Utah Code 63N-2-203. Powers of the office
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The office shall:
(1) monitor the implementation and operation of this part and conduct a continuing evaluation of the progress made in the enterprise zones;
Terms Used In Utah Code 63N-2-203
- Business entity: means an entity, sole proprietorship, or individual:(1)(a) including a claimant, estate, or trust; and(1)(b) under which or by whom business is conducted or transacted. See Utah Code 63N-2-202
- Commission: means the Unified Economic Opportunity Commission created in Section
63N-1a-201 . See Utah Code 63N-1a-102- County applicant: means the governing authority of a county that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202
- Full-time employee: means an employment position that is filled by an employee who works at least 30 hours per week and:
(6)(a) may include an employment position filled by more than one employee, if each employee who works less than 30 hours per week is provided benefits comparable to a full-time employee; and(6)(b) may not include an employment position that is shifted from one jurisdiction in the state to another jurisdiction in the state. See Utah Code 63N-1a-102- Municipal applicant: means the governing authority of a city or town that meets the requirements for designation as an enterprise zone under Section 63N-2-204. See Utah Code 63N-2-202
- Property: includes both real and personal property. See Utah Code 68-3-12.5
- 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) evaluate an application for designation as an enterprise zone from a county applicant or a municipal applicant and determine if the applicant qualifies for that designation;(3) provide technical assistance to county applicants and municipal applicants in developing applications for designation as enterprise zones;(4) assist county applicants and municipal applicants designated as enterprise zones in obtaining assistance from the federal government and agencies of the state;(5) assist a qualified business entity in obtaining the benefits of an incentive or inducement program authorized by this part; and(6) as part of the annual written report described in Section 63N-1a-306, prepare an annual evaluation that provides:(6)(a) based on data from the State Tax Commission, the total amount of tax credits claimed under this part;(6)(b) the total amount awarded in tax credits for each development zone;(6)(c) the number of new full-time employee positions reported to obtain tax credits in each development zone;(6)(d) the amount of tax credits awarded for rehabilitating a building in each development zone;(6)(e) the amount of tax credits awarded for investing in a plant, equipment, or other depreciable property in each development zone; and(6)(f) recommendations regarding the effectiveness of the program and any suggestions for legislation. - Commission: means the Unified Economic Opportunity Commission created in Section