Utah Administrative Code
Topic - Governor
Title R357 - Economic Opportunity
Rule R357-13 - Hotel Convention Center Incentive
Section R357-13-5 - Independent Review Committee
Universal Citation: UT Admin Code R 357-13-5
Current through Bulletin 2024-06, March 15, 2024
(1) The independent review committee may:
(a) make
recommendations to the Office regarding appropriate terms and conditions for an
agreement with a qualified hotel;
(b) consult with the Office regarding
compliance with the;
(i) conditions,
contingencies and requirements related to the convention incentive:
(ii) proof of new tax revenue to support an
application or claim for a convention incentive; and
(iii) proof of reduction of the tax credit by
$1,900,000 for the first two years of the project;
(c) specify the maximum dollar amount that
the incentive recipient may receive for each application; and
(d) review documentation to ensure that
incentives are being used for the purposes set forth in Section
63N-2-513.
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