Utah Statutes
§ 63N-2-205 — Qualifying local contributions.
Utah·Title 63N Economic Opportunity Act·Ch. 63N-2 Tax Credit Incentives for Economic Development·Part 63N-2-2 Enterprise Zone Act
(1)An area may be designated as an enterprise zone only if the county applicant or municipal applicant agrees to make a qualifying local contribution.
(2)The qualifying local contribution may vary depending on available resources, and may include such elements as:
(2)(a) simplified procedures for obtaining permits;
(2)(b) dedication of available government grants;
(2)(c) dedication of training funds;
(2)(d) waiver of business license fees;
(2)(e) infrastructure improvements;
(2)(f) private contributions;
(2)(g) utility rate concessions;
(2)(h) small business incubator programs; or
(2)(i) management assistance programs.
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Legislative History
Renumbered and Amended by Chapter 283, 2015 General Session
Nearby Sections
15
§ 63N-13-101
Title -- Projects to assist companies to secure new business with federal, state, and local governments.§ 63N-13-301
Title.§ 63N-13-302
Definitions.§ 63N-13-303
Contract with facilitator.§ 63N-13-304
Functions and responsibilities of facilitator.§ 63N-13-305
Office oversight over contract performance of facilitator -- Office reports to Legislature.§ 63N-16-102
Definitions.§ 63N-16-104
Creation and duties of advisory committee.§ 63N-16-105
Annual report.§ 63N-16-202
Scope of the regulatory sandbox.§ 63N-16-203
Consumer protection for regulatory sandbox.§ 63N-16-204
Requirements for exiting regulatory sandbox.