Panel Advances Tax Incentive Bill

Summary


Utah could see businesses expand or move into the state under an economic development incentive bill passed out of committee Thursday.

The Workforce Services and Community and Economic Development Interim Committee backed a bill that would provide broader tax incentives for job-creating companies through expansion of an existing rebate program beyond aerospace and aviation development zones near airports.

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Panel Advances Tax Incentive Bill

Local entities would establish the economic development zones. Companies would apply through the Department of Communi...

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