A legislative committee in Utah has unanimously approved a participation agreement between Salt Lake City and Smith Entertainment Group (SEG) to create a new sports and entertainment district downtown, which aims to secure the future of the Utah Jazz and the newly formed Utah Hockey Club. The project includes a proposed 0.5% sales tax increase over the next 30 years to fund $900 million in renovations for the Delta Center, with SEG also committing to invest an additional $3 billion for the surrounding area. Key concerns raised by committee members include addressing homelessness and preserving Abravanel Hall, which SEG has pledged to maintain. The Salt Lake City Council must approve the deal and tax increase by December 31, with construction potentially beginning as early as 2026. The revitalization plan is seen as a critical local effort to enhance downtown vibrancy ahead of the 2034 Winter Olympic Games. Salt Lake City leaders emphasized the importance of a collaborative negotiation process to reach this agreement.