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Utah wants to put a price tag on its public lands, but is the effort worth it?

What would Utah’s 35 million acres of federally managed public lands be worth if they were privately owned?

Figuring that out would be a daunting task, but state leaders believe it a worthwhile exercise because it could show how much tax revenue Utah is deprived of because of the prevalence of public lands in the Beehive State.

“We had a promise made in 1976 when the federal government said they were going to withhold our lands: We [Utah] would be paid in lieu of taxes,” Rep. Ken Ivory, R-West Jordan, told a legislative management committee Tuesday seeking authorization to hire consultants to help develop a method for valuing vast reaches of federal land.