This bill deals with the Point of the Mountain State Land Authority.
This bill:
- defines terms;
- authorizes a municipality to coordinate with a state agency, independent entity, or regional economic development authority with exclusive control over the management, development, and disposition of a parcel of state-owned land in order to ensure future alignment with municipal general plans and land use regulations;
- provides that the Point of the Mountain State Land Authority (authority) may coordinate with Draper when the authority intends to dispose of a parcel of point of the mountain state land to a private party;
- modifies the distribution percentages of privilege tax to the authority for certain parcels of point of the mountain state land;
- modifies the percentage of property tax augmentation that shall be distributed to the authority for certain transferred parcels;
- repeals a sunset date; and
- makes technical and conforming changes.

Statutes affected:
Substitute #1: 10-20-305, 11-59-103, 11-59-207, 11-59-208, 63I-1-210, 63I-1-211
Introduced: 10-20-305, 11-59-103, 11-59-207, 11-59-208