Title 63N, Title 63N: Economic Opportunity Act

63N-4-504. Requirements for awarding a working hubs grant. (1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office shall make rules establishing the eligibility and reporting criteria for an entity to receive a grant under this part, including:…

63N-4-801. Definitions. As used in this part: (1) "Advisory committee" means the Rural Opportunity Advisory Committee created in Section. 63N-4-804 (2) "Association of governments" means an association of political subdivisions of the state, established pursuant to an interlocal …

63N-4-802. Creation of Rural Opportunity Program -- Awarding of grants and loans -- Rulemaking -- Reporting. (1) There is created the Rural Opportunity Program. (2) The program shall be overseen by the advisory committee and administered by the office. (3) In overseeing the progr…

63N-4-803. County Economic Opportunity Advisory Board. (1) Each rural county that seeks to obtain a grant from the office under Subsection, shall create a CEO board composed of at least the following members appointed by the county legislative body: 63N-4-802(4)(a) a county repre…

63N-4-804. Rural Opportunity Advisory Committee. (1) There is created within the office the Rural Opportunity Advisory Committee. (2) The advisory committee shall be composed of seven members appointed by the executive director, at least five of whom shall reside in a rural count…

63N-4-805. Rural Opportunity Fund. (1) There is created an enterprise fund known as the "Rural Opportunity Fund". (2) The fund shall be administered by the office for the purposes described in Subsection. (5) (3) The fund consists of: money appropriated by the Legislature; donati…

63N-6-103. Definitions. As used in this chapter: (1) "Board" means the board of directors of the corporation. (2) "Corporation" means the Utah Capital Investment Corporation created under Section. 63N-6-301 (3) "Restricted account" means the Utah Capital Investment Restricted Acc…

63N-6-204. Utah Capital Investment Restricted Account. (1) There is created a restricted account within the General Fund known as the Utah Capital Investment Restricted Account. (2) The restricted account shall be funded by disbursements from the Utah fund of funds or the corpora…

63N-6-301. Utah Capital Investment Corporation -- Powers and purposes -- Reporting requirements. (1) There is created an independent quasi-public nonprofit corporation known as the Utah Capital Investment Corporation. The corporation: may exercise all powers conferred on independ…

63N-6-303. Board of directors. (1) The corporation's board of directors comprises the state treasurer and two individuals designated by the state treasurer. (2) Two members of the board are a quorum for the transaction of business. (3) Members of the board of directors: are subje…

63N-6-305. Management fee -- Additional financial assistance. (1) The corporation may charge a management fee on assets under management in the Utah fund of funds. (2) The management fee described in Subsectionmay not, in a calendar year, exceed 1% of the asset value of the Utah …

63N-6-401. Organization of Utah fund of funds. (1) The corporation shall organize, and be the sole member and manager of, the Utah fund of funds. (2) The Utah fund of funds shall hold and manage investments made by the Utah fund of funds and proceeds from those investments until …

63N-6-402. Compensation from the Utah fund of funds to the corporation -- Transfer to restricted account. (1) The corporation shall be compensated for its involvement in the Utah fund of funds through the payment of the management fee described in Section. 63N-6-305 (2) On or bef…

63N-6-404. Powers of Utah fund of funds. The Utah fund of funds may: (1) engage consultants and legal counsel; (2) expend funds; (3) enter into contracts; and (4) perform any other act necessary to carry out its purposes.

63N-6-405. Annual audits. (1) Each calendar year, an audit of the activities of the Utah fund of funds shall be made as described in this section. (2) The audit shall be conducted by: the state auditor; or an independent auditor engaged by the state auditor. An independent audito…

63N-6-410. Powers and effectiveness. (1) This chapter may not be construed as a restriction or limitation upon any power which the board might otherwise have under any other law of this state and the provisions of this chapter are cumulative to those powers. (2) This chapter shal…

63N-6-412. Exemption from certain statutes. (1) Except as otherwise provided in this part, the corporation is exempt from statutes governing state agencies, as provided in Section. 63E-2-109 (2) The corporation is exempt from:; and Title 52, Chapter 4, Open and Public Meetings Ac…

63N-7-101. Definitions. As used in this chapter: (1) "Board" means the Board of Tourism Development created in Section. 63N-7-201 (2) "Managing director" means the managing director of the Utah Office of Tourism. (3) "Sports organization" means an organization that: is exempt fro…

63N-7-102. Utah Office of Tourism created -- Appointment of managing director -- Responsibilities of tourism office. (1) There is created within GOED the Utah Office of Tourism. (2) The executive director shall appoint a managing director of the tourism office. The managing direc…

63N-7-103. Annual report. The executive director shall include, in the annual written report described in Section, a report from the managing director on the activities of the tourism office, including information regarding the economic efficiency and results of the tourism adver…

63N-7-104. Agreements with other governmental entities. The tourism office may enter into agreements with state or federal agencies to accept services, quarters, or facilities as a contribution in carrying out the duties and functions of the tourism office.

63N-7-201. Board of Tourism created -- Members -- Meetings -- Expenses. (1) There is created within the tourism office the Board of Tourism Development. (2) The board shall consist of 15 members appointed or reappointed by the governor to four-year terms with the advice and conse…

63N-7-202. Board duties. (1) The board shall: approve a tourism program of out-of-state advertising, marketing, and branding, taking into account the long-term strategic plan, economic trends, and opportunities for tourism development on a statewide basis, as a condition of the d…

63N-7-301. Tourism Marketing Performance Account. (1) There is created within the General Fund a restricted account known as the Tourism Marketing Performance Account. (2) The account shall be administered by the tourism office for the purposes listed in Subsectionsand. (6) (7) (…

63N-8-101. Title -- Purpose. (1) This chapter is known as "Motion Picture Incentives." (2) The Legislature finds that: the state's natural beauty, scenic wonders, and diverse topography provide a variety of magnificent settings from which the motion picture industry can choose to…

63N-8-102. Definitions. As used in this chapter: (1) "Digital media company" means a company engaged in the production of a digital media project. (2) "Digital media project" means all or part of a production of interactive entertainment or animated production that is produced fo…

63N-8-103. Motion Picture Incentive Account created -- Cash rebate incentives -- Refundable tax credit incentives. (1) There is created within the General Fund a restricted account known as the Motion Picture Incentive Account, which the office shall use to provide cash rebate in…

63N-8-104. Motion picture incentives -- Standards to qualify for an incentive -- Limitations -- Content of agreement between office and motion picture company or digital media company. (1) In addition to the requirements for receiving a motion picture incentive as set forth in th…

63N-8-105. Annual report -- Review by interim committee. (1) The office shall include the following information in the annual written report described in Section: 63N-1a-306 the office's success in attracting within-the-state production of television series, made-for-television m…

63N-13-101. Title -- Projects to assist companies to secure new business with federal, state, and local governments. (1) This chapter is known as "Procurement Programs." (2) The Legislature recognizes that: many Utah companies provide products and services which are routinely pro…

63N-13-301. Title. This part is known as the "Facilitating Public-Private Partnerships Act."

63N-13-302. Definitions. As used in this part: (1) "Bonding government entity" means the same as that term is defined in Section. 63C-25-101 (2) "Concessionaire contract" means the same as that term is defined in Section. 63C-25-101 (3) "Facilitator" means: the office, if the off…

63N-13-303. Contract with facilitator. (1) If the office chooses to have the functions and responsibilities described in Sectionperformed by a person other than the office, the office shall, within legislative appropriations, enter into a contract with a nonprofit entity or gover…

63N-13-304. Functions and responsibilities of facilitator. (1) A facilitator shall: be a single point of contact and information on public-private partnerships in the state for: government entities exploring the possibility of filling a public need through a public-private partne…

63N-13-305. Office oversight over contract performance of facilitator -- Office reports to Legislature. (1) The office shall monitor and oversee a facilitator's performance under a contract under Sectionto ensure that the facilitator is fulfilling the requirements of Section. 63N…

63N-13-306. Limits on application of this part -- Concessionaire contract. (1) Nothing in this part: requires a government entity to use the facilitator to explore the possibility of filling a public need through a public-private partnership; or limits the ability of a government…

63N-16-102. Definitions. As used in this chapter: (1) "Advisory committee" means the General Regulatory Sandbox Program Advisory Committee created in Section. 63N-16-104 (2) "Applicable agency" means a department or agency of the state that by law regulates a business activity an…

63N-16-103. Creation of regulatory relief office and appointment of director -- Responsibilities of regulatory relief office. (1) There is created within the Governor's Office of Economic Opportunity the Utah Office of Regulatory Relief. (2) The regulatory relief office shall be …

63N-16-104. Creation and duties of advisory committee. (1) There is created the General Regulatory Sandbox Program Advisory Committee. (2) The advisory committee shall have 9 members as follows: four members appointed by the director who represent business interests and are selec…

63N-16-105. Annual report. (1) On or before October 1 of each year, the regulatory relief office shall prepare and submit an annual written report to the governor, the Business and Labor Interim Committee, and the Economic Development and Workforce Services Interim Committee for …

63N-16-201. General Regulatory Sandbox Program -- Application requirements. (1) There is created in the regulatory relief office the General Regulatory Sandbox Program. (2) In administering the regulatory sandbox, the regulatory relief office: shall consult with each applicable a…

63N-16-202. Scope of the regulatory sandbox. (1) If the regulatory relief office approves an application under this part, the sandbox participant has 12 months after the day on which the application was approved to demonstrate the offering described in the sandbox participant's a…

63N-16-203. Consumer protection for regulatory sandbox. (1) Before demonstrating an offering to a consumer, a sandbox participant shall disclose the following to the consumer: the name and contact information of the sandbox participant; that the offering is authorized pursuant to…

63N-16-204. Requirements for exiting regulatory sandbox. (1) At least 30 days before the end of the 12-month regulatory sandbox demonstration period, a sandbox participant shall: notify the regulatory relief office that the sandbox participant will exit the regulatory sandbox and…

63N-16-205. Extensions. (1) Not later than 30 days before the end of the 12-month regulatory sandbox demonstration period, a sandbox participant may request an extension of the regulatory sandbox demonstration period. (2) The regulatory relief office shall grant or deny a request…

63N-16-206. Record keeping and reporting requirements. (1) A sandbox participant shall retain records, documents, and data produced in the ordinary course of business regarding an offering demonstrated in the regulatory sandbox. (2) If a sandbox participant ceases to provide an o…