Vote Smart's Synopsis:

Vote to pass a bill that appropriates taxpayer dollars toward helping to build a Major League Baseball stadium in the state of Utah.

Highlights:

• Establishes the Utah Fairpark Area Investment and Restoration District (Sec. 1). 

• Establishes the District's powers and duties (Sec. 1). 

• Establishes the district's boundaries (Sec. 1). 

• Establishes a board to govern the district and set out the board membership 

• Establishes the following taxes (Sec. 1):

• Energies sales and use tax; 

• Telecommunications license tax; 

• Transient room tax; 

• Resort communities sales and use tax; 

• Additional and supplementary resort communities sales and use tax; and

• Establishes an increase in the car rental tax (Sec. 1). 

• Specifies that state-owned land within the district is subject to privilege tax (Sec. 1). 

• Expands a prohibition on the imposition of certain impact fees within the district boundary (Sec. 1). 

• Specifies that enhanced property taxes are to be paid to the district and to the host municipality (Sec. 1). 

• Specifies how the money is supposed to be used (Sec. 1). 

• Authorizes the district to adopt one or more project area plans, including a project area, with the consent of the property owner, for the development and construction of a qualified stadium (Sec. 1). 

• Establishes a maximum for district contributions for the development and construction of a qualified stadium (Sec. 1). 

• Requires the district to receive certain state sales tax revenues generated from transactions within the district sales tax area (Sec. 1). 

• Authorizes the district board to approve loans from an infrastructure loan fund (Sec. 1).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that appropriates taxpayer dollars toward helping to build a Major League Baseball stadium in the state of Utah.

Highlights:

• Establishes the Utah Fairpark Area Investment and Restoration District (Sec. 1). 

• Establishes the District's powers and duties (Sec. 1). 

• Establishes the district's boundaries (Sec. 1). 

• Establishes a board to govern the district and set out the board membership 

• Establishes the following taxes (Sec. 1):

• Energies sales and use tax; 

• Telecommunications license tax; 

• Transient room tax; 

• Resort communities sales and use tax; 

• Additional and supplementary resort communities sales and use tax; and

• Establishes an increase in the car rental tax (Sec. 1). 

• Specifies that state-owned land within the district is subject to privilege tax (Sec. 1). 

• Expands a prohibition on the imposition of certain impact fees within the district boundary (Sec. 1). 

• Specifies that enhanced property taxes are to be paid to the district and to the host municipality (Sec. 1). 

• Specifies how the money is supposed to be used (Sec. 1). 

• Authorizes the district to adopt one or more project area plans, including a project area, with the consent of the property owner, for the development and construction of a qualified stadium (Sec. 1). 

• Establishes a maximum for district contributions for the development and construction of a qualified stadium (Sec. 1). 

• Requires the district to receive certain state sales tax revenues generated from transactions within the district sales tax area (Sec. 1). 

• Authorizes the district board to approve loans from an infrastructure loan fund (Sec. 1).

Full Bill Text