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UTAH STATUTES AND CODES
63M-1-2406 - Report to the Legislature.
63M-1-2406. Report to the Legislature.
The office shall report annually to the Legislature's Workforce Services and Communityand Economic Development Interim Committee and the Utah Tax Review Commissiondescribing:
(1) its success in attracting new commercial projects to development zones under thispart and the corresponding increase in new incremental jobs;
(2) the estimated amount of tax credit commitments made by the office and the period oftime over which tax credits will be paid; and
(3) the economic impact on the state related to generating new state revenues andproviding tax credits under this part.
The office shall report annually to the Legislature's Workforce Services and Communityand Economic Development Interim Committee and the Utah Tax Review Commissiondescribing:
(1) its success in attracting new commercial projects to development zones under thispart and the corresponding increase in new incremental jobs;
(2) the estimated amount of tax credit commitments made by the office and the period oftime over which tax credits will be paid; and
(3) the economic impact on the state related to generating new state revenues andproviding tax credits under this part.
Enacted by Chapter 372, 2008 General Session
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