Utah Board Approves Tax Incentive for Lunar Resources
Utah GOED Business Development Board | State of UtahState · Salt Lake City, UT- Disclosed value
- 30% rebate in state tax paid on new state tax revenue above the baseline; new state revenue projected at $47,335,857 over 10 years
- From minutes
- Approved
- Jun 11, 2026
- Term
- Not to exceed 10 years
The 30-second brief
The Utah Governor's Office of Economic Opportunity Business Development Board approved a post-performance EDTIF refundable tax incentive for Lunar Resources, Inc. The incentive provides a 30% rebate on eligible new state tax revenue for up to 10 years, with projected new state revenue of $47,335,857.
Lunar Resources Inc holds this contract with Utah GOED Business Development Board | State of Utah.
Term as filed: Not to exceed 10 years.
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Contract details
- Amount
- 30% rebate in state tax paid on new state tax revenue above the baseline; new state revenue projected at $47,335,857 over 10 years
- Document date
- June 11, 2026
- Term
- Not to exceed 10 years
- Vendor
- Lunar Resources Inc
- Source document
- Utah GOED Business Development Board Minutes Approval of tax incentives for Lunar Resources and LS ELECTRIC Utah June 11, 2026 (Minutes)
Lunar Resources Inc's other public contracts
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Questions about this contract
Who was awarded the government contract by Utah GOED Business Development Board | State of Utah?
Lunar Resources Inc was awarded this government contract by Utah GOED Business Development Board | State of Utah, as recorded on June 11, 2026. The contract value is 30% rebate in state tax paid on new state tax revenue above the baseline; new state revenue projected at $47,335,857 over 10 years.
How much is the Lunar Resources Inc contract with Utah GOED Business Development Board | State of Utah worth?
The Lunar Resources Inc contract with Utah GOED Business Development Board | State of Utah is valued at 30% rebate in state tax paid on new state tax revenue above the baseline; new state revenue projected at $47,335,857 over 10 years.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Utah GOED Business Development Board Minutes Approval of tax incentives for Lunar Resources and LS ELECTRIC Utah June 11, 2026 (Minutes), dated June 11, 2026 from Utah GOED Business Development Board | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Lunar Resources Inc hold?
Lunar Resources Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Utah GOED Business Development Board | State of Utah currently buying?
Explore Utah GOED Business Development Board | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.