Home » News
Home » News

SLC convention-center hotel bill clears Legislature

Published March 12, 2014 6:53 pm
This is an archived article that was published on sltrib.com in 2014, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.

The Legislature final approval to a plan to help finance a new convention-center hotel in downtown Salt Lake City.

HB356 passed 17-11 in the Senate and 49-23 in the House. It now goes to the governor for signature.

The legislation would provide a $75 million tax-rebate incentive, with $25 million each coming from the state, Salt Lake County and Salt Lake City to help fund the convention-center hotel as well as a mitigation fund to help existing hotels who lose business because of the new facility and another fund to promote tourism in other parts of the state.

"I think the economic impact on the entire state will be felt from this new facility both indirectly and directly," said floor sponsor Sen. Stuart Adams, R-Layton.

Email: twebb@sltrib.com

Twitter: @topherjwebb




Reader comments on sltrib.com are the opinions of the writer, not The Salt Lake Tribune. We will delete comments containing obscenities, personal attacks and inappropriate or offensive remarks. Flagrant or repeat violators will be banned. If you see an objectionable comment, please alert us by clicking the arrow on the upper right side of the comment and selecting "Flag comment as inappropriate". If you've recently registered with Disqus or aren't seeing your comments immediately, you may need to verify your email address. To do so, visit disqus.com/account.
See more about comments here.
comments powered by Disqus