Utah
UT
Box Elder School District
School district
2019
Various tax abatements by local development agencies
General Economic Development
Utah Code 17A-2-1200; Utah Code 17C-1
Various local governments within the county
Property Tax
(not specified)
(not specified)
$3,509,577
$0
$3,509,577
(none)
13811
Utah
UT
City of West Jordan
Municipality
2019
Aligned Energy
General Economic Development
(not specified)
West Jordan
Property Tax
Tax Abatement
(not specified)
$1,926
$0
$1,926
See 2021 CAFR for company specific details
13812
Utah
UT
City of West Jordan
Municipality
2019
Bangerter Station
General Economic Development
(not specified)
West Jordan
Property Tax
Tax Abatement
(not specified)
$321,951
$0
$321,951
See 2021 CAFR for company specific details
13813
Utah
UT
City of West Jordan
Municipality
2019
PayPal
General Economic Development
(not specified)
West Jordan
Property Tax
Tax Abatement
(not specified)
See 2021 CAFR for company specific details
13814
Utah
UT
Davis County
County
2019
Tax Increment Financing (TIF)
General Economic Development
UCA 17C
Various, see 2020 CAFR
Property Tax
Tax Abatement
(not specified)
$2,498,437
$0
$2,498,437
See CAFR for agency-level breakdown
https://www.daviscountyutah.gov/clerk-auditor/tax-audit-and-finance
13815
Utah
UT
Utah
State
2019
New Markets Credit Program (NMTC)
Capital investment
Section 63N-2-603 of the Utah Code
State of Utah
(not specified)
Tax Credit
As authorized by 63N-2-604 of the Utah Code, the credit may be recaptured in the following situations: (1) If any amount of the federal Tax Credit available is recaptured; (2) If the Qualified Community Development Entity (QCDE) redeems or makes principal repayment of a qualified equity investment before the seventh anniversary of the issuance of the qualified equity investment; (3) If the QCDE fails to invest at least 85 percent of the purchase price of the qualified equity investment in qualified lowincome community investments in Utah within one year of the issuance of the qualified equity investment and fails to maintain the required investment in Utah until the last credit allowance date; and (4) If the QCDE violates the provisions of sections 63N-2-607 or 609 of the Utah Code.
$6,000,000
$0
$6,000,000
(none)
13816
Utah
UT
Utah
State
2019
Motion Picture Incentive Program
Film, TV, and/or media
Section 63N-8-104 of the Utah Code
State of Utah
(not specified)
Tax Credit
(qualification-based: no provisions for recapture)
$16,404,000
$0
$16,404,000
(none)
13817
Utah
UT
Utah
State
2019
Economic Development Tax Increment Financing (EDTIF)
General Economic Development (TIF)
Section 63N-2-1 of the Utah Code
State of Utah
(not specified)
Tax Credit
If a business entity should fail to meet its obligations or has received more EDTIF refundable Tax Credits than it is entitled to, the excess amount must be returned and any future claim for credit may be denied and/or the contract may be nullified.
$9,117,000
$0
$9,117,000
(none)
13818
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