Section 603 – Tax credit — Amount — Eligibility — Reporting.
Effective 5/4/2022 79-6-603. Tax credit — Amount — Eligibility — Reporting. (1) Before the office enters into an agreement described in Subsection (3) with an applicant regarding a project, the office, in consultation with the Utah Energy Infrastructure Board created in Section 79-6-902, and other state agencies as necessary, shall, in accordance with the procedures […]
Section 604 – Tax credit — Application procedure.
Effective 5/4/2022 79-6-604. Tax credit — Application procedure. (1) An applicant shall provide the office with: (a) an application for a tax credit certificate; (b) documentation that the applicant meets the requirements described in Subsection 79-6-603(1), to the satisfaction of the office, for the taxable year for which the applicant seeks to claim a tax […]
Section 605 – Report to the Legislature.
Effective 7/1/2022 79-6-605. Report to the Legislature. The office shall report annually to the Public Utilities, Energy, and Technology Interim Committee describing: (1) the office’s success in attracting high cost infrastructure projects to the state and the resulting increase in infrastructure-related revenue under this part; (2) the amount of tax credits the office has granted […]
Section 606 – Administrative rules.
Effective 7/1/2021 79-6-606. Administrative rules. The office may establish, by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, requirements and procedures for the implementation of this part. Renumbered and Amended by Chapter 280, 2021 General Session