Terms Used In Utah Code > Title 79 > Chapter 6 > Part 6 - High Cost Infrastructure Development Tax Credit Act

• Applicant: means a person that conducts business in the state and that applies for a tax credit under this part. See Utah Code 79-6-602
• Energy delivery project: means a project that is designed to:

  (a)	increase the capacity for the delivery of energy to a user of energy inside or outside the state; or

  (b)

  increase the capability of an existing energy delivery system or related facility to deliver energy to a user of energy inside or outside the state. See Utah Code 79-6-602 Fuel standard compliance project: means a project designed to retrofit a fuel refinery in order to make the refinery capable of producing fuel that complies with the United States Environmental Protection Agency's Tier 3 gasoline sulfur standard described in 40 C. See Utah Code 79-6-602 High cost infrastructure project: means a project, including an energy delivery project or a fuel standard compliance project: (a)  (i)  that expands or creates new industrial, mining, manufacturing, or agriculture activity in the state, not including a retail business; (ii)  that involves new investment of at least $50,000,000 in an existing industrial, mining, manufacturing, or agriculture entity, by the entity; or (iii)  for the construction of a plant or other facility, including a fueling station, for the storage, production, or distribution of hydrogen fuel used for transportation, electricity generation, or industrial use; (b)  that requires or is directly facilitated by infrastructure construction; and (c)  for which the cost of infrastructure construction to the entity creating the project is greater than: (i)  10% of the total cost of the project; or (ii)  $10,000,000. See Utah Code 79-6-602 Infrastructure: means : (a)  an energy delivery project; (b)  a railroad as defined in Section 54-2-1; (c)  a fuel standard compliance project; (d)  a road improvement project; (e)  a water self-supply project; (f)  a water removal system project; (g)  a solution-mined subsurface salt cavern; or (h)  a project that is designed to: (i)  increase the capacity for water delivery to a water user in the state; or (ii)  increase the capability of an existing water delivery system or related facility to deliver water to a water user in the state. See Utah Code 79-6-602 Infrastructure cost-burdened entity: includes a pass-through entity taxpayer, as defined in Section 59-10-1402, of a person described in Subsection (6)(a). See Utah Code 79-6-602 Infrastructure-related revenue: means an amount of tax revenue, for an entity creating a high cost infrastructure project, in a taxable year, that is directly attributable to a high cost infrastructure project, under: (a)  Title 59, Chapter 7, Corporate Franchise and Income Taxes; (b)  Title 59, Chapter 10, Individual Income Tax Act; and (c)  Title 59, Chapter 12, Sales and Use Tax Act. See Utah Code 79-6-602 Office: means the Office of Energy Development created in Section 79-6-401. See Utah Code 79-6-602 Person: means :Utah Code 68-3-12.5 Property: includes both real and personal property. See Utah Code 68-3-12.5 Road: includes :Utah Code 68-3-12.5 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 Tax credit: means a tax credit under Section 59-7-619 or 59-10-1034. See Utah Code 79-6-602 Tax credit certificate: means a certificate issued by the office to an infrastructure cost-burdened entity that: (a)  lists the name of the infrastructure cost-burdened entity; (b)  lists the infrastructure cost-burdened entity's taxpayer identification number; (c)  lists, for a taxable year, the amount of the tax credit authorized for the infrastructure cost-burdened entity under this part; and (d)  includes other information as determined by the office. See Utah Code 79-6-602 Underground mine infrastructure project: includes : (i)  an underground access or a haulage road, entry, ramp, or decline; (ii)  a vertical or incline mine shaft; (iii)  a ventilation shaft or an air course; or (iv)  a conveyor or a truck haulageway. See Utah Code 79-6-602 v2 United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5