Superseded 7/1/2026
168 words·~1 min read·
/ut/title-63n/chapter-2/7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 5/3/2023
Superseded 7/1/2026
63N-2-510. Report by office -- Posting of report.
(1)The office shall include the following information in the office's annual written report described in Section 63N-1a-306 :
(a)the state's success in attracting new conventions and corresponding new state revenue;
(b)the estimated amount of convention incentive commitments and the associated calculation made by the office and the period of time over which convention incentives are expected to be paid;
(c)the economic impact on the state related to generating new state revenue and providing convention incentives; and
(d)the estimated and actual costs and economic benefits of the convention incentive commitments that the office made.
(2)Upon the commencement of the construction of a qualified hotel, the office shall send a written notice to the Division of Finance:
(a)referring to the two annual deposits required under Subsection 59-12-103(10) ; and
(b)notifying the Division of Finance that construction on the qualified hotel has begun.
Amended by Chapter 471 , 2023 General Session