Creates the Utah Inland Port Authority, and authorizes it to establish an inland port and a foreign trade zone.

This bill creates the Utah Inland Port Authority; establishes the duties, responsibilities, and powers of the Utah Inland Port Authority; establishes a board to govern the port authority and provides for the board membership, terms, and responsibilities and provides limits on board members; requires the port authority board to hire an executive director; defines land that is under the jurisdiction of the port authority; authorizes the port authority to work to establish an inland port and a foreign trade zone; provides for the port authority to receive tax increment funds; authorizes the port authority board to hear and decide certain appeals related to certain land use actions; requires the port authority to prepare and adopt a budget and provides a process for preparing, adopting, and amending a budget; requires the port authority to comply with certain audit requirements; and modifies tax increment provisions to require port authority board approval under certain circumstances relating to community reinvestment project area plans that include land under the port authority's jurisdiction.

Effective immediately.

02/27/2018 Introduced. First reading. Referred to Senate Committee on Economic Development and Workforce Services.
03/02/2018 Favorable substitute recommendation from Senate Committee on Economic Development and Workforce Services. Substituted. Placed on 2nd reading in Senate.
03/05/2018 Second and third readings in Senate. Floor amendment 1. Passed Senate.
03/05/2018 To House.
03/06/2018 First reading in House. Second reading suspended. Third reading.
03/07/2018 Third reading of substitute bill in House. Passed House. To Senate. Senate concurs with House amendment. To House.
03/08/2018 Signed by House Speaker and Senate President.
03/13/2018 Enrolled and sent to Governor.
03/16/2018 Signed by Governor.