Media Advisory
Opportunity Zone Informational Meeting
What
On behalf of Governor Herbert, the public is invited to a Utah Opportunity Zone Informational Meeting on Aug. 20, 2018, from 1 to 3 p.m. in the Zions Bank Founders Room.
Please join Utah’s Governor’s Office of Economic Development to learn from subject matter experts including John Lettieri, co-founder and president of the Economic Innovation Group, and Jeremy Keele, former president and CEO of the Sorenson Impact Center at the University of Utah, about how elected officials and economic development directors can best promote local Opportunity Zones.
Opportunity Zones is a program established by The Tax Cuts and Jobs Act of 2017 designed to encourage long-term investment in low-income communities. The program establishes tax incentives to encourage private individuals to invest unrealized capital gains in projects located within high poverty communities. Governor Herbert designated 46 census tracts in Utah as Opportunity Zones, which the Treasury Department consequentially certified.
Where
In-Person: Zions Bank Founders Room, 1 South Main Street, 18th Floor, Salt Lake City, Utah 84101
Live video stream: Register for details @ opportunityzonemtg.eventbrite.com
When
Monday, Aug. 20, 2018 from 1 to 3 p.m.
Agenda
1:00 p.m. – Opportunity Zone fundamentals
1:30 p.m. – Maximizing Opportunity Zones
2:00 p.m. – An investor’s perspective
2:30 p.m. – Speaker Q&A
To see a video of the meeting click here.
About Utah Governor’s Office of Economic Development
Under the direction of Governor Gary Herbert, the Utah Governor’s Office of Economic Development (GOED) provides resources and support for business creation, growth and recruitment, and drives increased tourism and film production in Utah. Utilizing state resources and private sector contracts, GOED administers programs in economic clusters that demonstrate the highest potential for development. Learn more at business.utah.gov or by calling (801) 538-8680.