This bill, S.B. 190, requires the Political Subdivisions Interim Committee to study issues related to a university's development of university-owned property. It includes studying development agreements for such properties and establishes specific items to be included in the study.
No money is appropriated in this bill and no special clauses are included.
The bill enacts Section 36-12-5.5 in the Utah Code, which outlines the details of the study to be conducted by the committee.
Effective date of the bill is May 1, 2024.