Utah Code 63N-2-102. Purpose
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This part is enacted to:
(1) foster and develop targeted industries in the state, to stimulate community-focused economic growth, and to diversify and catalyze the state’s economy;
Terms Used In Utah Code 63N-2-102
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
(2) create high paying employment opportunities in the state;
(3) provide tax credits to attract new commercial projects and new jobs in economic development zones in the state; and
(4) provide a cooperative and unified working relationship between state and local economic development efforts.