Statewide, UT
Election Date: November 5, 2002
Type: Other
Revenue Type:
Transit Revenue Explanation:
Outcome: Loss for Transit
Results: Failed, 57% - 43%
Would allow cities and government agencies to sell their assets to private companies in order to generate up front capital. Assets could then be leased and eventually sold back to the government entity after several years, resulting in a tax break to the private company purchasing the asset.