Section R357-13-5 - Independent Review Committee(1) The independent review committee may:(a) make recommendations to the Office regarding appropriate terms and conditions for an agreement with a qualified hotel;(b) consult with the Office regarding compliance with the; (i) conditions, contingencies and requirements related to the convention incentive: (ii) proof of new tax revenue to support an application or claim for a convention incentive; and(iii) proof of reduction of the tax credit by $1,900,000 for the first two years of the project;(c) specify the maximum dollar amount that the incentive recipient may receive for each application; and(d) review documentation to ensure that incentives are being used for the purposes set forth in Section 63N-2-513.Utah Admin. Code R357-13-5
Adopted by Utah State Bulletin Number 2016-7, effective 3/14/2016Amended by Utah State Bulletin Number 2021-23, effective 11/22/2021