reglab/housing_qa huggingface dataset:
UT Code § 63N-2-205 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 205 - Qualifying local contributions.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-205. Qualifying local contributions.    (1) An area may be designated as an enterprise zone only if the county applicant or municipal applicant agrees to make a qualifying local contribution.     (2) The qualifying local contribution may vary depending on available resources, and may include such elements as:   (a) simplified procedures for obtaining permits;     (b) dedication of available government grants;     (c) dedication of training funds;     (d) waiver of business license fees;     (e) infrastructure improvements;     (f) private contributions;     (g) utility rate concessions;     (h) small business incubator programs; or     (i) management assistance programs.      Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-206 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 206 - Eligibility review.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-206. Eligibility review.    (1) The office shall:   (a) review and evaluate the applications submitted under Section 63N-2-204; and     (b) determine whether each county applicant or municipal applicant is eligible for designation as an enterprise zone.       (2)   (a) The office shall designate enterprise zones.     (b) The office shall consider and evaluate an application using the following criteria:   (i) the pervasiveness of poverty, unemployment, and general distress in the proposed zone;     (ii) the extent of chronic abandonment, deterioration, or reduction in value of commercial, industrial, or residential structures in the proposed zone, and the extent of property tax arrearages in the proposed zone;     (iii) the potential for new investment and economic development in the proposed zone;     (iv) the county applicant's or municipal applicant's proposed use of other state and federal development funds or programs to increase the probability of new investment and development occurring;     (v) the extent to which the projected development in the zone will provide employment to residents of the county and particularly individuals who are unemployed or who are economically disadvantaged;     (vi) the degree to which the county applicant's or municipal applicant's application promotes innovative solutions to economic development problems and demonstrates local initiative; and     (vii) other relevant factors that the office specifies in its recommendation.        Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-207 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 207 - Quarterly consideration.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-207. Quarterly consideration.  The office shall consider designating enterprise zones quarterly. Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-208 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 208 - Duration of designation.

 Affected by 63I-1-263 on 7/1/2028  Effective 7/1/2020  63N-2-208. Duration of designation.    (1) Each enterprise zone has a duration of five years.     (2) On or after January 1, 2021, neither a municipality nor a county may reapply for an enterprise zone designation for an enterprise zone that has reached the end of the enterprise zone's five-year duration.    Amended by Chapter 360, 2020 General Session
UT Code § 63N-2-209 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 209 - Contingent designations.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-209. Contingent designations.    (1) The office may accept applications for, and may at any time grant, a contingent designation of any county as an enterprise zone for purposes of seeking a designation of the county as a federally designated zone.     (2) This designation does not entitle a business operating in that county to the tax incentives under this part.    Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-210 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 210 - Revocation of designations.

 Affected by 63I-1-263 on 7/1/2018  Effective 3/1/2016  63N-2-210. Revocation of designations.    (1) The office may revoke the designation of an enterprise zone if no businesses utilize the tax incentives during a calendar year.     (2) Prior to that action, the office shall conduct a public hearing to determine reasons for inactivity and explore possible alternative actions.    Amended by Chapter 11, 2016 General Session
UT Code § 63N-2-211 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 211 - Disqualifying transfers.

 Affected by 63I-1-263 on 7/1/2018  Effective 3/1/2016  63N-2-211. Disqualifying transfers.  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. Amended by Chapter 11, 2016 General Session
UT Code § 63N-2-212 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 212 - Business entities qualifying for tax incentives.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-212. Business entities qualifying for tax incentives.    (1) Except as otherwise provided in Subsection (2), the tax incentives described in this part are available only to a business entity for which at least 51% of the employees employed at facilities of the business entity located in the enterprise zone are individuals who, at the time of employment, reside in:   (a) the county in which the enterprise zone is located; or     (b) an enterprise zone that is immediately adjacent and contiguous to the county in which the enterprise zone is located.       (2) Subsection (1) does not apply to a business entity that has no employees.    Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-214 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 214 - Annual report.

 Affected by 63I-1-263 on 7/1/2018  Effective 5/12/2015  63N-2-214. Annual report.  Each county applicant or municipal applicant designated as an enterprise zone shall annually report to the office regarding the economic activity that has occurred in the zone following the designation. Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-215 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 2 - Enterprise Zone Act|Section 215 - Indian tribes -- Application.

 Affected by 63I-1-263 on 7/1/2028  Effective 5/14/2019  63N-2-215. Indian tribes -- Application.    (1) For purposes of this section:   (a) "Indian reservation" has the same meaning as defined in Section 9-9-210.     (b) "Indian tribe" has the same meaning as defined in Section 9-9-402.     (c) "Tribal applicant" means the governing authority of a tribe that meets the requirements for designation as an enterprise zone under Subsection (2).       (2) Indian tribes may apply for designation of an area within an Indian reservation as an enterprise zone.     (3) The tribal applicant shall follow the application procedure for a municipal applicant in this part except for the population requirement in Subsections 63N-2-204(2)(a) and (b).    Amended by Chapter 79, 2019 General Session
UT Code § 63N-2-301 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 3 - Targeted Business Income Tax Credit in an Enterprise Zone|Section 301 - Title.

 Effective 5/12/2015  63N-2-301. Title.  This part is known as "Targeted Business Income Tax Credit in an Enterprise Zone." Enacted by Chapter 283, 2015 General Session
UT Code § 63N-2-302 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 3 - Targeted Business Income Tax Credit in an Enterprise Zone|Section 302 - Definitions.

 Effective 5/9/2017  63N-2-302. Definitions.  As used in this part:  (1) "Business applicant" means a business that:   (a) is a claimant, estate, or trust; and     (b) meets the criteria established in Section 63N-2-304.       (2)   (a) Except as provided in Subsection (2)(b), "claimant" means a resident person or a nonresident person.     (b) "Claimant" does not include an estate or trust.       (3) "Community investment project" means a project that includes one or more of the following criteria in addition to the normal operations of the business applicant:   (a) significant new employment; or     (b) significant new capital development.       (4) "Enterprise zone" means an area within a county or municipality that has been designated as an enterprise zone by the office under Part 2, Enterprise Zone Act.     (5) "Estate" means a resident estate or a nonresident estate.     (6) "Refundable tax credit" means a tax credit that a claimant, estate, or trust may claim:   (a) as provided by statute; and     (b) regardless of whether, for the taxable year for which the claimant, estate, or trust claims the tax credit, the claimant, estate, or trust has a tax liability under:   (i)Title 59, Chapter 7, Corporate Franchise and Income Taxes; or     (ii)Title 59, Chapter 10, Individual Income Tax Act.         (7) "Targeted business income tax credit" means a refundable tax credit available under this part.     (8) "Targeted business income tax credit eligibility certificate" means a document provided by the office to a business applicant before the applicant may claim a targeted business income tax credit under this part.     (9) "Trust" means a resident trust or a nonresident trust.    Amended by Chapter 352, 2017 General Session
UT Code § 63N-2-303 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 3 - Targeted Business Income Tax Credit in an Enterprise Zone|Section 303 - Duties of the office.

 Effective 7/1/2021  63N-2-303. Duties of the office.  The office shall:  (1) monitor the implementation and operation of this part and conduct a continuing evaluation of the effectiveness of the targeted business income tax credit in bringing significant new employment and significant new capital development to rural communities;     (2) determine a business entity's eligibility for a targeted business income tax credit award;     (3) ensure that tax credits are only awarded under this part to a business applicant that has satisfied performance benchmarks as determined by the office;     (4) ensure that the amount of targeted business income tax credit awarded to a business applicant through a targeted business income tax credit eligibility certificate is no more than $100,000 for the business applicant's taxable year;     (5) ensure that the aggregate amount of targeted business income tax credits awarded to business applicants through targeted business income tax credit eligibility certificates is no more than $300,000 for each fiscal year;     (6) as part of the annual written report described in Section 63N-1a-306, prepare an annual evaluation that provides:   (a) the identity of each business applicant that was provided a targeted business income tax credit eligibility certificate by the office during the year of the annual report; and     (b) the total amount awarded in targeted business income tax credit for each development zone; and       (7) in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, and in accordance with the provisions of this part, make rules regarding:   (a) the determination of what constitutes:   (i) significant new employment;     (ii) significant new capital development; and     (iii) a community investment project;       (b) the form and content of an application for a targeted business income tax credit eligibility certificate under this part;     (c) documentation or other requirements for a business applicant to receive a targeted business income tax credit eligibility certificate under this part; and     (d) administration of targeted business income tax credit awards and the issuing of targeted business income tax credit eligibility certificates, including relevant timelines and deadlines.      Amended by Chapter 282, 2021 General Session
UT Code § 63N-2-501 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 501 - Title.

 Effective 5/12/2015  63N-2-501. Title.  This part is known as "New Convention Facility Development Incentives." Renumbered and Amended by Chapter 283, 2015 General Session
UT Code § 63N-2-503.5 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 503.5 - Convention Incentive Fund.

 Effective 7/1/2015  63N-2-503.5. Convention Incentive Fund.    (1) There is created an expendable special revenue fund known as the Convention Incentive Fund.     (2)   (a) The incentive fund shall be funded by new tax revenue, as provided in Subsection (3).     (b) No legislative appropriation is required to fund the incentive fund.     (c) All interest generated from the investment of money in the incentive fund shall be deposited into the incentive fund.       (3)   (a) During the portion of the eligibility period specified by the office under Subsection 63N-2-505(7)(a), the commission shall cause new tax revenue to be deposited into the incentive fund as provided in this Subsection (3).     (b) To the extent the commission is able to identify sellers involved in transactions generating state taxes or local taxes before the payment of those taxes, the commission shall deposit new tax revenue directly into the incentive fund, notwithstanding Subsection 59-12-103(3) and before the allocations required by Section 59-12-204, Subsection 59-12-205(2), Section 59-12-401, Section 59-12-603, and Section 59-12-1102.     (c) The commission shall, within 30 days after the office provides the information required under Subsection 63N-2-505(7)(b):   (i) except as provided in Subsection (3)(d), withhold from distribution to counties, cities, and towns the local portion of new tax revenue not deposited into the incentive fund under Subsection (3)(b) and transfer that local portion to the incentive fund; and     (ii) transfer to the incentive fund any state portion of new tax revenue not deposited into the incentive fund under Subsection (3)(b).       (d) The commission may equalize over a 12-month period the withholding required under Subsection (3)(c)(i) for a county, city, or town that requests equalization.       (4) One year after the end of the eligibility period, the commission shall transfer any money remaining in the incentive fund to the Stay Another Day and Bounce Back Fund created in Section 63N-2-511, except to the extent the money is needed to pay an unpaid certified claim.     (5) Except as otherwise provided in this chapter, an agreement with or approval by a local government entity is not required for the use of the state portion or local portion to fund a convention incentive.     (6) Distributions of money from the incentive fund shall be in accordance with Section 63N-2-505.    Enacted by Chapter 417, 2015 General Session  Technically renumbered for proper placement in Utah Code.
UT Code § 63N-2-504 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 504 - Independent review committee.

 Effective 7/1/2021  63N-2-504. Independent review committee.    (1) In accordance with rules adopted by the office under Section 63N-2-509, the GO Utah board shall establish a separate, independent review committee to provide recommendations to the office regarding the terms and conditions of an agreement and to consult with the office as provided in this part or in rule.     (2) The review committee shall consist of:   (a) one member appointed by the executive director to represent the office;     (b) two members appointed by the mayor or chief executive of the county in which the qualified hotel is located or proposed to be located;     (c) two members appointed by:   (i) the mayor of the municipality in which the qualified hotel is located or proposed to be located, if the qualified hotel is located or proposed to be located within the boundary of a municipality; or     (ii) the mayor or chief executive of the county in which the qualified hotel is located or proposed to be located, in addition to the two members appointed under Subsection (2)(b), if the qualified hotel is located or proposed to be located outside the boundary of a municipality;       (d) an individual representing the hotel industry, appointed by the Utah Hotel and Lodging Association;     (e) an individual representing the commercial development and construction industry, appointed by the president or chief executive officer of the local chamber of commerce;     (f) an individual representing the convention and meeting planners industry, appointed by the president or chief executive officer of the local convention and visitors bureau; and     (g) one member appointed by the GO Utah board.       (3)   (a) A member serves an indeterminate term and may be removed from the review committee by the appointing authority at any time.     (b) A vacancy may be filled in the same manner as an appointment under Subsection (2).       (4) A member of the review committee may not be paid for serving on the review committee and may not receive per diem or expense reimbursement.     (5) The office shall provide any necessary staff support to the review committee.    Amended by Chapter 282, 2021 General Session
UT Code § 63N-2-507 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 507 - Assigning convention incentive.

 Effective 5/10/2016  63N-2-507. Assigning convention incentive.    (1) A host local government that enters into an agreement with the office may, by resolution, assign a convention incentive to a community reinvestment agency, in accordance with rules adopted by the office.     (2) A host local government that adopts a resolution assigning a convention incentive under Subsection (1) shall provide a copy of the resolution to the office.    Amended by Chapter 350, 2016 General Session
UT Code § 63N-2-509 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 509 - Rulemaking authority -- Requirements for rules.

 Effective 7/1/2015  63N-2-509. Rulemaking authority -- Requirements for rules.    (1) The office shall, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, make rules to carry out its responsibilities under this part and to implement the provisions of this part.     (2) The rules the office makes under Subsection (1) shall:   (a) establish, consistent with this part, the conditions required for a convention incentive;     (b) require that a significant capital investment be made in the development of the hotel property;     (c) require a claimant to meet all applicable requirements in order to receive a distribution from the incentive fund;     (d) require that a qualified hotel owner meet the county's requirements to receive an endorsement letter; and     (e) provide for the establishment of an independent review committee, in accordance with the requirements of Section 63N-2-504.      Renumbered and Amended by Chapter 283, 2015 General SessionAmended by Chapter 417, 2015 General Session
UT Code § 63N-2-510 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 510 - Report by office -- Posting of report.

 Effective 7/1/2021  63N-2-510. Report by office -- Posting of report.    (1) The office shall include the following information in the office's annual written report described in Section 63N-1a-306:   (a) the state's success in attracting new conventions and corresponding new state revenue;     (b) the estimated amount of convention incentive commitments and the associated calculation made by the office and the period of time over which convention incentives are expected to be paid;     (c) the economic impact on the state related to generating new state revenue and providing convention incentives; and     (d) the estimated and actual costs and economic benefits of the convention incentive commitments that the office made.       (2) Upon the commencement of the construction of a qualified hotel, the office shall send a written notice to the Division of Finance:   (a) referring to the two annual deposits required under Subsection 59-12-103(11); and     (b) notifying the Division of Finance that construction on the qualified hotel has begun.      Amended by Chapter 282, 2021 General Session
UT Code § 63N-2-511 (2021)
2021 Utah Code|Title 63N - Economic Opportunity Act|Chapter 2 - Tax Credit Incentives for Economic Development|Part 5 - New Convention Facility Development Incentives|Section 511 - Stay Another Day and Bounce Back Fund.

 Effective 7/1/2015  63N-2-511. Stay Another Day and Bounce Back Fund.    (1) As used in this section:   (a) "Bounce back fund" means the Stay Another Day and Bounce Back Fund, created in Subsection (2).     (b) "Tourism board" means the Board of Tourism Development created in Section 63N-7-101.       (2) There is created an expendable special revenue fund known as the Stay Another Day and Bounce Back Fund.     (3) The bounce back fund shall:   (a) be administered by the tourism board;     (b) earn interest; and     (c) be funded by:   (i) annual payments under Section 17-31-9 from the county in which a qualified hotel is located;     (ii) money transferred to the bounce back fund under Section 63N-2-503.5 or 63N-2-512; and     (iii) any money that the Legislature chooses to appropriate to the bounce back fund.         (4) Interest earned by the bounce back fund shall be deposited into the bounce back fund.     (5) The tourism board may use money in the bounce back fund to pay for a tourism program of advertising, marketing, and branding of the state, taking into consideration the long-term strategic plan, economic trends, and opportunities for tourism development on a statewide basis.    Renumbered and Amended by Chapter 283, 2015 General SessionAmended by Chapter 417, 2015 General Session