Gov. Spencer Cox signed 56 more bills Monday, including several related to investments in rural Utah. Among the bills Cox signed at his rural office in Cedar City was SB243, creating a $75 million “infrastructure bank,” a new funding mechanism for low-interest loans for Utah Inland Port Authority projects. Legislative leaders said they intend for that bank to help provide …
Utah Inland Port ‘infrastructure bank’ bill sails through Senate
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…
Utah Legislature’s Latest Inland Port Bill Creates ‘Bank’ To Fund Infrastructure Projects
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…