Utah Statutes
§ 63N-2-513 — Authorized expenditures of convention incentive.
Utah·Title 63N Economic Opportunity Act·Ch. 63N-2 Tax Credit Incentives for Economic Development·Part 63N-2-5 New Convention Facility Development Incentives
(1)A qualified hotel owner or host local government may spend money received from the state portion of a convention incentive only for a purpose described in Subsection 63N-2-508(2)(a).
(2)A qualified hotel owner or host local government may spend money received from the local portion of a convention incentive only for:
(2)(a) a purpose described in Subsection (1);
(2)(b) public infrastructure; and
(2)(c) other purposes as specified in the agreement.
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Legislative History
Renumbered and Amended by Chapter 283, 2015 General Session; Amended by Chapter 417, 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.