2011 Utah Code
Title 63M Governor's Programs
Chapter 1 Governor's Office of Economic Development
Section 2909 Issuance of tax credit certificates.

63M-1-2909. Issuance of tax credit certificates.
(1) For a tax credit applicant that seeks to claim a tax credit under Section 59-7-614.6, 59-10-1025, or 59-10-1109, the office may issue a tax credit certificate to the tax credit applicant:
(a) for the first taxable year for which the tax credit applicant qualifies for the tax credit and enters into an agreement with the office; and
(b) for two taxable years immediately following the taxable year described in Subsection (1)(a).
(2) For a tax credit applicant that seeks to claim a tax credit under Section 59-10-1026, the office may issue a tax credit certificate to the tax credit applicant only for the taxable year for which the tax credit applicant qualifies for the tax credit and enters into an agreement with the office.
(3) The office shall provide a duplicate copy of each tax credit certificate to the State Tax Commission.