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Utah Administrative Code (Current through November 1, 2019) |
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R357. Governor, Economic Development |
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R357-15a. Non-Profit Enterprise Zone Program |
| R357-15a-101. Title |
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Latest version.
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This rule is known as the "Non-Profit Enterprise Zone Rule." |
| R357-15a-103. Authority |
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Latest version.
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(1) Subsection 63N-2-213.5 (14) requires the office to make rules for administration of the program. |
| R357-15a-104. Content of Application |
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Latest version.
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(1) The following content shall, at minimum, be included in each entity's application for a grant: (a) entity name; (b) contact information including: (i) contact name; (ii) email address; (iii) telephone number; (iv) title; and (v) mailing address. (c) description of the primary use of funds, including: (i) how the project will impact the enterprise zone; (2) Supporting documentation including: (a) IRS designation letter; (b) non-profit organization W-9; (c) charitable solicitation permit; (d) certificate of good standing; (e) articles of incorporation; (f) by-laws; (g) list of board members; (h) evidence the legislative body of the county or municipality has approved the project; and (i) project budget, including maps, drawings or renderings. |
| R357-15a-105. Tax Credit Procedure |
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Latest version.
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(1) A nonprofit corporation associated with an approved project shall submit, at minimum, submit the following upon completion of the approve project: (a) complete donor list; (b) verified project expenses on a format approved by the office. (2) Claimants shall submit, at minimum, the following documentation for reimbursement and after completion of the approved project: (a) a complete request form provided by the office; (b) receipt from the non-profit for the donation; and (c) donation documentation, which may include: (i) canceled checks; (ii) credit card statements; (iii) bank statements; and (iv) other financial instruments verifying payment had occurred. (3) The office may deny a tax credit for claimants who were the recipient of funding for an approved project. |