Rep. Norm Thurston — Voting Record

Bill

Number

H.B. 9 (2020GS)

Sponsor

Rep. Sagers, D.

Final action

Governor Signed 3/30/2020

Outcome

Became law — signed by Gov. Gary R. Herbert

Summary

What it does

• This bill:
• modifies the amount authorized for reconstructing a Foothill liquor store;
• expresses the Legislature's intent relating to the Board of Regents' issuance, sale, and delivery of revenue bonds to finance:
• the University of Utah Health Sciences campus office building;
• the University of Utah Health Sciences garage and roadway improvements;
• the University of Utah's purchase of an office tower in Salt Lake City; and
• Dixie State University's expansion of the Greater Zion Stadium; and
• expresses the Legislature's intent relating to:
• the University of Utah's use of donations and institutional funds for an addition to the Rio Tinto Kennecott Building, and other related matters; and
• Utah State University's use of institutional funds for the purchase and remodel of the Blanding Professional Career and Technical Education Lab, and other related matters.

Every vote on this bill

Bill text

REVENUE BOND AND CAPITAL FACILITIES
AMENDMENTS
GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Douglas V. Sagers
Senate Sponsor: 
Kirk A. Cullimore
LONG TITLE
General Description:
This bill enacts provisions relating to 2020 revenue bonds and capital facility design
and construction authorization.
Highlighted Provisions:
This bill:
▸ modifies the amount authorized for reconstructing a Foothill liquor store;
▸ expresses the Legislature's intent relating to the Board of Regents' issuance, sale,
and delivery of revenue bonds to finance:
• the University of Utah Health Sciences campus office building;
• the University of Utah Health Sciences garage and roadway improvements;
• the University of Utah's purchase of an office tower in Salt Lake City; and
• Dixie State University's expansion of the Greater Zion Stadium; and
▸ expresses the Legislature's intent relating to:
• the University of Utah's use of donations and institutional funds for an addition
to the Rio Tinto Kennecott Building, and other related matters; and
• Utah State University's use of institutional funds for the purchase and remodel
of the Blanding Professional Career and Technical Education Lab, and other
related matters.
Money Appropriated in this Bill:
None
Other Special Clauses:
None
Utah Code Sections Affected:
AMENDS:
63B-28-101
, as enacted by Laws of Utah 2018, Chapter 406
ENACTS:
63B-30-101
, Utah Code Annotated 1953
63B-30-201
, Utah Code Annotated 1953
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
63B-28-101
 is amended to read:
63B-28-101.
Revenue bond authorizations -- State Building Ownership
Authority.
(1) The Legislature intends that:
(a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
enter into or arrange for a lease-purchase agreement in which participation interests may be
created, to provide up to $5,451,800 for a Pleasant Grove or Lehi market area liquor store,
together with additional amounts necessary to pay costs of issuance, pay capitalized interest,
and fund any existing debt service reserve requirements;
(b) the Department of Alcoholic Beverage Control use sales revenues as the primary
revenue source for repayment of any obligation created under authority of this Subsection (1);
and
(c) the Department of Alcoholic Beverage Control may request operation and
maintenance funding from sales revenues.
(2) The Legislature intends that:
(a) the State Building Ownership Authority, under the authority of Title 63B, Chapter
1, Part 3, State Building Ownership Authority Act, may issue or execute obligations, or may
enter into or arrange for a lease-purchase agreement in which participation interests may be
created, to provide up to [
$8,659,000
] 
$10,759,000
 for reconstructing the Store 4: Foothill
liquor store, together with additional amounts necessary to pay costs of issuance, pay
capitalized interest, and fund any existing debt service reserve requirements;
(b) the Department of Alcoholic Beverage Control use sales revenues as the primary
revenue source for repayment of any obligation created under authority of this Subsection (2);
and
(c) the Department of Alcoholic Beverage Control may request operation and
maintenance funding from sales revenues.
Section 2. Section 
63B-30-101
 is enacted to read:
Part 1. 2020 Revenue Bond Authorizations
 63B-30-101.
Revenue bond authorizations -- Board of Regents.
(1) The Legislature intends that:
(a) the Board of Regents, on behalf of the University of Utah, may issue, sell, and
deliver revenue bonds or other evidences of indebtedness of the University of Utah to borrow
money on the credit, revenues, and reserves of the university, other than appropriations of the
Legislature, to finance the cost of constructing the Health Sciences campus office building;
(b) the University of Utah use clinical revenues and other non-state revenues of the
University of Utah Health Sciences as the primary revenue sources for repayment of any
obligation created under authority of this Subsection (1);
(c) the amount of revenue bonds or evidences of indebtedness authorized by this
Subsection (1) may not exceed $100,000,000 for acquisition and construction proceeds,
together with other amounts necessary to pay costs of issuance, pay capitalized interest, and
fund any debt service reserve requirements;
(d) the university may plan, design, and construct the Health Sciences campus office
building, subject to the requirements of Title 63A, Chapter 5, State Building Board - Division
of Facilities Construction and Management; and
(e) the university may not request state funds for operation and maintenance costs or
capital improvements.
(2) The Legislature intends that:
(a) the Board of Regents, on behalf of the University of Utah, may issue, sell, and
deliver revenue bonds or other evidences of indebtedness of the University of Utah to borrow
money on the credit, revenues, and reserves of the university, other than appropriations of the
Legislature, to finance the cost of constructing the Health Sciences garage and roadway
improvements;
(b) the University of Utah use clinical, parking, and other non-state revenues of the
University of Utah Health Sciences as the primary revenue sources for repayment of any
obligation created under authority of this Subsection (2);
(c) the amount of revenue bonds or evidences of indebtedness authorized by this
Subsection (2) may not exceed $80,000,000 for acquisition and construction proceeds, together
with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
debt service reserve requirements;
(d) the university may plan, design, and construct the Health Sciences garage and
roadway improvements, subject to the requirements of Title 63A, Chapter 5, State Building
Board - Division of Facilities Construction and Management; and
(e) the university may not request state funds for operation and maintenance costs or
capital improvements.
(3) The Legislature intends that:
(a) the Board of Regents, on behalf of the University of Utah, may issue, sell, and
deliver revenue bonds or other evidences of indebtedness of the University of Utah to borrow
money on the credit, revenues, and reserves of the university, other than appropriations of the
Legislature, to finance the cost of purchasing the 102 Tower Building located at 102 South 200
East in Salt Lake City, Utah;
(b) the University of Utah use hospital and institutional lease payments as the primary
revenue sources for repayment of any obligation created under authority of this Subsection (3);
(c) the amount of revenue bonds or evidences of indebtedness authorized by this
Subsection (3) may not exceed $50,000,000 for acquisition and construction proceeds, together
with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
debt service reserve requirements;
(d) the university may purchase the 102 Tower Building; and
(e) the university may not request state funds for operation and maintenance costs or
capital improvements.
(4) The Legislature intends that:
(a) the Board of Regents, on behalf of Dixie State University, may issue, sell, and
deliver revenue bonds or other evidences of indebtedness of Dixie State University to borrow
money on the credit, revenues, and reserves of the university, other than appropriations of the
Legislature, to finance the cost of constructing an expansion of the Greater Zion Stadium;
(b) Dixie State University use Washington County tourism marketing revenue,
donations, and institutional funds as the primary revenue sources for repayment of any
obligation created under authority of this Subsection (4);
(c) the amount of revenue bonds or evidences of indebtedness authorized by this
Subsection (4) may not exceed $10,000,000 for acquisition and construction proceeds, together
with other amounts necessary to pay costs of issuance, pay capitalized interest, and fund any
debt service reserve requirements;
(d) the university may plan, design, and construct an expansion of the Greater Zion
Stadium, subject to the requirements of Title 63A, Chapter 5, State Building Board - Division
of Facilities Construction and Management; and
(e) the university may not request state funds for operation and maintenance costs or
capital improvements.
Section 3. Section 
63B-30-201
 is enacted to read:
Part 2. 2020 Capital Facility Design and Construction Authorization
 63B-30-201.
Authorization to design and construct capital facilities using
institutional or agency funds.
(1) The Legislature intends that:
(a) the University of Utah may, subject to the requirements of Title 63A, Chapter 5,
State Building Board - Division of Facilities Construction and Management, use up to
$9,685,000 in donations and institutional funds to plan, design, and construct an addition to the
Rio Tinto Kennecott Building;
(b) the university may not use state funds for any portion of this project; and
(c) the university may use state funds for operation and maintenance costs and capital
improvements.
(2) The Legislature intends that:
(a) Utah State University may, subject to the requirements of Title 63A, Chapter 5,
State Building Board - Division of Facilities Construction and Management, use up to
$1,600,000 in institutional funds to plan, design, and construct or purchase and remodel a
Blanding Professional Career and Technical Education Lab;
(b) the university may not use state funds for any portion of this project; and
(c) the university may use state funds for operation and maintenance costs and capital
improvements.