Staff Analysis of the Legislation
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This legislation creates a grant program for building coworking and innovation space in rural Utah. It creates an advisory committee to guide GOED in distributing appropriated funds. The legislation received a $500,000 appropriation. Municipal Impact: HB 296 will provide another resource for economic development in rural Utah communities. This legislation is designed to work in conjunction with HB 327 and HB 390 from the 2018 legislative session that encourages and promotes economic growth in rural Utah. ULCT Action/Future Trend: GOED has expressed interest in consolidating the economic development programs for rural Utah. SB 200 was an attempt to consolidate these programs but failed to pass. |