Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.
State or Territory: | Utah |
Effected Jurisdiction: | Utah |
Jurisdiction type: | State or Territory |
Fiscal year ending In: | 2023 |
Program name: | Rural Investment Company |
Program purpose: | Community development |
Statutory authority: | Section 63N-4-304 of the Utah Code |
Abating jurisdiction(s): | State of Utah |
Applicable taxes: | (not specified) |
Method of abatement: | Tax Credit |
Provisions for recapture: | There are recapture provisions. |
Gross revenue loss: | $6,090,000 |
Reimbursement / offset: | $0 |
Net revenue loss: | $6,090,000 |
Type of loss: | Active |
Additional notes on dislosure: | Tax Credits issued |
Document source: | https://treasurer.utah.gov/wp-content/uploads/FY23-Annual-Comprehensive-... |