Utah Statutes
§ 17B-1-1405 — Use of revenue from a qualified development zone.
Utah·Title 17B Limited Purpose Local Government Entities - Special Districts·Ch. 17B-1 Provisions Applicable to All Special Districts·Part 17B-1-14 Basic Special District
(1)As used in this section:
(1)(a) "Eligible basic special district" means a basic special district:
(1)(a)(i) created before April 15, 2011; and
(1)(a)(ii) that issued limited general obligation bonds in 2024.
(1)(b) "Qualified development zone" means the same as that term is defined in Subsection 59-12-205(7)(a)(ii)(E).
(2)An eligible basic special district may receive revenue from the tax imposed under Section 59-12-205.
(3)An eligible basic special district that receives revenue as described in Subsection (2) shall use the revenue:
(3)(a) for any purpose the basic special district is authorized to perform under this chapter; and
(3)(b) (3)(b)(i) in a manner approved by the municipality where the qualified development zone is located; or
(3)(b)(ii) in a manner approved by a county, i
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Legislative History
Enacted by Chapter 490, 2025 General Session
Nearby Sections
15
§ 17B-1-1001
Provisions applicable to property tax levy.§ 17B-1-1003
Trustee reporting requirement.§ 17B-1-102
Definitions.§ 17B-1-104
Property owner provisions.§ 17B-1-104.5
Groundwater right owner provisions -- Vote.§ 17B-1-105
Name of special district -- Name change.§ 17B-1-107
Recording a release of lien.§ 17B-1-110
Compliance with nepotism requirements.§ 17B-1-1102
General obligation bonds.§ 17B-1-1103
Levy to pay for general obligation bonds.