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SALT LAKE CITY (AP) — Utah lawmakers have advanced a proposal aiming to draw a private developer to build a convention-sized hotel in downtown Salt Lake City.
A Senate committee Friday voted 6-0 to approve the measure.
The Utah House killed a similar measure last year in the last hours of the session. But this year's version has backing from Provo Republican House Speaker Becky Lockhart. It also has support from lawmakers who earlier said they feared the new hotel would usurp business from existing ones.
Under the bill, private money would build the hotel, but up to $75 million in public funds could go toward tax rebates if the hotel spurs tourism revenue. The measure puts $2.1 million toward helping other hotels cope with lower revenue.
The bill advances to the full Senate.
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Online:
HB 356: http://le.utah.gov/~2014/bills/static/HB0356.html
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