Utah Administrative Code (Current through November 1, 2019) |
R357. Governor, Economic Development |
R357-13. Hotel Convention Center Incentive |
R357-13-7. Incremental Property Tax Revenue
Latest version.
-
(1) The Office shall define in an Agreement with the Qualified Hotel how and under what circumstances a county in which a qualified hotel is located shall retain incremental property tax revenue during the eligibility period and that provides assurances that incremental property tax revenue may only be used for the purposes set forth in Utah Code Section 63N-2-508(3).