§ 63M-1-412. Business entities qualifying for tax incentives.

Latest version.

(1)

Except as otherwise provided in Subsection (2), the tax incentives described in this part are available only to a business entity for which at least 51% of the employees employed at facilities of the business entity located in the enterprise zone are individuals who, at the time of employment, reside in:

(a)	the county in which the enterprise zone is located; or

(b)	an enterprise zone that is immediately adjacent and contiguous to the county in which the enterprise zone is located.

(2)	Subsection (1) does not apply to a business entity that has no employees.

Amended by Chapter 84, 2011 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');