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Home » 2019 Issues » Vol. 2019, No. 12 (06/15/2019) » No. 43734 (5-year Review): Rule R357-7. Utah Capital Investment Board

  No. 43734 (5-year Review): Rule R357-7. Utah Capital Investment Board  

  • DAR File No.: 43734
    Filed: 05/22/2019 12:49:09 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:

    Sections 63N-6-203, 63N-6-401, 63N-6-406, and 63N-6-408 require the Office of Economic Development to make rules to: establish the manner by which it allocates, issues, calculates, certifies, and provides for the application for, or transfer and redemption of, contingent tax credits; establish criteria and procedures for assessing the likelihood of future certificate redemptions by designated investors; and set a target rate of return or range of returns for the investment portfolio of the Utah Fund of Funds.

    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 Governor's Office of Economic Development (GOED) has not received comments on this rule during the last five years.

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

    This rule is required under Sections 63N-6-203, 63N-6-401, 63N-6-406, and 63N-6-408. Therefore, this rule should be continued.

    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:

    05/22/2019

    Authorized by:

    Val Hale, Executive Director

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Document Information

Effective Date:
5/22/2019
Publication Date:
06/15/2019
Type:
Five-Year Notices of Review and Statements of Continuation
Filed Date:
05/22/2019
Agencies:
Governor, Economic Development
Authorized By:
Val Hale, Executive Director
DAR File No.:
43734
Summary:

The Governor's Office of Economic Development (GOED) has not received comments on this rule during the last five years.

CodeNo:
R357-7
CodeName:
{42317|R357-7|R357-7. Utah Capital Investment Board}
Link Address:
GovernorEconomic Development60 E SOUTH TEMPLE 3RD FLRSALT LAKE CITY, UT 84111
Link Way:

Dane Ishihara, by phone at 801-538-8865, by FAX at , or by Internet E-mail at dishihara@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 https://rules.utah.gov/publicat/bull_pdf/2019/b20190615.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)
R357-7. Utah Capital Investment Board