63M-1-502 - Rulemaking authority.

63M-1-502. Rulemaking authority.
In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, and forpurposes of this section, the office shall make rules:
(1) to determine what constitutes:
(a) substantial new employment;
(b) new capital development; and
(c) a project; and
(2) to establish a formula for determining the allocated cap amount for each businessapplicant.

Renumbered and Amended by Chapter 382, 2008 General Session