Utah § 35A-8-2110 Duties of the department.

Utah Statutes

§ 35A-8-2110 — Duties of the department.

Utah § 35A-8-2110

Title 35AUtah Workforce Services Code

Ch. 35A-8Housing and Community Development Division

Part 35A-8-21Private Activity Bonds

This text of Utah § 35A-8-2110 (Duties of the department.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 35A-8-2110 (2026).

Text

(1)The department is recognized as an issuing authority as defined in Section 35A-8-2102, entitled to issue bonds from the Small Issue Bond Account created in Subsection 35A-8-2106(1)(c) as a part of the state's private activity bond volume cap authorized by the Internal Revenue Code and computed under Section 146, Internal Revenue Code.

(2)To promote and encourage the issuance of bonds from the Small Issue Bond Account for manufacturing projects, the department may:

(2)(a) develop campaigns and materials that inform qualified small manufacturing businesses about the existence of the program and the application process;

(2)(b) assist small businesses in applying for and qualifying for these bonds; and

(2)(c) develop strategies to lower the cost to small businesses of applying for and qu

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(1) The department is recognized as an issuing authority as defined in Section 35A-8-2102, entitled to issue bonds from the Small Issue Bond Account created in Subsection 35A-8-2106(1)(c) as a part of the state's private activity bond volume cap authorized by the Internal Revenue Code and computed under Section 146, Internal Revenue Code.
(2) To promote and encourage the issuance of bonds from the Small Issue Bond Account for manufacturing projects, the department may:

(2)(a) develop campaigns and materials that inform qualified small manufacturing businesses about the existence of the program and the application process;
(2)(b) assist small businesses in applying for and qualifying for these bonds; and
(2)(c) develop strategies to lower the cost to small businesses of applying for and qualifying for these bonds, including making arrangements with financial advisors, underwriters, bond counsel, and other professionals involved in the issuance process to provide services at a reduced rate when the department can provide such service providers with a high volume of applicants or issues.