Utah Legislature: Bill would allow bonding for higher ed projects

Source: deseretnews.com Posted By: jim R...5936 days ago

Times might be financially tough for Utah state government. But lawmakers approved a bill Tuesday night that calls for spending at least $210 million on various building projects around the state, most of them on university campuses.

Unlike the $90 million in general obligation bonds approved in another bill Tuesday, HB5 allows the institutions of higher education to issue revenue bonds (which are paid for out of student fees) and/or use donations, federal matching grants or surplus monies to....

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