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Senate advances large GOED code rewrite; sponsors cite recodification and alignment

Utah Senate · January 26, 2015

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Summary

Senate Bill 18 combines and reorganizes disparate statutory provisions related to the Governor's Office of Economic Development (GOED) — including tax credits, incentives, programs and rural development chapters — into one coherent code section; senator sponsors said the work is primarily recodification, but members asked about added planning authority and a provision referencing bond authority.

Senator Osman described SB 18 as a broad recodification and alignment of GOED-related code, consolidating material on incentives, tax credits, economic development programs, rural development, film incentives, and venture-capital enhancement into a single organized statutory chapter to improve clarity and future maintainability.

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