Utah Administrative Code (Current through November 1, 2019) |
R357. Governor, Economic Development |
R357-15a. Non-Profit Enterprise Zone Program |
R357-15a-105. Tax Credit Procedure
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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.