Utah Code 79-6-605. Report to the Legislature
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The office shall report annually to the Public Utilities, Energy, and Technology Interim Committee describing:
(1) the office’s success in attracting high cost infrastructure projects to the state and the resulting increase in infrastructure-related revenue under this part;
Terms Used In Utah Code 79-6-605
- Infrastructure: means :(6)(a) an energy delivery project;(6)(b) a railroad as defined in Section
54-2-1 ;(6)(c) a fuel standard compliance project;(6)(d) a road improvement project;(6)(e) a water self-supply project;(6)(f) a water removal system project;(6)(g) a solution-mined subsurface salt cavern;(6)(h) a project that is designed to:(6)(h)(i) increase the capacity for water delivery to a water user in the state; or(6)(h)(ii) increase the capability of an existing water delivery system or related facility to deliver water to a water user in the state;(6)(i) an underground mine infrastructure project;(6)(j) an emissions reduction project;(6)(k) a mineral processing project;(6)(l) a water purification project; or(6)(m) a water resource forecasting project. See Utah Code 79-6-602- Infrastructure-related revenue: means an amount of tax revenue, for an entity creating a high cost infrastructure project, in a taxable year, that is directly attributable to a high cost infrastructure project, under:
(8)(a) SubsectionUtah Code 79-6-602 - Office: means the Office of Energy Development created in Section
79-6-401 . See Utah Code 79-6-602- 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) the amount of tax credits the office has granted or will grant and the time period during which the tax credits have been or will be granted; and(3) the economic impact on the state by comparing infrastructure-related revenue to tax credits that have been or will be granted under this part. - Infrastructure-related revenue: means an amount of tax revenue, for an entity creating a high cost infrastructure project, in a taxable year, that is directly attributable to a high cost infrastructure project, under: