Utah § 63N-3-1002 Creation of Economic Assistance Grant Program -- Requirements -- Rulemaking -- Annual report.

Utah Statutes

§ 63N-3-1002 — Creation of Economic Assistance Grant Program -- Requirements -- Rulemaking -- Annual report.

Utah § 63N-3-1002

Title 63NEconomic Opportunity Act

Ch. 63N-3Economic Development Programs

Part 63N-3-10Economic Assistance Grant Program

This text of Utah § 63N-3-1002 (Creation of Economic Assistance Grant Program -- Requirements -- Rulemaking -- Annual report.) 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. § 63N-3-1002 (2026).

Text

(1)There is created the Economic Assistance Grant Program administered by the office.

(2)Subject to appropriations from the Legislature, the office may award one or more grants to a business entity to provide funding for projects that:

(2)(a) promote and support economic opportunities in the state; and

(2)(b) provide a service in the state related to industry, education, community development, or infrastructure.

(3)In awarding grants, the office may prioritize projects:

(3)(a) that develop targeted industries in the state;

(3)(b) where an applicant identifies clear metrics to measure the progress, effectiveness, and scope of the project;

(3)(c) where an applicant demonstrates comprehensive planning of the project; and

(3)(d) that require one-time funds.

(4)Before a business entity ma

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(1) There is created the Economic Assistance Grant Program administered by the office.
(2) Subject to appropriations from the Legislature, the office may award one or more grants to a business entity to provide funding for projects that:

(2)(a) promote and support economic opportunities in the state; and
(2)(b) provide a service in the state related to industry, education, community development, or infrastructure.
(3) In awarding grants, the office may prioritize projects:

(3)(a) that develop targeted industries in the state;
(3)(b) where an applicant identifies clear metrics to measure the progress, effectiveness, and scope of the project;
(3)(c) where an applicant demonstrates comprehensive planning of the project; and
(3)(d) that require one-time funds.
(4) Before a business entity may receive a grant, the business entity shall enter into a written agreement with the office that specifies:

(4)(a) the amount of the grant;
(4)(b) the time period for distributing the grant;
(4)(c) the terms and conditions that the business entity shall meet to receive the grant;
(4)(d) the structure of the grant; and
(4)(e) the expenses for which the business entity may expend the grant.
(5) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office may make rules to administer the grant program.
(6) The office shall include in the annual written report described in Section 63N-1a-306 a report on the grant program.