§ 63M-1-3404. Independent review committee. (Effective 5/13/2014)  


Latest version.
  • (1) In accordance with rules adopted by the office under Section 63M-1-3408, the board shall establish a separate, independent review committee to:
    (a) review each initial tax credit application submitted under this part for compliance with the requirements of this part and the agreement; and
    (b) consult with the office, as provided in this part.
    (2) The review committee shall consist of:
    (a) one member appointed by the director to represent the office;
    (b) two members appointed by the mayor or chief executive of the county in which the qualified hotel is located or proposed to be located;
    (c) two members appointed by:
    (i) the mayor of the municipality in which the qualified hotel is located or proposed to be located, if the qualified hotel is located or proposed to be located within the boundary of a municipality; or
    (ii) the mayor or chief executive of the county in which the qualified hotel is located or proposed to be located, in addition to the two members appointed under Subsection (2)(b), if the qualified hotel is located or proposed to be located outside the boundary of a municipality;
    (d) an individual representing the hotel industry, appointed by the Utah Hotel and Lodging Association;
    (e) an individual representing the commercial development and construction industry, appointed by the president or chief executive officer of the local chamber of commerce;
    (f) an individual representing the convention and meeting planners industry, appointed by the president or chief executive officer of the local convention and visitors bureau; and
    (g) one member appointed by the board.
    (3)
    (a) A member serves an indeterminate term and may be removed from the review committee by the appointing authority at any time.
    (b) A vacancy may be filled in the same manner as an appointment under Subsection (2).
    (4) A member of the review committee may not be paid for serving on the review committee and may not receive per diem or expense reimbursement.
    (5) The office shall provide any necessary staff support to the review committee.
Enacted by Chapter 429, 2014 General Session