Transportation (Transportation Funding)

HB 586 amends Utah's tax code to direct a portion of new sales tax revenue growth into transportation funding. Starting in fiscal year 2028, the State Tax Commission must annually deposit additional revenue from state sales and use taxes into the Transit Transportation Investment Fund. This bill does not appropriate new money but reallocates existing tax growth to support transit projects. The change affects how sales tax revenue is managed for transportation infrastructure, directly impacting the state's transportation funding stream.