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H.B. 304 Enrolled
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7 LONG TITLE
8 General Description:
9 This bill modifies a provision regarding qualification for designation as an enterprise
10 zone under the Enterprise Zone Act.
11 Highlighted Provisions:
12 This bill:
13 . modifies the population level of a municipality that may qualify for designation as
14 an enterprise zone.
15 Money Appropriated in this Bill:
16 None
17 Other Special Clauses:
18 None
19 Utah Code Sections Affected:
20 AMENDS:
21 63M-1-404, as last amended by Laws of Utah 2011, Chapter 84
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23 Be it enacted by the Legislature of the state of Utah:
24 Section 1. Section 63M-1-404 is amended to read:
25 63M-1-404. Criteria for designation of enterprise zones -- Application.
26 (1) A county applicant seeking designation as an enterprise zone shall file an
27 application with the office that, in addition to complying with the other requirements of this
28 part:
29 (a) verifies that the county has a population of not more than 50,000; and
30 (b) provides clear evidence of the need for development in the county.
31 (2) A municipal applicant seeking designation as an enterprise zone shall file an
32 application with the office that, in addition to complying with other requirements of this part:
33 (a) verifies that the municipality [
34 that does not exceed 15,000;
35 (b) verifies that the municipality is within a county that has a population of not more
36 than 50,000; and
37 (c) provides clear evidence of the need for development in the municipality.
38 (3) An application filed under Subsection (1) or (2) shall be in a form and in
39 accordance with procedures approved by the office, and shall include the following
40 information:
41 (a) a plan developed by the county applicant or municipal applicant that identifies local
42 contributions meeting the requirements of Section 63M-1-405 ;
43 (b) the county applicant or municipal applicant has a development plan that outlines:
44 (i) the types of investment and development within the zone that the county applicant
45 or municipal applicant expects to take place if the incentives specified in this part are provided;
46 (ii) the specific investment or development reasonably expected to take place;
47 (iii) any commitments obtained from businesses;
48 (iv) the projected number of jobs that will be created and the anticipated wage level of
49 those jobs;
50 (v) any proposed emphasis on the type of jobs created, including any affirmative action
51 plans; and
52 (vi) a copy of the county applicant's or municipal applicant's economic development
53 plan to demonstrate coordination between the zone and overall county or municipal goals;
54 (c) the county applicant's or municipal applicant's proposed means of assessing the
55 effectiveness of the development plan or other programs within the zone once they have been
56 implemented within the zone;
57 (d) any additional information required by the office; and
58 (e) any additional information the county applicant or municipal applicant considers
59 relevant to its designation as an enterprise zone.
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