H.R. 2876: University of Utah Research Park Act

The bill is titled the University of Utah Research Park Act and it aims to confirm the use of specific non-Federal land in Salt Lake City, Utah, for public purposes, particularly related to the University of Utah. Here’s a breakdown of what this legislation would establish:

Confirmation of Land Use

The bill affirms that the use of approximately 593.54 acres of land by the University of Utah for a research park is a valid public purpose. This land use had previously received approval from the Secretary of the Interior in 1970. The bill recognizes this existing usage as compliant with the Recreation and Public Purposes Act, which governs the use of public lands for recreational and educational functions.

Additional Uses of the Land

In addition to the established research park, the legislation confirms that other uses of the land are permissible, so long as they are consistent with the primary purpose of university research and related activities. This includes provisions for:

• Development of student housing
• Establishment of a transit hub

Such developments are also confirmed as valid public purposes in line with the Recreation and Public Purposes Act.

Land Description

The specific non-Federal land in question, as referred to in the bill, is described in detail. It was originally conveyed to the University of Utah under the Recreation and Public Purposes Act back in 1968. This legislation would maintain the integrity of that designation and ensure the University’s planned uses continue without interruption.

Oversight and Compliance

The bill emphasizes that the uses authorized for the land, including any modifications or developments, must remain within the framework of the approvals previously granted by the Department of the Interior.

Implications

By confirming the use of this land, the bill aims to enhance the University of Utah's capabilities in research and development activities while also addressing student and community needs through housing and transportation facilities.

Relevant Companies

• CTSH - Cognizant Technology Solutions: As a technology firm that may engage in partnerships or projects with research institutions like the University of Utah, they might find new opportunities for collaboration.
• GOOGL - Alphabet Inc.: Given its significant investments in research and development, projects stemming from the research park could lead to potential collaborations or initiatives involving this company.
• AMD - Advanced Micro Devices: The bill might create opportunities for partnerships in development and technology projects emerging from the research park.