2011 Utah Code
Title 63M Governor's Programs
Chapter 1 Governor's Office of Economic Development
Section 2910 Report to the Legislature -- Study by legislative committees.

63M-1-2910. Report to the Legislature -- Study by legislative committees.
(1) The office shall annually report to the Workforce Services and Community and Economic Development Interim Committee and Revenue and Taxation Interim Committee describing:
(a) the total amount listed on tax credit certificates the office issues under this part;
(b) the criteria that the office uses in prioritizing the issuance of tax credits amongst tax credit applicants under this part; and
(c) the economic impact on the state related to providing tax credits under this part.
(2) (a) On or before November 1, 2011, and every five years after November 1, 2011, the Workforce Services and Community and Economic Development Interim Committee and Revenue and Taxation Interim Committee shall:
(i) study the tax credits allowed under Sections 59-7-614.6, 59-10-1025, 59-10-1026, and 59-10-1109; and
(ii) make recommendations concerning whether the tax credits should be continued, modified, or repealed.
(b) The study under Subsection (2)(a) shall include an evaluation of:
(i) the cost of the tax credits under Sections 59-7-614.6, 59-10-1025, 59-10-1026, and 59-10-1109;
(ii) the purposes and effectiveness of the tax credits; and
(iii) the extent to which the state benefits from the tax credits.