(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission, in consultation with representatives of local government, shall make rules adopting guidelines for partnering with counties and municipalities for their help to finance state highway improvement projects through:
(a) local matching dollars;
(b) agreements regarding new revenue a county or municipality expects will be generated as a result of the construction of a state highway improvement project; or
(c) other local participation methods.
(2) The guidelines described in Subsection (1) shall encourage partnering to help finance state highway improvement projects and provide for:
(a) the consideration of factors relevant to a decision to make a program adjustment including the potential to:
(i) extend department resources to other needed projects;
(ii) alleviate significant existing or future congestion or hazards to the traveling public; and
(iii) address a need that is widely recognized by the public, elected officials, and transportation planners;
(b) a process for submitting, evaluating, and hearing partnering proposals; and
(c) the creation of a public record of each proposal from initial submission to final disposition.
(3) The commission shall submit the proposed rules under this section to the Transportation Interim Committee for review prior to taking final action on the proposed rules or any proposed amendment to the rules.