63M-1-2806 - Report to the Legislature.
63M-1-2806. Report to the Legislature.
The office shall report annually to the Legislature's Workforce Services and Communityand Economic Development Interim Committee and the Utah Tax Review Commissiondescribing:
(1) its success in attracting alternative energy projects to alternative energy developmentzones under this part and the corresponding increase in new increment jobs;
(2) the amount of tax credits promised and the period of time over which the tax creditswill be paid; and
(3) the economic impact on the state related to generating new state revenues andproviding tax credits under this part.
The office shall report annually to the Legislature's Workforce Services and Communityand Economic Development Interim Committee and the Utah Tax Review Commissiondescribing:
(1) its success in attracting alternative energy projects to alternative energy developmentzones under this part and the corresponding increase in new increment jobs;
(2) the amount of tax credits promised and the period of time over which the tax creditswill be paid; and
(3) the economic impact on the state related to generating new state revenues andproviding tax credits under this part.
Amended by Chapter 45, 2010 General Session