Utah Code 63N-2-509. Rulemaking authority — Requirements for rules
Current as of: 2024 | Check for updates
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(1) The office shall, in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, make rules to carry out its responsibilities under this part and to implement the provisions of this part.
Terms Used In Utah Code 63N-2-509
- Claimant: means the qualified hotel owner or host local government that submits a claim under Subsection 63N-2-505(1)(a) for a convention incentive. See Utah Code 63N-2-502
- Convention incentive: means an incentive for the development of a qualified hotel, in the form of payment from the incentive fund as provided in this part, as authorized in an agreement. See Utah Code 63N-2-502
- Endorsement letter: means a letter:(11)(a) from the county in which a qualified hotel is located or is proposed to be located;(11)(b) signed by the county executive; and(11)(c) expressing the county's endorsement of a developer of a qualified hotel as meeting all the county's criteria for receiving the county's endorsement. See Utah Code 63N-2-502
- Hotel property: means a qualified hotel and any property that is included in the same development as the qualified hotel, including convention, exhibit, and meeting space, retail shops, restaurants, parking, and other ancillary facilities and amenities. See Utah Code 63N-2-502
- Incentive fund: means the Convention Incentive Fund created in Section Utah Code 63N-2-502
- Qualified hotel: means a full-service hotel development constructed in the state on or after July 1, 2014 that:
(23)(a) requires a significant capital investment;(23)(b) includes at least 85 square feet of convention, exhibit, and meeting space per guest room; and(23)(c) is located within 1,000 feet of a convention center that contains at least 500,000 square feet of convention, exhibit, and meeting space. See Utah Code 63N-2-502- Review committee: means the independent review committee established under Section 63N-2-504. See Utah Code 63N-2-502
- Significant capital investment: means an amount of at least $200,000,000. See Utah Code 63N-2-502
(2) The rules the office makes under Subsection (1) shall:(2)(a) establish, consistent with this part, the conditions required for a convention incentive;(2)(b) require that a significant capital investment be made in the development of the hotel property;(2)(c) require a claimant to meet all applicable requirements in order to receive a distribution from the incentive fund;(2)(d) require that a qualified hotel owner meet the county’s requirements to receive an endorsement letter; and(2)(e) provide for the establishment of an independent review committee, in accordance with the requirements of Section 63N-2-504.