Section 63N-2-802 - DefinitionsAs used in this part:
(1) "Claimant" means the same as that term is defined in Section 59-10-1002.(2) "Eligible claimant, estate, or trust" means a claimant, estate, or trust that: (a) enters into an agreement with the office in accordance with this part to receive a tax credit certificate for a tax credit under Section 59-10-1025; and(b) receives a tax credit certificate from the office in accordance with this part.(3) "Life science establishment" means the same as that term is defined in Section 59-10-1025.(4) "Tax credit" means a tax credit under Section 59-10-1025.(5) "Tax credit applicant" means a person that applies to the office to receive a tax credit certificate under this part.(6) "Tax credit certificate" means a certificate issued by the office that: (a) lists the name of the tax credit certificate recipient;(b) lists the tax credit certificate recipient's taxpayer identification number;(c) lists the amount of the tax credit certificate recipient's tax credits authorized under this part for a taxable year; and(d) includes other information as determined by the office.(7) "Tax credit certificate recipient" means an eligible claimant, estate, or trust that receives a tax credit certificate in accordance with this part for a tax credit under Section 59-10-1025.Amended by Chapter 354, 2016 General Session ,§ 2, eff. 5/10/2016, op. 1/1/2016.Renumbered from § 63M-1-2902 and amended by Chapter 283, 2015 General Session ,§ 137, eff. 5/12/2015.Amended by Chapter 423, 2012 General Session ,§ 4, eff. 5/8/2012, op. 1/1/2012.Enacted by Chapter 306, 2011 General Session