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S.B. 141 Enrolled
LONG TITLE
General Description:
This bill establishes a program that supports economic development on military
installations throughout the state.
Highlighted Provisions:
This bill:
. provides that the Department of Community and Economic Development, through
its executive director, may receive and distribute monies for military installation
projects that have a strong probability of increasing the expansion and development
of a military installation in the state, thereby providing significant economic
benefits to the state;
. provides qualification requirements for the distribution of monies to designated
recipients; and
. provides for monitoring of the use of monies distributed under the program and an
annual report to legislative committees.
Monies Appropriated in this Bill:
This bill appropriates:
. $5,000,000 for the fiscal year ending June 30, 2005.
Other Special Clauses:
This bill provides an immediate effective date.
Utah Code Sections Affected:
ENACTS:
9-2-2301, Utah Code Annotated 1953
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 9-2-2301 is enacted to read:
9-2-2301. Military installation projects for economic development -- Funding --
Criteria -- Dispersal -- Report.
(1) The Legislature recognizes that significant growth in the state's economy can be
achieved by state and local support of the continuing expansion and development of federal
military installations throughout the state.
(2) The department, through its executive director, may receive and distribute legislative
appropriations and public and private grants and donations for military installation projects that:
(a) have a strong probability of increasing the growth and development of a military
facility within the state, thereby providing significant economic benefits to the state;
(b) will provide a significant number of new jobs within the state that should remain
within the state for a period of several years; and
(c) involve a partnership between the military and private industry or local government
or the military and private industry and local government.
(3) (a) The executive director may distribute monies under this section to:
(i) a regional or statewide nonprofit economic development organization; or
(ii) a federal military partnership that has the mission of promoting the economic growth
of a military installation.
(b) The executive director shall make a distribution under this section upon:
(i) receipt of an application on a form prescribed by the department that lists:
(A) the particulars of the proposed use of the monies requested, such as needed
equipment purchases and anticipated training costs;
(B) the estimated number of new jobs that will be created by the proposed project;
(C) pending contracts related to the project that are to be finalized from funding
anticipated under this section; and
(D) a projected date on which the applicant shall provide the executive director with a
report on the implementation and performance of the project, including the creation of new jobs;
and
(ii) a determination by the executive director that the project satisfies the requirements
listed in Subsection (2).
(c) (i) The department shall monitor the activities of a recipient of monies under this
section to ensure that there is compliance with the terms and conditions imposed on the recipient
under this part.
(ii) The department shall make an annual report to the Legislature's Workforce Services
and Community and Economic Development Interim Committee and the Executive
Appropriations Committee on the use and impact of the monies distributed under this section,
with the first report to occur not later than September 1, 2005.
(4) For the fiscal year ending June 30, 2005, the executive director may disperse an
amount not to exceed $5,000,000 for projects referred to under this section.
Section 2. Appropriation.
There is appropriated from the General Fund for the fiscal year ending June 30, 2005,
$5,000,000 to the Department of Community and Economic Development for the program
established in Section 9-2-2301 .
Section 3. Effective date.
If approved by two-thirds of all the members elected to each house, this bill takes effect
upon approval by the governor, or the day following the constitutional time limit of Utah
Constitution Article VII, Section 8, without the governor's signature, or in the case of a veto, the
date of veto override.
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