Utah Statutes

§ 63N-2-211 — Disqualifying transfers.

Utah·Title 63N Economic Opportunity Act·Ch. 63N-2 Tax Credit Incentives for Economic Development·Part 63N-2-2 Enterprise Zone Act
Except in a county of the first or second class, tax incentives provided by this part are not available to a business entity that closes or permanently curtails operations in another part of the state in connection with a transfer of any part of its business operations to an enterprise zone, if the closure or permanent curtailment is reasonably expected to diminish employment in that part of the state.

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Legislative History

Amended by Chapter 11, 2016 General Session

Nearby Sections

15
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