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Utah House passes HB 11 to create job-tied economic development incentives
Utah House of Representatives · February 7, 2005
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Summary
House Bill 11, creating state economic development incentives tied to new job creation in locally designated development zones, passed the House 63–4. Sponsors said benefits would be audited and rebates paid after verified job creation.
The Utah House passed House Bill 11, an economic-development package that authorizes state tax incentives tied to new job creation in partnership development zones.
Sponsor Representative D said the incentive is paid only after jobs have been produced and audited: "If they commit to produce x amount of jobs in the…
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