No. 40483 (5-year Review): Rule R357-5. Motion Picture Incentive Fund  

  • DAR File No.: 40483
    Filed: 06/09/2016 02:27:51 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:

    Section 63N-8-104 requires the office to make rules establishing the standards that a motion picture company and digital media company must meet to qualify for a motion picture incentive and the criteria for determining the amount of the motion picture incentive under Title 63N, Chapter 8, of the Utah Code Annotated.

    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 rule has received several comments regarding the need for more detail for the criteria for selecting film projects and how the amount of the tax credit is determined. Otherwise, the rule has not received any additional comments.

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

    The rule should be continued at this time because it does contain several basic criteria for how to qualify for the tax credit. The agency has filed a repeal and reenactment of this rule to address the comments. The new rule contains more criteria and the specific criteria that will be used to assess projects and potential award amounts. However, the agency does want to continue the current rule to be in effect until the new version becomes effective.

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

    Governor
    Economic Development
    60 E SOUTH TEMPLE 3RD FLR
    SALT LAKE CITY, UT 84111

    Direct questions regarding this rule to:

    Effective:

    06/09/2016

    Authorized by:

    Val Hale, Executive Director


Document Information

Effective Date:
6/9/2016
Publication Date:
07/01/2016
Type:
Five-Year Notices of Review and Statements of Continuation
Filed Date:
06/09/2016
Agencies:
Governor, Economic Development
Authorized By:
Val Hale, Executive Director
DAR File No.:
40483
Summary:

The rule has received several comments regarding the need for more detail for the criteria for selecting film projects and how the amount of the tax credit is determined. Otherwise, the rule has not received any additional comments.

CodeNo:
R357-5
CodeName:
{38477|R357-5|R357-5. Motion Picture Incentive Fund}
Link Address:
GovernorEconomic Development60 E SOUTH TEMPLE 3RD FLRSALT LAKE CITY, UT 84111
Link Way:

Jeffrey Van Hulten, by phone at 801-538-8694, by FAX at 801-538-8888, or by Internet E-mail at jeffreyvan@utah.gov

AdditionalInfo:
More information about a Five-Year Notice of Review and Statement of Continuation is available online. The Portable Document Format (PDF) version of the Bulletin is the official version. The PDF version of this issue is available at http://www.rules.utah.gov/publicat/bull-pdf/2016/b20160701.pdf. The HTML edition of the Bulletin is a convenience copy. Any discrepancy between the PDF version and HTML version is resolved in favor of the PDF version. For questions regarding the content or ...
Related Chapter/Rule NO.: (1)
R357-5. Motion Picture Incentive Fund.