Effective 7/1/2021 79-6-503. Tax credits. (1) (a) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office shall make rules establishing standards an alternative energy entity shall meet to qualify for a tax credit. (b) Before the office enters into an agreement described in Subsection (2) with an alternative energy entity, the […]
Effective 7/1/2021 79-6-504. Qualifications for tax credit — Procedure. (1) The office shall certify an alternative energy entity’s eligibility for a tax credit as provided in this section. (2) A tax credit applicant shall provide the office with: (a) an application for a tax credit certificate; (b) documentation that the tax credit applicant meets the […]
Effective 7/1/2022 79-6-505. Report to the Legislature. The office shall annually provide an electronic report to the Public Utilities, Energy, and Technology Interim Committee describing: (1) the office’s success in attracting alternative energy projects to the state and the resulting increase in new state revenues under this part; (2) the amount of tax credits the […]
