reglab/housing_qa huggingface dataset:
UT Code § 59-7-532 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 532 - Revenue received by commission -- Deposit with state treasurer -- Distribution or crediting to Education Fund -- Refund claim payments.

 Effective 1/1/2021  59-7-532. Revenue received by commission -- Deposit with state treasurer -- Distribution or crediting to Education Fund -- Refund claim payments.    (1)   (a) The commission shall deposit at least quarterly all revenue collected or received by the commission under this chapter with the state treasurer.     (b) The commission shall, subject to the refund provisions of this section, distribute or credit, at least quarterly and based on a pro rata share of Education Fund and Uniform School Fund appropriations for the current fiscal year, the revenue described in Subsection (1)(a) to:   (i) the Education Fund; and     (ii) the Uniform School Fund in accordance with Section 53F-9-201.1.       (c) The commission may credit to or draw from the Education Fund and the Uniform School Fund:   (i) annually to adjust for differences between estimates and actual amounts; or     (ii) in the proportion described in Subsection (1)(b) to issue a refund.         (2) The commission shall from time to time certify to the state auditor the amount of any refund authorized by it, the amount of interest computed on it under the provisions of Section 59-7-533, from whom the tax to be refunded was collected, or by whom it was paid, and such refund claims shall be paid in order out of the funds first accruing to the Education Fund from the provisions of this section.    Amended by Chapter 207, 2020 General Session
UT Code § 59-7-533 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 533 - Interest on overpayments.

59-7-533. Interest on overpayments.  Interest shall be allowed and paid upon any overpayment in respect of any tax imposed by this chapter at the rate and in the manner prescribed in Section 59-1-402.  Amended by Chapter 1, 1993 Special Session 2Amended by Chapter 1, 1993 Special Session 2
UT Code § 59-7-534 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 534 - Failure to pay tax -- Suspension or forfeiture of corporate rights.

59-7-534. Failure to pay tax -- Suspension or forfeiture of corporate rights.    (1) If a tax computed and levied under this chapter is not paid before 5 p.m. on the last day of the 11th month after the date of delinquency, the corporate powers, rights, and privileges of the delinquent taxpayer, if it is a domestic corporation, shall be suspended, and if a foreign corporation, it shall forfeit its rights to do intrastate business in this state.     (2) The commission shall transmit the name of each such corporation to the Division of Corporations and Commercial Code, which shall immediately record the same in such manner that it may be available to the public. This suspension or forfeiture shall become effective from the time such record is made, and the certificate of the Division of Corporations and Commercial Code shall be prima facie evidence of such suspension or forfeiture.    Renumbered and Amended by Chapter 169, 1993 General Session
UT Code § 59-7-535 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 535 - Doing business after suspension or forfeiture of certain corporate powers, rights, and privileges -- Penalty.

59-7-535. Doing business after suspension or forfeiture of certain corporate powers, rights, and privileges -- Penalty.    (1) A person is guilty of a class B misdemeanor if:   (a) the person's corporate powers, rights, and privileges have been suspended in accordance with Section 59-7-534; and     (b) the person:   (i) attempts or purports to exercise any of the rights, privileges, or powers of a suspended domestic corporation; or     (ii) transacts or attempts to transact any intrastate business in this state in behalf of a forfeited foreign corporation.         (2) Jurisdiction of the offense shall be in any county in which any part of an action described in Subsection (1)(b) occurred.     (3) Any contract made in violation of this section is unenforceable by a corporation or person described in Subsection (1).    Amended by Chapter 120, 2013 General Session
UT Code § 59-7-536 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 536 - Relief in case of suspension or forfeiture.

59-7-536. Relief in case of suspension or forfeiture.    (1)   (a) Any corporation which has suffered the suspension or forfeiture referred to in Section 59-7-534 may be relieved from that suspension or forfeiture by applying for that relief in writing, paying the tax and the interest and penalties for nonpayment of which the suspension or forfeiture occurred, and paying a reinstatement fee of $100. If the corporation has done business in this state during the period of such suspension, a tax shall be computed according to this chapter for each year in which the business was done, and the tax shall be added to the delinquency and penalties provided in this section. If the due date of any return required in this section has not passed, a return need not be filed until that due date.     (b) Application for revivor may be made by any stockholder or creditor of the corporation or by a majority of the surviving trustees or directors, and the same shall be filed with the Division of Corporations and Commercial Code. Upon payment to the commission of the taxes, penalties, and reinstatement fee provided for in this section, the Division of Corporations and Commercial Code shall issue a certificate of revivor, and the applicant shall be revived. The revivor shall be without prejudice to any action, defense, or right which has accrued by reason of the original suspension or forfeiture. The certificate of revivor is prima facie evidence of the revivor.       (2) If any corporation has adopted, subsequent to such suspension or forfeiture, any name so closely resembling the name of the reviving corporation as will tend to deceive, then the reviving corporation is entitled to a certificate of revivor pursuant to the terms of this section only upon adopting a new name, and in such case nothing in this section may be construed as permitting the reviving corporation to carry on any business under its former name. The reviving corporation may use its former name or may take the new name only upon filing an application for it with the Division of Corporations and Commercial Code, and upon the issuing of a certificate to such corporation by the Division of Corporations and Commercial Code, setting forth the right of such corporation to take such new name or use its former name as the case may be. The Division of Corporations and Commercial Code may not issue any certificate permitting any corporation to take or use the name of any corporation already organized in this state and which has not suffered a forfeiture, or take or use a name so closely resembling the name of any corporation already organized in this state as will tend to deceive.    Renumbered and Amended by Chapter 169, 1993 General Session
UT Code § 59-7-537 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 5 - Procedures and Administration|Section 537 - Confidentiality of information.

59-7-537. Confidentiality of information.  The confidentiality of returns and other information filed with the commission shall be governed by Section 59-1-403.  Renumbered and Amended by Chapter 169, 1993 General Session
UT Code § 59-7-601 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 601 - Credit of interest income from state and federal securities.

59-7-601. Credit of interest income from state and federal securities.    (1) There shall be allowed as a credit against the tax an amount equal to 1% of the gross interest income included in state taxable income from:   (a) bonds, notes, or other evidences of indebtedness issued by the state and its agencies and instrumentalities, and bonds, notes, or other evidences of indebtedness of any political subdivision as described in Section 11-14-303; and     (b) stocks, notes, or obligations issued by, or guaranteed by the United States Government, or any of its agencies and instrumentalities as defined under federal law.       (2) Amounts otherwise qualifying for the credit, but not allowable because the credit exceeds the tax, may be carried back three years or may be carried forward five years as a credit against the tax. Such carryover credits shall be applied against the tax before the application of the credits earned in the current year and on a first-earned first-used basis.    Amended by Chapter 105, 2005 General Session
UT Code § 59-7-606 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 606 - Tax credit -- Items using cleaner burning fuels.

59-7-606. Tax credit -- Items using cleaner burning fuels.    (1) As used in this section, "board" means the Air Quality Board created under Title 19, Chapter 2, Air Conservation Act.     (2) For taxable years beginning on or after January 1, 1992, but prior to January 1, 2003, there is allowed a tax credit against tax otherwise due under this chapter in an amount equal to 10%, up to a maximum of $50, of the total of both the purchase cost and installation services cost of each pellet burning stove, high mass wood stove, and solid fuel burning device purchased and installed that is certified by the federal Environmental Protection Agency in accordance with test procedures prescribed in 40 C.F.R. Sec. 60.534, including purchase cost and installation service cost of natural gas or propane free standing fireplaces or inserts, but not including fireplace logs.     (3) A taxpayer shall provide proof of the purchase of an item for which a tax credit is allowed under this section by:   (a) providing proof to the board in the form the board requires by rule;     (b) receiving a written statement from the board acknowledging receipt of the proof; and     (c) retaining the written statement described in Subsection (3)(b).       (4) The tax credit under this section is allowed only:   (a) against any Utah tax owed in the taxable year by the taxpayer; and     (b) for the taxable year in which the item is purchased for which the tax credit is claimed.      Amended by Chapter 198, 2003 General Session
UT Code § 59-7-609 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 609 - Historic preservation credit.

59-7-609. Historic preservation credit.    (1)   (a) For tax years beginning January 1, 1993, and thereafter, there is allowed to a taxpayer subject to Section 59-7-104, as a credit against the tax due, an amount equal to 20% of qualified rehabilitation expenditures, costing more than $10,000, incurred in connection with any residential certified historic building. When qualifying expenditures of more than $10,000 are incurred, the credit allowed by this section shall apply to the full amount of expenditures.     (b) All rehabilitation work to which the credit may be applied shall be approved by the State Historic Preservation Office prior to completion of the rehabilitation project as meeting the Secretary of the Interior's Standards for Rehabilitation so that the office can provide corrective comments to the taxpayer in order to preserve the historical qualities of the building.     (c) Any amount of credit remaining may be carried forward to each of the five taxable years following the qualified expenditures.     (d) The commission, in consultation with the Division of State History, shall promulgate rules to implement this section.       (2) As used in this section:   (a) "Certified historic building" means a building that is listed on the National Register of Historic Places within three years of taking the credit under this section or that is located in a National Register Historic District and the building has been designated by the Division of State History as being of significance to the district.     (b)   (i) "Qualified rehabilitation expenditures" means any amount properly chargeable to the rehabilitation and restoration of the physical elements of the building, including the historic decorative elements, and the upgrading of the structural, mechanical, electrical, and plumbing systems to applicable codes.     (ii) "Qualified rehabilitation expenditures" does not include expenditures related to:   (A) the taxpayer's personal labor;     (B) cost of acquisition of the property;     (C) any expenditure attributable to the enlargement of an existing building;     (D) rehabilitation of a certified historic building without the approval required in Subsection (1)(b); or     (E) any expenditure attributable to landscaping and other site features, outbuildings, garages, and related features.         (c) "Residential" means a building used for residential use, either owner occupied or income producing.      Enacted by Chapter 42, 1995 General Session
UT Code § 59-7-614.1 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 614.1 - Refundable tax credit for hand tools used in farming operations -- Procedures for refund -- Transfers from General Fund to Education Fund -- Rulemaking authority.

 Effective 7/1/2016  59-7-614.1. Refundable tax credit for hand tools used in farming operations -- Procedures for refund -- Transfers from General Fund to Education Fund -- Rulemaking authority.    (1) For a taxable year beginning on or after January 1, 2004, a taxpayer may claim a refundable tax credit:   (a) as provided in this section;     (b) against taxes otherwise due under this chapter; and     (c) in an amount equal to the amount of tax the taxpayer pays:   (i) on a purchase of a hand tool:   (A) if the purchase is made on or after July 1, 2004;     (B) if the hand tool is used or consumed primarily and directly in a farming operation in the state; and     (C) if the unit purchase price of the hand tool is more than $250; and       (ii) under Chapter 12, Sales and Use Tax Act, on the purchase described in Subsection (1)(c)(i).         (2) A taxpayer:   (a) shall retain the following to establish the amount of tax the resident or nonresident individual paid under Chapter 12, Sales and Use Tax Act, on the purchase described in Subsection (1)(c)(i):   (i) a receipt;     (ii) an invoice; or     (iii) a document similar to a document described in Subsection (2)(a)(i) or (ii); and       (b) may not carry forward or carry back a tax credit under this section.       (3)   (a) In accordance with any rules prescribed by the commission under Subsection (3)(b):   (i) the commission shall make a refund to a taxpayer that claims a tax credit under this section if the amount of the tax credit exceeds the taxpayer's tax liability under this chapter; and     (ii) the Division of Finance shall transfer at least annually from the General Fund into the Education Fund an amount equal to the amount of tax credit claimed under this section.       (b) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the commission may make rules providing procedures for making:   (i) a refund to a taxpayer as required by Subsection (3)(a)(i); or     (ii) transfers from the General Fund into the Education Fund as required by Subsection (3)(a)(ii).        Amended by Chapter 375, 2016 General Session
UT Code § 59-7-614.4 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 614.4 - Tax credit for pass-through entity taxpayer.

59-7-614.4. Tax credit for pass-through entity taxpayer.    (1) As used in this section:   (a) "Pass-through entity" is as defined in Section 59-10-1402.     (b) "Pass-through entity taxpayer" is as defined in Section 59-10-1402.       (2) A pass-through entity taxpayer may claim a refundable tax credit against the tax otherwise due under this chapter.     (3) The tax credit described in Subsection (2) is equal to the amount paid or withheld by the pass-through entity on behalf of the pass-through entity taxpayer described in Subsection (2) in accordance with Section 59-10-1403.2.     (4) A pass-through entity taxpayer may not claim a tax credit under this section for an amount for which the pass-through entity taxpayer claims a tax credit under Section 59-10-1103.    Enacted by Chapter 312, 2009 General Session
UT Code § 59-7-617 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 617 - Nonrefundable tax credit for employment of a person who is homeless.

 Effective 1/1/2015  59-7-617. Nonrefundable tax credit for employment of a person who is homeless.    (1) As used in this section:   (a) "Eligible employer" means a person who receives a tax credit certificate from the Department of Workforce Services in accordance with Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.     (b) "Person who is homeless" is as defined in Section 35A-5-302.       (2) Subject to the other provisions of this section, an eligible employer that is a corporation may claim a nonrefundable tax credit as provided in this section against a tax under this chapter.     (3) The tax credit under this section is the amount of tax credit listed on a tax credit certificate that the Department of Workforce Services issues to an employer for a taxable year under Title 35A, Chapter 5, Part 3, Tax Credit for Employment of Persons Who Are Homeless Act.     (4) An eligible employer may carry forward a tax credit under this section for a period that does not exceed the next five taxable years if:   (a) the eligible employer is allowed to claim a tax credit under this section; and     (b) the amount of the tax credit exceeds the eligible employer's tax liability under this chapter for that taxable year.       (5) An eligible employer shall retain a tax credit certificate the eligible employer receives from the Department of Workforce Services for the same time period a person is required to keep books and records under Section 59-1-1406.    Enacted by Chapter 315, 2014 General Session  Technically renumbered to avoid duplication of section number used in HB356, Chapter 429.
UT Code § 59-7-621 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 621 - Nonrefundable rural job creation tax credit.

 Effective 7/1/2021  59-7-621. Nonrefundable rural job creation tax credit.    (1) As used in this section, "office" means the Governor's Office of Economic Opportunity created in Section 63N-1a-301.     (2) Subject to the other provisions of this section, a taxpayer may claim a nonrefundable tax credit for rural job creation as provided in this section.     (3) The tax credit under this section is the amount listed as the tax credit amount on a tax credit certificate that the office issues under Title 63N, Chapter 4, Part 3, Utah Rural Jobs Act, to the taxpayer for the taxable year.     (4) A taxpayer may carry forward a tax credit under this section for the next seven taxable years if the amount of the tax credit exceeds the taxpayer's tax liability under this chapter for the taxable year in which the taxpayer claims the tax credit.    Amended by Chapter 282, 2021 General Session
UT Code § 59-7-622 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 622 - Nonrefundable tax credit for small employer's participation in retirement.

 Effective 5/9/2017  59-7-622. Nonrefundable tax credit for small employer's participation in retirement.    (1) As used in this section:   (a) "Participating employer" means a small employer that offers a qualified plan to the employer's employees for voluntary enrollment.     (b) "Qualified plan" means a retirement plan that meets the requirements of the Employee Retirement Income Security Act of 1974, 29 U.S.C. Sec. 1001 et seq.     (c) "Small employer" means an employer in the state that has at least 10, but fewer than 20 employees who work in the state.       (2) For a taxable year that begins on or after January 1, 2018, and before January 1, 2019, a participating employer may claim a $500 nonrefundable tax credit for the taxable year in which the participating employer first offers a qualified plan.     (3) A participating employer may not carry forward or carry back a tax credit described in this section.    Enacted by Chapter 479, 2017 General Session  Technically renumbered to avoid duplication of section number also enacted in SB267, Chapter 274.
UT Code § 59-7-623 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 623 - Nonrefundable guaranty association assessment tax credit.

 Effective 1/1/2019  59-7-623. Nonrefundable guaranty association assessment tax credit.    (1) As used in this section:   (a) "Guaranty association assessment" means the amount of any assessments paid by a qualified insurer under the guaranty association established under Title 31A, Chapter 28, Part 1, Utah Life and Health Insurance Guaranty Association Act, in the manner provided by Section 31A-28-113.     (b) "Qualified insurer" means an insurer, as defined in Section 31A-1-301, that is not subject to the premium tax on health care insurance under Section 59-9-101.       (2) For a taxable year beginning on or after January 1, 2019, a qualified insurer may claim a nonrefundable tax credit equal to 20% of the assessment for each of the five years following the year the qualified insurer pays a guaranty association assessment, in accordance with Section 31A-28-113.     (3)   (a) A qualified insurer may carry forward the portion of the tax credit that exceeds the qualified insurer's tax liability for the taxable year in accordance with Section 31A-28-113.     (b) A qualified insurer may not carry back the portion of the tax credit that exceeds the qualified insurer's tax liability for the taxable year.      Enacted by Chapter 391, 2018 General Session
UT Code § 59-7-624 (2021)
2021 Utah Code|Title 59 - Revenue and Taxation|Chapter 7 - Corporate Franchise and Income Taxes|Part 6 - Credits|Section 624 - Targeted business income tax credit.

 Effective 7/1/2021  59-7-624. Targeted business income tax credit.    (1) As used in this section, "business applicant" means the same as that term is defined in Section 63N-2-302.     (2) A business applicant that is certified and issued a targeted business income tax eligibility certificate by the Governor's Office of Economic Opportunity under Section 63N-2-304 may claim a refundable tax credit in the amount specified on the targeted business income tax eligibility certificate.     (3) For a taxable year for which a business applicant claims a targeted business income tax credit under this section, the business applicant may not claim or carry forward a tax credit under Section 59-7-610, Section 59-10-1007, or Title 63N, Chapter 2, Part 2, Enterprise Zone Act.    Amended by Chapter 282, 2021 General Session