{"data":{"id":"us-ut/utah-code-63n-2-806","jurisdiction":"us-ut","citation":"Utah Code § 63N-2-806","heading":"Criteria for tax credits.","body":"(1) A tax credit applicant shall establish as part of the application required by Section 63N-2-805 that the tax credit applicant:\n(a) meets all of the criteria to receive the tax credit for which the tax credit applicant applies, except for the requirement to obtain a tax credit certificate; and\n(b) will provide a long-term economic benefit to the state.\n(2) The office may not issue a tax credit certificate to a tax credit applicant if:\n(a) the tax credit applicant fails to meet the requirements of Subsection (1)(a); and\n(b) the life science establishment does not enter into an agreement described in Section 63N-2-808 with the office.","path":["Title 63N Economic Opportunity Act","Chapter 63N-2 Tax Credit Incentives for Economic Development","Part 63N-2-8 Technology and Life Science Economic Development Act"],"source_url":"https://le.utah.gov/xcode/Title63N/Chapter2/63N-2-S806.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"7c3c599ed29f649f6965ac8319cb617f4698ae24ff10724aa45eb69f8f8e82db","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-63n-2-805","next":"us-ut/utah-code-63n-2-807"},"notice":"GroundRules: Original legal text. Not legal advice."}