Creation of Board of Economic Opportunity

Utah Code tit. 63N, ch. 63N-1a, pt. 63N-1a-P4

in effect

Utah Code § 63N-1a-401 Creation of Board of Economic Development.

63N-1a-401. Creation of Board of Economic Development. (1) (a) There is created within the office the Board of Economic Development, consisting of nine members appointed by the executive director of the office, in consultation with the governor, to four-year terms of office with the advice and consent of the Senate in accordance with Title 63G, Chapter 24, Part 2, Vacancies. (b) The nine members described in Subsection (1)(a) shall include: (i) one member associated with the state's rural communities; (ii) one member associated with direct entrepreneurship in the state; (iii) one member associated with higher education in the state; (iv) five members, other than the members described in Subsections (1)(b)(i) through (iii), that are associated with a targeted industry; and (v) one at-large member. (c) Notwithstanding the requirements of Subsection (1)(a), the executive director shall, at the time of appointment or reappointment, adjust the length of terms to ensure that the terms of board members are staggered so that approximately half of the board is appointed every two years. (d) The members may not serve more than two full consecutive terms except when the executive director determines that an additional term is in the best interest of the state. (2) When a vacancy occurs in the membership for any reason, the replacement shall be appointed for the unexpired term in accordance with Title 63G, Chapter 24, Part 2, Vacancies. (3) A majority of board members, not including a vacancy, constitutes a quorum for conducting board business and exercising board power. (4) The executive director shall select one board member as the board's chair and one member as the board's vice chair. (5) A member may not receive compensation or benefits for the member's service, but may receive per diem and travel expenses in accordance with: (a) Section 63A-3-106; (b) Section 63A-3-107; and (c) rules made by the Division of Finance under Sections 63A-3-106 and 63A-3-107. (6) A member shall comply with the conflict of interest provisions described in Title 63G, Chapter 24, Part 3, Conflicts of Interest. Amended by Chapter 343, 2026 General Session

Utah Code § 63N-1a-402 Board of Economic Development duties and powers.

63N-1a-402. Board of Economic Development duties and powers. (1) The GOED board shall advise and assist the office to: (a) promote and encourage the economic, commercial, financial, industrial, agricultural, and civic welfare of the state; (b) promote and encourage the development, attraction, expansion, and retention of businesses, industries, and commerce in the state; (c) support the efforts of local government and regional nonprofit economic development organizations to encourage expansion or retention of businesses, industries, and commerce in the state; (d) act to enhance the state's economy; (e) develop policies, priorities, and objectives regarding the assistance, retention, or recruitment of business, industries, and commerce in the state; (f) administer programs for the assistance, retention, or recruitment of businesses, industries, and commerce in the state; (g) ensure that economic development programs are available to all areas of the state in accordance with federal and state law; (h) identify local, regional, and statewide rural economic development and planning priorities; (i) understand, through study and input, issues relating to local, regional, and statewide rural economic development, including challenges, opportunities, best practices, policy, planning, and collaboration; and (j) maintain ethical and conflict of interest standards consistent with those imposed on a public officer under Title 67, Chapter 16, Utah Public Officers' and Employees' Ethics Act. (2) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the GOED board may, in consultation with the executive director, make rules for the conduct of the GOED board's business. Amended by Chapter 343, 2026 General Session

Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title63N/Chapter1A/63N-1a-P4.html?v=C63N-1a-P4_2022050420220701Fetched: 10/26/2026