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Several major Utah economic development entities — the Utah Inland Port Authority, the Point of the Mountain State Land Authority, the Utah Fairpark Area Investment and Restoration District, the Military Installation Development Authority, and the Governor's Office of Economic Opportunity (on behalf of convention center reinvestment zones) — would be required to publish detailed annual reports on their websites by June 30 each year explaining how they collect and spend tax increment financing, a tool that redirects extra tax revenue generated by development in a designated area back into that area. These reports would need to include changes in property values, historical revenue and spending, comparisons between actual and originally projected revenue, how many years of collections remain, maps of the affected areas, and how the funds have furthered each project's stated goals. Each authority would also have to notify a legislative oversight committee by September 1 confirming it met these requirements and stating where the information was posted online. The bill additionally allows the Governor's Office of Economic Opportunity to coordinate with regional land use authorities on this reporting and to recommend whether combining all the information onto a single shared website would benefit the public.