H.B. 461: Tax Increment Financing Revisions
2026 General Session · Originating chamber: House
What the bill does
Did not pass both chambers; the bill was filed on March 6, 2026.
This bill deals with the publication of information about tax increment revenue.
- Defines terms
- Requires the boards of the Utah Inland Port Authority, the Point of the Mountain State Land Authority, the Utah Fairpark Area Investment and Restoration District, the Military Installation Development Authority, and the Governor's Office of Economic Opportunity, on behalf of the convention center reinvestment zones, to publish information related to tax increment revenue on a publicly accessible website
- Makes technical and conforming changes
How it moved
- · House1st reading (Introduced)
- · Housefiled
Fiscal note
- State revenue: Enactment of this legislation likely will not materially impact state revenue.
- State expenditures: Enactment of this legislation could cost the Governor's Office of Economic Opportunity $12,500 ongoing beginning in FY 2027 from the General Fund for personnel services to carry out data management and coordination and $25,000 one-time in FY 2026 from the General Fund to contract with DTS for development of a reporting webpage.
- Local government: Enactment of this legislation may cost political subdivisions $1,700 per project area ongoing beginning in FY 2027 to comply with increased reporting requirements.
- Individuals and businesses: Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.
Bill overview
Sponsor: Raymond P. Ward
Legislature passed-list status: Not available in the saved metadata.
Latest recorded action
filed
The full step list is above. Find the bill in the official session list for status, hearings and committee records.
Recorded floor votes
No floor-vote records for this bill and session are available here. This does not mean no vote occurred; consult the official bill record.
Ledger coverage
No Ledger stories with an explicit source link to this bill and session are listed here.