Page 4 - உட்டா உள்நாட்டு போர்த் அதிகாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Utah lawmakers shave a billion off plan to invest in infrastructure over fear of too much debt

Utah lawmakers shave a billion off plan to invest in infrastructure over fear of too much debt Katie McKellar © Steve Griffin, Deseret News Area at I-80 near 7200 West where the Utah Inland Port is planned to be built in Salt Lake City on Monday, Jan. 27, 2020. Utah lawmakers on Tuesday, March 2, 2021, struck a deal for the last lingering, unresolved piece of the state’s 2021 budget. SALT LAKE CITY Utah lawmakers struck a deal Tuesday for the last lingering, unresolved piece of the state’s 2021 budget. House and Senate legislators, who initially disagreed over how much the state should bond for infrastructure projects, landed on a substantially smaller number: $264 million, down from $1.4 billion, according to a new version of HB433.

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Utah Inland Port infrastructure bank bill sails through Senate

Utah Inland Port ‘infrastructure bank’ bill sails through Senate Katie McKellar © Steve Griffin, Deseret News Area at I-80 near 7200 South where the Utah Inland Port is planned to be built in Salt Lake City Jan. 27, 2020. The Utah Senate voted 23-5 to approve SB243, which would create “infrastructure banks,” a new mechanism to stash state money to be used as loans for future Utah Inland Port Authority projects. SALT LAKE CITY A bill to create a funding mechanism for low-interest loans for Utah Inland Port Authority projects on and off the Wasatch Front swiftly cleared another legislative hurdle Tuesday. The state Senate voted 23-5 to approve SB243, which would create “infrastructure banks,” a new mechanism to stash state money to be used as loans for future Utah Inland Port Authority projects, including projects in rural areas. It now goes to the House.

Salt lake cityUnited statesUtah state universityCottonwood heightsSalt lake countyKathleen riebeDavid buxtonSteve griffinJerry stevensonSenate budgetUtah senateUtah port authorityPermanent community impact fund boardUtah inland port authorityUtah inland portDeseret news area

Containing It

Containing It
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Utah Legislature s Latest Inland Port Bill Creates Bank To Fund Infrastructure Projects

KUER A Utah Senate committee passed a bill Monday to distribute funds for the state’s inland port project. The main port will be located on the northwest side of Salt Lake County, but the port authority plans to create “satellite ports” throughout the state. For the past three years, the Utah Legislature has made tweaks to the state’s inland port project. This year’s bill, which passed a Senate committee Monday morning, creates a bank to distribute $75 million in loans for inland port infrastructure throughout the state. Utah’s Point of the Mountain and Military Installation Development Authorities could also use the money for their projects.

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AM News Brief: Protecting Peregrine Nests, Getting The Latest Vaccine & Appealing Local School Boards

AM News Brief: Protecting Peregrine Nests, Getting The Latest Vaccine & Appealing Local School Boards
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