Utah Statutes
§ 17C-1-607 — State Tax Commission and county assessor required to account for new growth -- County auditor notification requirements.
Utah·Title 17C Limited Purpose Local Government Entities - Community Reinvestment Agency Act·Ch. 17C-1 Agency Operations·Part 17C-1-6 Agency Annual Report, Budget, and Audit Requirements
Upon the expiration of a project area funds collection period:
(1)the State Tax Commission and the assessor of each county in which a project area is located shall count as new growth the assessed value of property with respect to which the taxing entity is receiving taxes or increased taxes for the first time; and
(2)the county auditor shall:
(2)(a) notify each taxing entity that levies or imposes a tax within the project area of the expiration of the project area funds collection period; and
(2)(b) provide each taxing entity with the calculation of new growth attributed to the project area.
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Utah § 17C-1-607 (State Tax Commission and county assessor required to account for new growth -- County auditor notification requirements.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Chapter 480, 2025 General Session
Nearby Sections
15
§ 17C-1-1001
Definitions.§ 17C-1-1004
Plan hearing -- Implementation plan -- Use of an agency's property tax revenue -- Eminent domain.§ 17C-1-101
Title.§ 17C-1-102
Definitions.§ 17C-1-102.5
Project area created on or after May 10, 2016.§ 17C-1-103
Limitations on applicability of title -- Amendment of previously adopted project area plan.§ 17C-1-104
Actions not subject to land use laws.§ 17C-1-201.1
Title.§ 17C-1-201.5
Creation of agency -- Name change.§ 17C-1-202
Agency powers.§ 17C-1-203
Agency board -- Quorum.