Utah § 35A-8-414 Property and funds of authority declared public property -- Exemption from taxes -- Alternative agreement with public body.

Utah Statutes

§ 35A-8-414 — Property and funds of authority declared public property -- Exemption from taxes -- Alternative agreement with public body.

Utah § 35A-8-414

Title 35AUtah Workforce Services Code

Ch. 35A-8Housing and Community Development Division

Part 35A-8-4Housing Authorities

This text of Utah § 35A-8-414 (Property and funds of authority declared public property -- Exemption from taxes -- Alternative agreement with public body.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 35A-8-414 (2026).

Text

(1)The property and funds of an authority are declared to be public property used for essential public, governmental, and charitable purposes.

(2)(2)(a) Subject to Subsections (2)(b) and (c), the property and authority are exempt from all taxes and special assessments of a public body.

(2)(b) This tax exemption does not apply to any portion of a project used for a profit-making enterprise.

(2)(c) In taxing these portions appropriate allowance shall be made for any expenditure by an authority for utilities or other public services it provides to serve the property.

(3)In lieu of taxes on its exempt property an authority may agree to make payments to a public body if the authority finds that making the payments is consistent with the maintenance of the low-rent character of housing projec

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(1) The property and funds of an authority are declared to be public property used for essential public, governmental, and charitable purposes.
(2) (2)(a) Subject to Subsections (2)(b) and (c), the property and authority are exempt from all taxes and special assessments of a public body.
(2)(b) This tax exemption does not apply to any portion of a project used for a profit-making enterprise.
(2)(c) In taxing these portions appropriate allowance shall be made for any expenditure by an authority for utilities or other public services it provides to serve the property.
(3) In lieu of taxes on its exempt property an authority may agree to make payments to a public body if the authority finds that making the payments is consistent with the maintenance of the low-rent character of housing projects and the achievement of the purposes of this part.