Utah Statutes

§ 63N-2-803 — Tax credits issued by office.

Utah·Title 63N Economic Opportunity Act·Ch. 63N-2 Tax Credit Incentives for Economic Development·Part 63N-2-8 Technology and Life Science Economic Development Act
(1)The office may issue tax credit certificates under this part only to the extent that the Legislature, by statute, expressly authorizes the office to issue the tax credit certificates under this part for a fiscal year.
(2)(2)(a) For fiscal year 2011-12 only, the office may issue a total of $1,300,000 in tax credit certificates in accordance with this part.
(2)(b) For fiscal year 2016-17 only, the office may issue a total of $150,000 in tax credit certificates in accordance with this part.
(2)(c) For fiscal year 2017-18 only, the office may issue a total of $150,000 in tax credit certificates in accordance with this part.
(3)If the total amount of tax credit certificates the office issues in a fiscal year is less than the amount of tax credit certificates the office may issue under thi

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Legislative History

Amended by Chapter 354, 2016 General Session

Nearby Sections

15
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