63N-3a-106. Political Subdivisions Interim Committee working group.

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A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/6/2026

(1)The Political Subdivisions Interim Committee shall convene a working group as described in this section by no later than May 30, 2026, to:

(a)study tax increment financing; and

(b)make a recommendation to the Political Subdivisions Interim Committee by no later than November 1, 2026, regarding caps on the maximum percentage of tax increment or the maximum amount of revenue to be generated and utilized through tax increment financing.

(2)The chairs of the interim committee shall jointly designate members of the working group described in Subsection

(1)as follows:

(a)three legislators from the membership of the interim committee, one of whom shall be a member of the Senate;

(b)one individual recommended by the Utah League of Cities and Towns who represents the interests of municipalities;

(c)one individual recommended by the Utah Association of Counties who represents the interests of counties;

(d)one individual who represents the interests of school districts; and

(e)one individual who represents the tax commission.

(3)The office and the Office of Legislative Research and General Counsel shall provide staff support to the working group.

Enacted by Chapter 373 , 2026 General Session