§39A-331 - Estimate of benefits.
[§39A-331] Estimate of benefits. (a) Each project party with a project agreement with the department shall estimatethe benefits derived from the use of the proceeds of special purpose revenuebonds. The benefits estimated shall be based on the creation of new jobs andpotential effect on tax receipts. The format of and method for determining theestimates shall be established by the department and shall be uniform for eachproject party.
(b) To promote public understanding of therole played by special purpose revenue bonds in providing benefits to thegeneral public, the department shall take appropriate steps to ensure publicaccess to and scrutiny of the estimates determined under subsection (a).
(c) The department shall adopt rules underchapter 91 for the purposes of this section. [L 2006, c 148, pt of §1]