Changes the months examined to determine an incremental job from 24 months to 12 months under the Rural Fast Track Program.  It removes the annual $30,000 cap that a rural economic development entity may receive under the Business Expansion and Retention Initiative. 

Municipal Impact: The purpose of HB 84 is to increase the benefit for a company that creates a high paying job in rural Utah.  The smaller window for job creation could result in companies expanding in rural Utah at a faster pace.  It also removes the cap available to rural development entities, however it did not provide additional appropriations.  Rural development entities can compete for additional money, but it will be the same level of funds going into the account.