Last-minute bill to let real estate developers levy taxes like a city shows the developer domination of the Utah Legislature, Robert Gehrke writes

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Last-minute bill to let real estate developers levy taxes like a city shows the developer domination of the Utah Legislature, Robert Gehrke writes
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Robert Gehrke: A Senate bill would allow builders to issue public bonds for sewers and roads, then collect taxes without any accountability to the residents paying the taxes.

A Senate bill would allow builders to issue public bonds for sewers and roads, then collect taxes without any accountability to the residents paying the taxes.It’s no secret that real estate developers dominate the Utah Legislature., in one way or another, involved in real estate development. So when developers want something from the Legislature, they get it.SB295, sponsored by Sen.

It’s never been done before — not just in Utah, we’re talking anywhere in the United States, and it poses real problems. While these DIDs are being sold to lawmakers as a means of increasing housing affordability, nothing in the bill requires the homes built to be affordable.

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