No. 42398 (5-year Review): Rule R362-1. Qualifications for the Alternative Energy Development Tax Credit

DAR File No.: 42398
Filed: 12/18/2017 03:07:21 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Pursuant to Subsection 63M-4-503(1)(a), the Office of Energy Development may make rules establishing standards an alternative energy entity shall meet to qualify for a tax credit.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

The Office of Energy Development has not received any written comments supporting or opposing this rule.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule should be continued because in the absence of it the qualifications for an alternative energy entity to receive tax credits would not have the legal and administrative framework that it requires in order to be carried out responsibly.

The full text of this rule may be inspected, during regular business hours, at the Office of Administrative Rules, or at:

Governor
Energy Development (Office of)
60 E SOUTH TEMPLE 3RD FLR
Salt Lake City, UT 84111

Direct questions regarding this rule to:

• Robert Simmons at the above address, by phone at 801-657-2867, by FAX at , or by Internet E-mail at [e-mail]

Effective:

12/18/2017

Authorized by:

Laura Nelson, Executive Director

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