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HB 0110 - Rural Economic Development Incentives

Tracking Level: Monitor
Sponsor: Carl Albrecht
Last Action: 3/21/2019 - Governor Signed in Lieutenant Governor's office for filing
House Committee: Rules
Senate Committee: Economic Development and Workforce Services
Assigned To:
Municipal FinanceNext Bill
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Staff Analysis of the Legislation

This bill is intended to adjust last year's HB 390. It increases the cap a company can receive in post-performance incentives from 25k to 250k for moving a job to rural Utah. It also clarifies that a company can take advantage of multiple incentives when producing a job in rural Utah.



Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text