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S.B. 40
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STATE TRADE DATABASE
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2008 GENERAL SESSION
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STATE OF UTAH
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Chief Sponsor: Mark B. Madsen
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House Sponsor:
Sheryl L. Allen
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LONG TITLE
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Committee Note:
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The Utah International Trade Commission recommended this bill.
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Membership: 8 legislators 3 non-legislators
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Legislative Vote: 6 voting for 0 voting against 2 absent
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General Description:
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This bill requires the Governor's Office of Economic Development to maintain a
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database of businesses that export a product or service internationally.
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Highlighted Provisions:
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This bill:
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. requires the Governor's Office of Economic Development to maintain a database, in
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cooperation with the Automated Geographic Reference Center, of businesses that
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export a product or service internationally; and
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. makes technical changes.
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Monies Appropriated in this Bill:
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None
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Other Special Clauses:
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None
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Utah Code Sections Affected:
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AMENDS:
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63-38f-403, as renumbered and amended by Laws of Utah 2005, Chapter 148
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Be it enacted by the Legislature of the state of Utah:
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Section 1.
Section
63-38f-403
is amended to read:
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63-38f-403. Powers of the office.
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The office shall:
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(1) monitor the implementation and operation of this part and conduct a continuing
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evaluation of the progress made in the enterprise zones;
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(2) evaluate an application from a county applicant or a municipal applicant to be
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designated an enterprise zone and determine if the applicant qualifies for that designation;
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(3) provide technical assistance to county applicants and municipal applicants in
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developing applications for designation as enterprise zones;
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(4) assist county applicants and municipal applicants designated as enterprise zones in
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obtaining assistance from the federal government and agencies of the state;
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(5) assist a qualified business in obtaining the benefits of an incentive or inducement
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program authorized by this part; [and]
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(6) prepare an annual evaluation based, in part, on data provided by the State Tax
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Commission:
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(a) evaluating the effectiveness of the program and any suggestions for legislation; and
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(b) that is available upon request to the governor and to the Revenue and Taxation
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Interim Committee of the Legislature by November 1 of each year[.]; and
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(7) maintain a database in cooperation with the Automated Geographic Reference
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Center to be included in the State Geographic Information Database identifying by address
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each business located in Utah of which the office is aware that exports a product or service to
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another country unless the business objects to inclusion in the database.
Legislative Review Note
as of 11-16-07 11:20 AM