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House passes Rural Jobs Act aimed at drawing capital and positions to rural Utah
Summary
The House approved third substitute Senate Bill 267, a rural jobs tax‑credit program intended to channel private investment to small businesses off the Wasatch Front; sponsors estimated the bill would generate roughly $40 million in capital, while debate centered on which counties qualify and waiver rules. Vote: 63–6.
SALT LAKE CITY — The Utah House on March 7 passed third substitute Senate Bill 267, the Utah Rural Jobs Act, a targeted tax‑credit program designed to incentivize private investment and job creation in counties outside the Wasatch Front.
Sponsor Representative Wilson framed the bill as a rural economic tool, saying it mirrors a previously successful program and will help channel capital to areas that struggle to attract private investment. “This bill will generate $40,000,000…
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