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H.B. 586

FailedSupport

Transportation Funding Amendments

View on le.utah.gov
H.B. 586FailedSupport

Transportation Funding Amendments

House
Senate
Governor

What This Bill Does

This bill addresses transportation funding.

Key Provisions

This bill:

  • defines terms; and
  • requires the State Tax Commission, beginning in fiscal year 2028, to annually deposit a certain amount of new growth derived from state sales and use taxes into the Transit Transportation Investment Fund.

Better Utah Institute's Position

SupportSustainable Future

Plain-Language Summary

AI-generated summary, reviewed by Better Utah staff.

Starting in fiscal year 2028, this bill requires the State Tax Commission to deposit a portion of new sales tax growth — specifically, up to 10% of any annual increase in General Fund sales tax revenue above a fiscal year 2026 baseline — into the Transit Transportation Investment Fund, which supports public transit projects across Utah. The deposit is capped at the combined amount already being directed to transit through two existing funding streams.