Utah Code 63N-2-102. Purpose

63N-2-102. Purpose.
This part is enacted to:

(1)	foster and develop targeted industries in the state, to stimulate community-focused economic growth, and to diversify and catalyze the state’s economy;

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)	create high paying employment opportunities in the state;

(3)	provide tax credits to attract new commercial projects and new jobs in economic development zones in the state; and

(4)	provide a cooperative and unified working relationship between state and local economic development efforts.

Amended by Chapter 200, 2022 General Session