authorizes up to $100 million in revenue bonds for the 800 East Residence Hall project at Utah State University, with student housing rental fees as the primary repayment source.
Authorizes up to $85 million in obligations for a warehouse facility and club store for the Department of Alcoholic Beverage Services, with sales revenues as the primary repayment source.
Requires a joint report from the Department of Alcoholic Beverage Services, Division of Facilities and Construction Management, and state treasurer before the State Building Ownership Authority takes action on the warehouse project.
Sets the effective date of the bill to July 1, 2025.
Changed formatting from plain text to structured enrolled copy format with line numbers and proper legislative markup conventions.
