This bill modifies provisions relating to the Utah Energy Council.
This bill:
- defines terms;
- expands the Utah Energy Council membership from five to seven members;
- establishes a co-chair structure for council leadership;
- authorizes the council to issue bonds to finance electrical energy infrastructure projects within designated energy development zones;
- requires consultation with the State Bonding Commission and the state treasurer before issuing bonds;
- provides that bonds are payable solely from project revenues and are not state obligations; and
- authorizes the council to charge administrative fees for bond issuance.

Statutes affected:
Introduced: 79-6-1101, 79-6-1102