FY 2016 Appropriation

The Industrial Assistance Fund was established to provide funding for a post-performance grant program to enhance job creation in the state. UCA 63M-1-903 and 63M-1-905 establish the uses and restrictions on the fund. Replenishments to the fund are authorized and appropriated by the Legislature.

Funding History
Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $2,700,000 from all sources for GFR - Industrial Assistance Account. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.

Intent Language

SB0002: Item 188

The Legislature intends that up to $4,000,000 of the Industrial Assistance Fund allocation to economic opportunities be allowed as incentive for a television series.

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COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.