2006 Utah Code - 63-38f-1705 — Qualifications for rebates -- Payment procedure.

     63-38f-1705.   Qualifications for rebates -- Payment procedure.
     (1) The office shall set standards to qualify for partial rebates under this part, subject to the following:
     (a) the qualification criteria established in Subsections 63-38f-1305(1), (2), (3), (4), and (6); and
     (b) only projects that include significant capital investment, the creation of high paying jobs, or significant purchases from Utah vendors and providers, or any combination of these three economic factors are eligible for partial rebates.
     (2) A payment of partial rebates of new state revenues shall be made in accordance with procedures adopted by the office, with advice from the board, to include the payment procedures described in Section 63-38f-1306 as applied to partial rebates authorized under this part.

Enacted by Chapter 272, 2005 General Session