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H.B. 304 Enrolled

             1     

ENTERPRISE ZONE AMENDMENTS

             2     
2013 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Kraig Powell

             5     
Senate Sponsor: Kevin T. Van Tassell

             6     
             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
             22     
             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 [is a city of the fifth class or a town] has a population
             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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