Utah Administrative Code (Current through November 1, 2019) |
R357. Governor, Economic Development |
R357-6. Technology and Life Science Economic Development and Related Tax Credits |
R357-6-5. Available Tax Credits
Latest version.
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(1) An applicant may seek one of two types of tax credits, drawn from funds expressly set aside by the Legislature:
(a) a refundable tax credit for generating state tax revenue; or
(b) a non-refundable tax credit for investment in certain life sciences establishments.
(2) Eligibility shall be determined by:
(a) statutory requirements; and
(b) the criteria listed in R357-6-4(2).