A new bill introduced in the Utah Legislature, Senate Bill 333, could potentially impact how cities fund infrastructure around major sporting venues. The bill, sponsored by Republican Sen. Jerry Stevenson, aims to create special zones that would generate tax revenue for development projects, specifically focusing on infrastructure such as roads, utilities, and housing near event venues. Stevenson emphasized that the funds collected would be used for developing, maintaining, and operating major sporting event venues, as well as remodeling existing venues.
While the bill does not mention the Olympics directly, Stevenson hinted at its connection to a major event planned for 2034 in the state of Utah. He explained that the bill is aimed at supporting community development and working with developers to create infrastructure districts. Stevenson also noted the need for additional infrastructure to support future events, such as housing for Olympic employees and athletes. The bill is expected to undergo changes as it progresses through the legislative process, which is set to conclude next week.
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