! The Capitol Complex is closed to the public due to COVID-19. All meetings will be held virtually online. View procedures and guidelines (PDF) for remote public comment and virtual meeting instructions (PDF).

First Substitute S.B. 180

Senator Wayne A. Harper proposes the following substitute bill:


             1     
PROPERTY TAX MODIFICATIONS

             2     
2014 GENERAL SESSION

             3     
STATE OF UTAH

             4     
Chief Sponsor: Wayne A. Harper

             5     
House Sponsor: Brad R. Wilson

             6     
             7      LONG TITLE
             8      General Description:
             9          This bill amends the Property Tax Act.
             10      Highlighted Provisions:
             11          This bill:
             12          .    amends the tax rate for the multicounty assessing and collecting levy;
             13          .    amends the allocation of revenue collected from the multicounty assessing and
             14      collecting levy;
             15          .    provides that a county shall increase its county additional property tax rate by an
             16      amount sufficient to offset the decrease to the multicounty assessing and collecting
             17      levy;
             18          .    provides for the allocation of money in the Property Tax Valuation Agency Fund;
             19          .    consolidates additional county property tax administration levies;
             20          .    amends funding of the Multicounty Appraisal Trust; and
             21          .    makes technical and conforming changes.
             22      Money Appropriated in this Bill:
             23          None
             24      Other Special Clauses:
             25          This bill has retrospective operation to January 1, 2014.


             26          This bill provides revisor instructions.
             27      Utah Code Sections Affected:
             28      AMENDS:
             29           59-2-911 , as last amended by Laws of Utah 2009, Chapter 204
             30           59-2-924 , as last amended by Laws of Utah 2012, Chapter 245
             31           59-2-924.2 , as last amended by Laws of Utah 2010, Chapter 279
             32           59-2-1601 , as last amended by Laws of Utah 2010, Chapter 131
             33           59-2-1602 , as last amended by Laws of Utah 2010, Chapter 131
             34           59-2-1603 , as last amended by Laws of Utah 2012, Chapter 240
             35           59-2-1605 , as renumbered and amended by Laws of Utah 2008, Chapter 330
             36           59-2-1606 , as last amended by Laws of Utah 2010, Chapter 131
             37           63H-1-102 , as last amended by Laws of Utah 2013, Chapter 362
             38      REPEALS:
             39           59-2-1604 , as last amended by Laws of Utah 2009, Chapter 204
             40      Utah Code Sections Affected by Revisor Instructions:
             41           59-2-924.2 , as last amended by Laws of Utah 2010, Chapter 279
             42     
             43      Be it enacted by the Legislature of the state of Utah:
             44          Section 1. Section 59-2-911 is amended to read:
             45           59-2-911. Exceptions to maximum levy limitation.
             46          (1) The maximum levies set forth in Section 59-2-908 do not apply to and do not
             47      include:
             48          (a) levies made to pay outstanding judgment debts;
             49          (b) levies made in any special improvement districts;
             50          (c) levies made for extended services in any county service area;
             51          (d) levies made for county library services;
             52          (e) levies made to be used for storm water, flood, and water quality control;
             53          (f) levies made to share disaster recovery expenses for public facilities and structures as
             54      a condition of state assistance when a Presidential Declaration has been issued under the
             55      Disaster Relief Act of 1974, 42 U.S.C. Sec. 5121;
             56          (g) levies made to pay interest and provide for a sinking fund in connection with any


             57      bonded or voter authorized indebtedness, including the bonded or voter authorized
             58      indebtedness of county service areas, special service districts, and special improvement
             59      districts;
             60          (h) levies made to fund local health departments;
             61          (i) levies made to fund public transit districts;
             62          (j) levies made to establish, maintain, and replenish special improvement guaranty
             63      funds;
             64          (k) levies made in any special service district;
             65          (l) levies made to fund municipal-type services to unincorporated areas of counties
             66      under Title 17, Chapter 34, Municipal-Type Services to Unincorporated Areas;
             67          (m) levies made to fund the purchase of paramedic or ambulance facilities and
             68      equipment and to defray administration, personnel, and other costs of providing emergency
             69      medical and paramedic services, but this exception only applies to those counties in which a
             70      resolution setting forth the intention to make those levies has been duly adopted by the county
             71      legislative body and approved by a majority of the voters of the county voting at a special or
             72      general election;
             73          [(n) levies made to pay for the costs of state legislative mandates or judicial or
             74      administrative orders under Section 59-2-1604 ;]
             75          [(o)] (n) the multicounty and county assessing and collecting levies [made to promote
             76      accurate property valuations, uniform assessment levels, and the efficient administration of the
             77      property tax system] under Section 59-2-1602 ; and
             78          [(p)] (o) all other exceptions to the maximum levy limitation pursuant to statute.
             79          (2) (a) Upon the retirement of bonds issued for the development of a convention
             80      complex described in Section 17-12-4 , and notwithstanding Section 59-2-908 , any county of
             81      the first class may continue to impose a property tax levy equivalent to the average property tax
             82      levy previously imposed to pay debt service on those retired bonds.
             83          (b) Notwithstanding that the imposition of the levy described in Subsection (2)(a) may
             84      not result in an increased amount of ad valorem tax revenue, the levy is subject to the notice
             85      requirements of Section 59-2-919 .
             86          (c) The revenues from this continued levy shall be used only for the funding of
             87      convention facilities as defined in Section 59-12-602 .


             88          Section 2. Section 59-2-924 is amended to read:
             89           59-2-924. Report of valuation of property to county auditor and commission --
             90      Transmittal by auditor to governing bodies -- Certified tax rate -- Calculation of certified
             91      tax rate -- Rulemaking authority -- Adoption of tentative budget.
             92          (1) Before June 1 of each year, the county assessor of each county shall deliver to the
             93      county auditor and the commission the following statements:
             94          (a) a statement containing the aggregate valuation of all taxable real property assessed
             95      by a county assessor in accordance with Part 3, County Assessment, for each taxing entity; and
             96          (b) a statement containing the taxable value of all personal property assessed by a
             97      county assessor in accordance with Part 3, County Assessment, from the prior year end values.
             98          (2) The county auditor shall, on or before June 8, transmit to the governing body of
             99      each taxing entity:
             100          (a) the statements described in Subsections (1)(a) and (b);
             101          (b) an estimate of the revenue from personal property;
             102          (c) the certified tax rate; and
             103          (d) all forms necessary to submit a tax levy request.
             104          (3) (a) The "certified tax rate" means a tax rate that will provide the same ad valorem
             105      property tax revenues for a taxing entity as were budgeted by that taxing entity for the prior
             106      year.
             107          (b) For purposes of this Subsection (3):
             108          (i) "Ad valorem property tax revenues" do not include:
             109          (A) interest;
             110          (B) penalties; and
             111          (C) revenue received by a taxing entity from personal property that is:
             112          (I) assessed by a county assessor in accordance with Part 3, County Assessment; and
             113          (II) semiconductor manufacturing equipment.
             114          (ii) "Aggregate taxable value of all property taxed" means:
             115          (A) the aggregate taxable value of all real property assessed by a county assessor in
             116      accordance with Part 3, County Assessment, for the current year;
             117          (B) the aggregate taxable year end value of all personal property assessed by a county
             118      assessor in accordance with Part 3, County Assessment, for the prior year; and


             119          (C) the aggregate taxable value of all real and personal property assessed by the
             120      commission in accordance with Part 2, Assessment of Property, for the current year.
             121          (c) (i) Except as otherwise provided in this section, the certified tax rate shall be
             122      calculated by dividing the ad valorem property tax revenues budgeted for the prior year by the
             123      taxing entity by the amount calculated under Subsection (3)(c)(ii).
             124          (ii) For purposes of Subsection (3)(c)(i), the legislative body of a taxing entity shall
             125      calculate an amount as follows:
             126          (A) calculate for the taxing entity the difference between:
             127          (I) the aggregate taxable value of all property taxed; and
             128          (II) any redevelopment adjustments for the current calendar year;
             129          (B) after making the calculation required by Subsection (3)(c)(ii)(A), calculate an
             130      amount determined by increasing or decreasing the amount calculated under Subsection
             131      (3)(c)(ii)(A) by the average of the percentage net change in the value of taxable property for the
             132      equalization period for the three calendar years immediately preceding the current calendar
             133      year;
             134          (C) after making the calculation required by Subsection (3)(c)(ii)(B), calculate the
             135      product of:
             136          (I) the amount calculated under Subsection (3)(c)(ii)(B); and
             137          (II) the percentage of property taxes collected for the five calendar years immediately
             138      preceding the current calendar year; and
             139          (D) after making the calculation required by Subsection (3)(c)(ii)(C), calculate an
             140      amount determined by subtracting from the amount calculated under Subsection (3)(c)(ii)(C)
             141      any new growth as defined in this section:
             142          (I) within the taxing entity; and
             143          (II) for the following calendar year:
             144          (Aa) for new growth from real property assessed by a county assessor in accordance
             145      with Part 3, County Assessment and all property assessed by the commission in accordance
             146      with Section 59-2-201 , the current calendar year; and
             147          (Bb) for new growth from personal property assessed by a county assessor in
             148      accordance with Part 3, County Assessment, the prior calendar year.
             149          (iii) For purposes of Subsection (3)(c)(ii)(A), the aggregate taxable value of all


             150      property taxed:
             151          (A) except as provided in Subsection (3)(c)(iii)(B) or (3)(c)(ii)(C), is as defined in
             152      Subsection (3)(b)(ii);
             153          (B) does not include the total taxable value of personal property contained on the tax
             154      rolls of the taxing entity that is:
             155          (I) assessed by a county assessor in accordance with Part 3, County Assessment; and
             156          (II) semiconductor manufacturing equipment; and
             157          (C) for personal property assessed by a county assessor in accordance with Part 3,
             158      County Assessment, the taxable value of personal property is the year end value of the personal
             159      property contained on the prior year's tax rolls of the entity.
             160          (iv) For purposes of Subsection (3)(c)(ii)(B), for calendar years beginning on or after
             161      January 1, 2007, the value of taxable property does not include the value of personal property
             162      that is:
             163          (A) within the taxing entity assessed by a county assessor in accordance with Part 3,
             164      County Assessment; and
             165          (B) semiconductor manufacturing equipment.
             166          (v) For purposes of Subsection (3)(c)(ii)(C)(II), for calendar years beginning on or after
             167      January 1, 2007, the percentage of property taxes collected does not include property taxes
             168      collected from personal property that is:
             169          (A) within the taxing entity assessed by a county assessor in accordance with Part 3,
             170      County Assessment; and
             171          (B) semiconductor manufacturing equipment.
             172          (vi) For purposes of Subsection (3)(c)(ii)(B), for calendar years beginning on or after
             173      January 1, 2009, the value of taxable property does not include the value of personal property
             174      that is within the taxing entity assessed by a county assessor in accordance with Part 3, County
             175      Assessment.
             176          (vii) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,
             177      the commission may prescribe rules for calculating redevelopment adjustments for a calendar
             178      year.
             179          (viii) (A) Except as provided in Subsections (3)(c)(ix) and (x), for purposes of
             180      Subsection (3)(c)(i), a taxing entity's ad valorem property tax revenues budgeted for the prior


             181      year shall be decreased by an amount of revenue equal to the five-year average of the most
             182      recent prior five years of redemptions adjusted by the five-year average redemption calculated
             183      for the prior year as reported on the county treasurer's final annual settlement required under
             184      Subsection 59-2-1365 (2).
             185          (B) A decrease under Subsection (3)(c)(viii)(A) does not apply to the multicounty
             186      assessing and collecting levy authorized in Subsection 59-2-1602 (2)(a), the certified revenue
             187      levy, or the minimum basic tax rate established in Section 53A-17a-135 .
             188          (ix) As used in Subsection (3)(c)(x):
             189          (A) "One-fourth of qualifying redemptions excess amount" means a qualifying
             190      redemptions excess amount divided by four.
             191          (B) "Qualifying redemptions" means that, for a calendar year, a taxing entity's total
             192      amount of redemptions is greater than three times the five-year average of the most recent prior
             193      five years of redemptions calculated for the prior year under Subsection (3)(c)(viii)(A).
             194          (C) "Qualifying redemptions base amount" means an amount equal to three times the
             195      five-year average of the most recent prior five years of redemptions for a taxing entity, as
             196      reported on the county treasurer's final annual settlement required under Subsection
             197      59-2-1365 (2).
             198          (D) "Qualifying redemptions excess amount" means the amount by which a taxing
             199      entity's qualifying redemptions for a calendar year exceed the qualifying redemptions base
             200      amount for that calendar year.
             201          (x) (A) If, for a calendar year, a taxing entity has qualifying redemptions, the
             202      redemption amount for purposes of calculating the five-year redemption average required by
             203      Subsection (3)(c)(viii)(A) is as provided in Subsections (3)(c)(x)(B) and (C).
             204          (B) For the initial calendar year a taxing entity has qualifying redemptions, the taxing
             205      entity's redemption amount for that calendar year is the qualifying redemptions base amount.
             206          (C) For each of the four calendar years after the calendar year described in Subsection
             207      (3)(c)(x)(B), one-fourth of the qualifying redemptions excess amount shall be added to the
             208      redemption amount.
             209          (d) (i) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act,
             210      the commission shall make rules determining the calculation of ad valorem property tax
             211      revenues budgeted by a taxing entity.


             212          (ii) For purposes of Subsection (3)(d)(i), ad valorem property tax revenues budgeted by
             213      a taxing entity shall be calculated in the same manner as budgeted property tax revenues are
             214      calculated for purposes of Section 59-2-913 .
             215          (e) The certified tax rates for the taxing entities described in this Subsection (3)(e) shall
             216      be calculated as follows:
             217          (i) except as provided in Subsection (3)(e)(ii), for new taxing entities the certified tax
             218      rate is zero;
             219          (ii) for each municipality incorporated on or after July 1, 1996, the certified tax rate is:
             220          (A) in a county of the first, second, or third class, the levy imposed for municipal-type
             221      services under Sections 17-34-1 and 17-36-9 ; and
             222          (B) in a county of the fourth, fifth, or sixth class, the levy imposed for general county
             223      purposes and such other levies imposed solely for the municipal-type services identified in
             224      Section 17-34-1 and Subsection 17-36-3 (22); and
             225          (iii) for debt service voted on by the public, the certified tax rate shall be the actual
             226      levy imposed by that section, except that the certified tax rates for the following levies shall be
             227      calculated in accordance with Section 59-2-913 and this section:
             228          (A) school levies provided for under Sections 53A-16-113 , 53A-17a-133 , and
             229      53A-17a-164 ; and
             230          (B) levies to pay for the costs of state legislative mandates or judicial or administrative
             231      orders under Section [ 59-2-1604 ] 59-2-1602 .
             232          (f) (i) A judgment levy imposed under Section 59-2-1328 or 59-2-1330 shall be
             233      established at that rate which is sufficient to generate only the revenue required to satisfy one
             234      or more eligible judgments, as defined in Section 59-2-102 .
             235          (ii) The ad valorem property tax revenue generated by the judgment levy shall not be
             236      considered in establishing the taxing entity's aggregate certified tax rate.
             237          (g) The ad valorem property tax revenue generated by the capital local levy described
             238      in Section 53A-16-113 within a taxing entity in a county of the first class:
             239          (i) may not be considered in establishing the school district's aggregate certified tax
             240      rate; and
             241          (ii) shall be included by the commission in establishing a certified tax rate for that
             242      capital outlay levy determined in accordance with the calculation described in Subsection


             243      59-2-913 (3).
             244          (4) (a) For the purpose of calculating the certified tax rate, the county auditor shall use:
             245          (i) the taxable value of real property assessed by a county assessor contained on the
             246      assessment roll;
             247          (ii) the taxable value of real and personal property assessed by the commission; and
             248          (iii) the taxable year end value of personal property assessed by a county assessor
             249      contained on the prior year's assessment roll.
             250          (b) For purposes of Subsection (4)(a)(i), the taxable value of real property on the
             251      assessment roll does not include new growth as defined in Subsection (4)(c).
             252          (c) "New growth" means:
             253          (i) the difference between the increase in taxable value of the following property of the
             254      taxing entity from the previous calendar year to the current year:
             255          (A) real property assessed by a county assessor in accordance with Part 3, County
             256      Assessment; and
             257          (B) property assessed by the commission under Section 59-2-201 ; plus
             258          (ii) the difference between the increase in taxable year end value of personal property
             259      of the taxing entity from the year prior to the previous calendar year to the previous calendar
             260      year; minus
             261          (iii) the amount of an increase in taxable value described in Subsection (4)(e).
             262          (d) For purposes of Subsection (4)(c)(ii), the taxable value of personal property of the
             263      taxing entity does not include the taxable value of personal property that is:
             264          (i) contained on the tax rolls of the taxing entity if that property is assessed by a county
             265      assessor in accordance with Part 3, County Assessment; and
             266          (ii) semiconductor manufacturing equipment.
             267          (e) Subsection (4)(c)(iii) applies to the following increases in taxable value:
             268          (i) the amount of increase to locally assessed real property taxable values resulting
             269      from factoring, reappraisal, or any other adjustments; or
             270          (ii) the amount of an increase in the taxable value of property assessed by the
             271      commission under Section 59-2-201 resulting from a change in the method of apportioning the
             272      taxable value prescribed by:
             273          (A) the Legislature;


             274          (B) a court;
             275          (C) the commission in an administrative rule; or
             276          (D) the commission in an administrative order.
             277          (f) For purposes of Subsection (4)(a)(ii), the taxable year end value of personal
             278      property on the prior year's assessment roll does not include:
             279          (i) new growth as defined in Subsection (4)(c); or
             280          (ii) the total taxable year end value of personal property contained on the prior year's
             281      tax rolls of the taxing entity that is:
             282          (A) assessed by a county assessor in accordance with Part 3, County Assessment; and
             283          (B) semiconductor manufacturing equipment.
             284          (5) (a) On or before June 22, each taxing entity shall annually adopt a tentative budget.
             285          (b) If the taxing entity intends to exceed the certified tax rate, it shall notify the county
             286      auditor of:
             287          (i) its intent to exceed the certified tax rate; and
             288          (ii) the amount by which it proposes to exceed the certified tax rate.
             289          (c) The county auditor shall notify property owners of any intent to levy a tax rate that
             290      exceeds the certified tax rate in accordance with Sections 59-2-919 and 59-2-919.1 .
             291          Section 3. Section 59-2-924.2 is amended to read:
             292           59-2-924.2. Adjustments to the calculation of a taxing entity's certified tax rate.
             293          (1) For purposes of this section, "certified tax rate" means a certified tax rate calculated
             294      in accordance with Section 59-2-924 .
             295          (2) Beginning January 1, 1997, if a taxing entity receives increased revenues from
             296      uniform fees on tangible personal property under Section 59-2-404 , 59-2-405 , 59-2-405.1 ,
             297      59-2-405.2 , or 59-2-405.3 as a result of any county imposing a sales and use tax under Chapter
             298      12, Part 11, County Option Sales and Use Tax, the taxing entity shall decrease its certified tax
             299      rate to offset the increased revenues.
             300          (3) (a) Beginning July 1, 1997, if a county has imposed a sales and use tax under
             301      Chapter 12, Part 11, County Option Sales and Use Tax, the county's certified tax rate shall be:
             302          (i) decreased on a one-time basis by the amount of the estimated sales and use tax
             303      revenue to be distributed to the county under Subsection 59-12-1102 (3); and
             304          (ii) increased by the amount necessary to offset the county's reduction in revenue from


             305      uniform fees on tangible personal property under Section 59-2-404 , 59-2-405 , 59-2-405.1 ,
             306      59-2-405.2 , or 59-2-405.3 as a result of the decrease in the certified tax rate under Subsection
             307      (3)(a)(i).
             308          (b) The commission shall determine estimates of sales and use tax distributions for
             309      purposes of Subsection (3)(a).
             310          (4) Beginning January 1, 1998, if a municipality has imposed an additional resort
             311      communities sales and use tax under Section 59-12-402 , the municipality's certified tax rate
             312      shall be decreased on a one-time basis by the amount necessary to offset the first 12 months of
             313      estimated revenue from the additional resort communities sales and use tax imposed under
             314      Section 59-12-402 .
             315          (5) (a) This Subsection (5) applies to each county that:
             316          (i) establishes a countywide special service district under Title 17D, Chapter 1, Special
             317      Service District Act, to provide jail service, as provided in Subsection 17D-1-201 (10); and
             318          (ii) levies a property tax on behalf of the special service district under Section
             319      17D-1-105 .
             320          (b) (i) The certified tax rate of each county to which this Subsection (5) applies shall be
             321      decreased by the amount necessary to reduce county revenues by the same amount of revenues
             322      that will be generated by the property tax imposed on behalf of the special service district.
             323          (ii) Each decrease under Subsection (5)(b)(i) shall occur contemporaneously with the
             324      levy on behalf of the special service district under Section 17D-1-105 .
             325          (6) (a) As used in this Subsection (6):
             326          (i) "Annexing county" means a county whose unincorporated area is included within a
             327      public safety district by annexation.
             328          (ii) "Annexing municipality" means a municipality whose area is included within a
             329      public safety district by annexation.
             330          (iii) "Equalized public safety protection tax rate" means the tax rate that results from:
             331          (A) calculating, for each participating county and each participating municipality, the
             332      property tax revenue necessary:
             333          (I) in the case of a fire district, to cover all of the costs associated with providing fire
             334      protection, paramedic, and emergency services:
             335          (Aa) for a participating county, in the unincorporated area of the county; and


             336          (Bb) for a participating municipality, in the municipality; or
             337          (II) in the case of a police district, to cover all the costs:
             338          (Aa) associated with providing law enforcement service:
             339          (Ii) for a participating county, in the unincorporated area of the county; and
             340          (IIii) for a participating municipality, in the municipality; and
             341          (Bb) that the police district board designates as the costs to be funded by a property
             342      tax; and
             343          (B) adding all the amounts calculated under Subsection (6)(a)(iii)(A) for all
             344      participating counties and all participating municipalities and then dividing that sum by the
             345      aggregate taxable value of the property, as adjusted in accordance with Section 59-2-913 :
             346          (I) for participating counties, in the unincorporated area of all participating counties;
             347      and
             348          (II) for participating municipalities, in all the participating municipalities.
             349          (iv) "Fire district" means a service area under Title 17B, Chapter 2a, Part 9, Service
             350      Area Act:
             351          (A) created to provide fire protection, paramedic, and emergency services; and
             352          (B) in the creation of which an election was not required under Subsection
             353      17B-1-214 (3)(c).
             354          (v) "Participating county" means a county whose unincorporated area is included
             355      within a public safety district at the time of the creation of the public safety district.
             356          (vi) "Participating municipality" means a municipality whose area is included within a
             357      public safety district at the time of the creation of the public safety district.
             358          (vii) "Police district" means a service area under Title 17B, Chapter 2a, Part 9, Service
             359      Area Act, within a county of the first class:
             360          (A) created to provide law enforcement service; and
             361          (B) in the creation of which an election was not required under Subsection
             362      17B-1-214 (3)(c).
             363          (viii) "Public safety district" means a fire district or a police district.
             364          (ix) "Public safety service" means:
             365          (A) in the case of a public safety district that is a fire district, fire protection,
             366      paramedic, and emergency services; and


             367          (B) in the case of a public safety district that is a police district, law enforcement
             368      service.
             369          (b) In the first year following creation of a public safety district, the certified tax rate of
             370      each participating county and each participating municipality shall be decreased by the amount
             371      of the equalized public safety tax rate.
             372          (c) In the first budget year following annexation to a public safety district, the certified
             373      tax rate of each annexing county and each annexing municipality shall be decreased by an
             374      amount equal to the amount of revenue budgeted by the annexing county or annexing
             375      municipality:
             376          (i) for public safety service; and
             377          (ii) in:
             378          (A) for a taxing entity operating under a January 1 through December 31 fiscal year,
             379      the prior calendar year; or
             380          (B) for a taxing entity operating under a July 1 through June 30 fiscal year, the prior
             381      fiscal year.
             382          (d) Each tax levied under this section by a public safety district shall be considered to
             383      be levied by:
             384          (i) each participating county and each annexing county for purposes of the county's tax
             385      limitation under Section 59-2-908 ; and
             386          (ii) each participating municipality and each annexing municipality for purposes of the
             387      municipality's tax limitation under Section 10-5-112 , for a town, or Section 10-6-133 , for a
             388      city.
             389          (e) The calculation of a public safety district's certified tax rate for the year of
             390      annexation shall be adjusted to include an amount of revenue equal to one half of the amount
             391      of revenue budgeted by the annexing entity for public safety service in the annexing entity's
             392      prior fiscal year if:
             393          (i) the public safety district operates on a January 1 through December 31 fiscal year;
             394          (ii) the public safety district approves an annexation of an entity operating on a July 1
             395      through June 30 fiscal year; and
             396          (iii) the annexation described in Subsection (6)(e)(ii) takes effect on July 1.
             397          (7) For the calendar year beginning on January 1, 2007, the calculation of a taxing


             398      entity's certified tax rate, calculated in accordance with Section 59-2-924 , shall be adjusted by
             399      the amount necessary to offset any change in the certified tax rate that may result from
             400      excluding the following from the certified tax rate under Subsection 59-2-924 (3) enacted by the
             401      Legislature during the 2007 General Session:
             402          (a) personal property tax revenue:
             403          (i) received by a taxing entity;
             404          (ii) assessed by a county assessor in accordance with Part 3, County Assessment; and
             405          (iii) for personal property that is semiconductor manufacturing equipment; or
             406          (b) the taxable value of personal property:
             407          (i) contained on the tax rolls of a taxing entity;
             408          (ii) assessed by a county assessor in accordance with Part 3, County Assessment; and
             409          (iii) that is semiconductor manufacturing equipment.
             410          (8) (a) The taxable value for the base year under Subsection 17C-1-102 (6) shall be
             411      reduced for any year to the extent necessary to provide a community development and renewal
             412      agency established under Title 17C, Limited Purpose Local Government Entities - Community
             413      Development and Renewal Agencies Act, with approximately the same amount of money the
             414      agency would have received without a reduction in the county's certified tax rate, calculated in
             415      accordance with Section 59-2-924 , if:
             416          (i) in that year there is a decrease in the certified tax rate under Subsection (2) or (3)(a);
             417          (ii) the amount of the decrease is more than 20% of the county's certified tax rate of the
             418      previous year; and
             419          (iii) the decrease results in a reduction of the amount to be paid to the agency under
             420      Section 17C-1-403 or 17C-1-404 .
             421          (b) The base taxable value under Subsection 17C-1-102 (6) shall be increased in any
             422      year to the extent necessary to provide a community development and renewal agency with
             423      approximately the same amount of money as the agency would have received without an
             424      increase in the certified tax rate that year if:
             425          (i) in that year the base taxable value under Subsection 17C-1-102 (6) is reduced due to
             426      a decrease in the certified tax rate under Subsection (2) or (3)(a); and
             427          (ii) the certified tax rate of a city, school district, local district, or special service
             428      district increases independent of the adjustment to the taxable value of the base year.


             429          (c) Notwithstanding a decrease in the certified tax rate under Subsection (2) or (3)(a),
             430      the amount of money allocated and, when collected, paid each year to a community
             431      development and renewal agency established under Title 17C, Limited Purpose Local
             432      Government Entities - Community Development and Renewal Agencies Act, for the payment
             433      of bonds or other contract indebtedness, but not for administrative costs, may not be less than
             434      that amount would have been without a decrease in the certified tax rate under Subsection (2)
             435      or (3)(a).
             436          (9) (a) For the calendar year beginning on January 1, 2014, the calculation of a county
             437      assessing and collecting levy shall be adjusted by the amount necessary to offset:
             438          (i) any change in the certified tax rate that may result from amendments to Part 16,
             439      Multicounty Assessing and Collecting Levy, in this bill; and
             440          (ii) the difference in the amount of revenue a taxing entity receives from or contributes
             441      to the Property Tax Valuation Agency Fund, created in Section 59-2-1602 , that may result from
             442      amendments to Part 16, Multicounty Assessing and Collecting Levy, in this bill.
             443          (b) A taxing entity is not required to comply with the notice and public hearing
             444      requirements in Section 59-2-919 for an adjustment to the county assessing and collecting levy
             445      described in Subsection (9)(a).
             446          Section 4. Section 59-2-1601 is amended to read:
             447           59-2-1601. Definitions.
             448          As used in this part:
             449          [(1) "Contributing county" means a county that:]
             450          [(a) retains less revenue from the imposition of the multicounty assessing and
             451      collecting levy within the county pursuant to Section 59-2-1603 than it collects; and]
             452          [(b) transmits a portion of the revenue collected from the imposition of the multicounty
             453      assessing and collecting levy to the Property Tax Valuation Agency Fund pursuant to Section
             454      59-2-1603 .]
             455          [(2) "Contributing county surplus revenue" means an amount equal to the difference
             456      between the following:]
             457          [(a) the revenue collected by a county from imposing the multicounty assessing and
             458      collecting levy during a calendar year; and]
             459          [(b) the county's multicounty assessing and collecting allocation as calculated in


             460      accordance with Subsection 59-2-1603 (3).]
             461          [(3)] (1) "County additional property tax" means the property tax levy described in
             462      Subsection 59-2-1602 (4).
             463          [(4)] (2) "Fund" means the Property Tax Valuation Agency Fund created in Section
             464      59-2-1602 .
             465          [(5) "Maximum county contribution" means an amount equal to the following:]
             466          [(a) for a county of the first class, $300,000;]
             467          [(b) for a county of the second class, $100,000;]
             468          [(c) for a county of the third class, $100,000;]
             469          [(d) for a county of the fourth class, $50,000; and]
             470          [(e) for a county of the fifth or sixth class, $0.]
             471          [(6) "Minimum county contribution" means an amount equal to the following:]
             472          [(a) for a county of the first class, $300,000; and]
             473          [(b) for a county of the second or third class, $0.]
             474          [(7) "Multicounty assessing and collecting allocation" means the revenue to which a
             475      county is entitled from the statewide imposition of the multicounty assessing and collecting
             476      levy, as determined in accordance with the calculation described in Subsection 59-2-1603 (3).]
             477          (3) "Multicounty Appraisal Trust" means the Multicounty Appraisal Trust created by
             478      an agreement:
             479          (a) entered into by all of the counties in the state; and
             480          (b) authorized by Title 11, Chapter 13, Interlocal Cooperation Act.
             481          [(8)] (4) "Multicounty assessing and collecting levy" means a property tax [rate not to
             482      exceed .0002 per dollar of taxable value] levied in accordance with [Section] Subsection
             483      59-2-1602 (2).
             484          [(9) (a) "Parcel" means an identifiable contiguous unit of real property that is treated as
             485      separate for valuation or zoning purposes and includes any improvements on that unit of real
             486      property.]
             487          [(b) "Parcel" or "other parcel" does not include an item of personal property.]
             488          [(10) "Receiving county" means a county that:]
             489          [(a) receives a disbursement from the Property Tax Valuation Agency Fund in
             490      accordance with Section 59-2-1603 ; and]


             491          [(b) levies a county additional property tax of at least .0003 per dollar of taxable value
             492      in accordance with Subsection 59-2-1602 (4).]
             493          Section 5. Section 59-2-1602 is amended to read:
             494           59-2-1602. Property Tax Valuation Agency Fund -- Creation -- Statewide levy --
             495      Additional county levy.
             496          (1) (a) There is created [the] an agency fund known as the "Property Tax Valuation
             497      Agency Fund[,]." [to be funded by the revenue collected from the multicounty assessing and
             498      collecting levy as provided in Subsection (3)(c) and Section 59-2-1603 .]
             499          [(b) The purpose of the multicounty assessing and collecting levy required under
             500      Subsection (2) and the disbursement formulas established in Section 59-2-1603 is to promote
             501      the:]
             502          [(i) accurate valuation of property;]
             503          [(ii) establishment and maintenance of uniform assessment levels within and among
             504      counties; and]
             505          [(iii) efficient administration of the property tax system, including the costs of
             506      assessment, collection, and distribution of property taxes.]
             507          [(c) Income derived from the investment of money in the fund created in this
             508      Subsection (1) shall be deposited in and become part of the fund.]
             509          (b) The fund consists of:
             510          (i) deposits made and penalties received under Subsection (3); and
             511          (ii) interest on money deposited into the fund.
             512          (c) Deposits, penalties, and interest described in Subsection (1)(b) shall be disbursed
             513      and used as provided in Section 59-2-1603 .
             514          (2) (a) [Annually, each] Each county shall annually impose a multicounty assessing and
             515      collecting levy [not to exceed .0002 per dollar of taxable value as authorized by the Legislature
             516      as provided in Subsection (2)(b)] as provided in this Subsection (2).
             517          (b) [Subject to Subsections (2)(c), (2)(d), and (5), in order to fund the Property Tax
             518      Valuation Agency Fund, the Legislature shall authorize the amount of the] The tax rate of the
             519      multicounty assessing and collecting levy[.] is:
             520          (i) for the calendar year beginning on January 1, 2014, .000013; and
             521          (ii) for a calendar year beginning on or after January 1, 2015, the certified revenue levy.


             522          (c) [Except as provided in Subsection (2)(d)(i), the] The multicounty assessing and
             523      collecting levy may not exceed the certified revenue levy as defined in Section 59-2-102 ,
             524      unless:
             525          (i) the Legislature authorizes a multicounty assessing and collecting levy that exceeds
             526      the certified revenue levy; and
             527          (ii) the state complies with the notice requirements of Section 59-2-926 .
             528          [(d) (i) For a calendar year beginning on or after January 1, 2010, the multicounty
             529      assessing and collecting levy for a county of the first class is adjusted to be the same rate as for
             530      a county of the second, third, fourth, fifth, or sixth class.]
             531          [(ii) The notice requirements of Section 59-2-926 do not apply to the rate adjustment
             532      under Subsection (2)(d)(i).]
             533          (d) Revenue collected from the multicounty assessing and collecting levy shall be
             534      allocated as follows:
             535          (i) 82% of the revenue collected shall be deposited into the Multicounty Appraisal
             536      Trust; and
             537          (ii) 18% of the revenue collected shall be deposited into the Property Tax Valuation
             538      Agency Fund.
             539          (3) (a) The multicounty assessing and collecting levy [authorized by the Legislature]
             540      imposed under Subsection (2) shall be separately stated on the tax notice as a multicounty
             541      assessing and collecting levy.
             542          (b) The multicounty assessing and collecting levy [authorized by the Legislature under
             543      Subsection (2)] is:
             544          (i) exempt from [the provisions of] Sections 17C-1-403 [and 17C-1-404 ] through
             545      17C-1-406 ;
             546          (ii) in addition to and exempt from the maximum levies allowable under Section
             547      59-2-908 ; and
             548          (iii) exempt from the notice and public hearing requirements of Section 59-2-919 .
             549          (c) (i) Each [contributing] county shall transmit quarterly to the state treasurer the
             550      [portion of the] revenue collected from the multicounty assessing and collecting levy [which is
             551      above the amount to which that county is entitled to under Section 59-2-1603 ].
             552          (ii) The revenue transmitted under Subsection (3)(c)(i) shall be transmitted no later


             553      than the tenth day of the month following the end of the quarter in which the revenue is
             554      collected.
             555          (iii) If revenue transmitted under Subsection (3)(c)(i) is transmitted after the tenth day
             556      of the month following the end of the quarter in which the revenue is collected, the county shall
             557      pay an interest penalty at the rate of 10% each year until the revenue is transmitted.
             558          [(iv) Each contributing county that transmits to the state treasurer a portion of the
             559      multicounty assessing and collecting levy in accordance with Subsection (3)(c)(i) shall levy
             560      sufficient property taxes to fund its county assessing and collecting budgets.]
             561          (d) The state treasurer shall [deposit in the fund the:] allocate the penalties received
             562      under this Subsection (3) in the same manner as revenue is allocated under Subsection (2)(d).
             563          [(i) revenue transmitted to the fund by contributing counties;]
             564          [(ii) interest accrued from that levy; and]
             565          [(iii) penalties received under Subsection (3)(c)(iii).]
             566          (4) (a) A county may levy a county additional property tax in accordance with this
             567      Subsection (4).
             568          [(b) A receiving county may not receive funds from the Property Tax Valuation
             569      Agency Fund unless the receiving county levies a county additional property tax of at least
             570      .0003 per dollar of taxable value of taxable property as reported by each county.]
             571          [(c)] (b) The county additional property tax [described in Subsection (4)(a) shall be
             572      levied by the county and]:
             573          (i) shall be separately stated on the tax notice as a county assessing and collecting
             574      levy[.];
             575          [(d) The purpose of the county additional property tax established in this Subsection
             576      (4) is to promote the:]
             577          [(i) accurate valuation of property;]
             578          [(ii) establishment and maintenance of uniform assessment levels within and among
             579      counties; and]
             580          [(iii) efficient administration of the property tax system, including the costs of
             581      assessment, collection, and distribution of property taxes.]
             582          [(e) A county additional property tax levy established in Subsection (4)(a) is:]
             583          [(i) exempt from the provisions of Sections 17C-1-403 and 17C-1-404 ;]


             584          [(ii) in addition to and exempt from the maximum levies allowable under Section
             585      59-2-908 ; and]
             586          [(iii) beginning on January 1, 2009:]
             587          [(A) for a county that was designated as a receiving county by the state auditor during
             588      the prior calendar year, subject to the notice and public hearing provisions of Section 59-2-919
             589      only if the county additional property tax levied by that county levy is raised to a rate in excess
             590      of .0003; and]
             591          [(B) except as provided in Subsection (4)(f), for a county that was designated as a
             592      contributing county by the state auditor during the prior calendar year, subject to the notice and
             593      public hearing provisions of Section 59-2-919 .]
             594          [(f) A county additional property tax levy in a county that was not a receiving county
             595      during the prior year shall be subject to the notice and public hearing provisions described in
             596      Subsection (4)(e)(iii)(A) if the county would have been designated as a receiving county during
             597      the prior calendar year if the county had levied a county additional property tax of at least .0003
             598      per dollar of taxable value.]
             599          [(5) Subject to Subsection (6), for calendar years beginning on or after January 1, 2007,
             600      the amount of the multicounty assessing and collecting levy described in this section shall be
             601      reduced by an amount equal to the difference between:]
             602          [(a) the amount of revenue budgeted:]
             603          [(i) by each receiving county for that calendar year; and]
             604          [(ii) for the county additional property tax levy described in Subsection (4)(a); and]
             605          [(b) the amount of revenue budgeted:]
             606          [(i) by each receiving county for the calendar year immediately preceding the calendar
             607      year described in Subsection (5)(a)(i); and]
             608          [(ii) for the county additional property tax levy described in Subsection (4)(a).]
             609          [(6) The amounts described in the calculations required by Subsection (5) are exclusive
             610      of new growth.]
             611          (ii) may not be incorporated into the rate of any other levy;
             612          (iii) is exempt from Sections 17C-1-403 through 17C-1-406 ; and
             613          (iv) is in addition to and exempt from the maximum levies allowable under Section
             614      59-2-908 .


             615          (c) Revenue collected from the county additional property tax shall be used to:
             616          (i) promote the accurate valuation and uniform assessment levels of property as
             617      required by Section 59-2-103 ;
             618          (ii) promote the efficient administration of the property tax system, including the costs
             619      of assessment, collection, and distribution of property taxes;
             620          (iii) fund state mandated actions to meet legislative mandates or judicial or
             621      administrative orders that relate to promoting:
             622          (A) the accurate valuation of property; and
             623          (B) the establishment and maintenance of uniform assessment levels within and among
             624      counties; and
             625          (iv) establish reappraisal programs that:
             626          (A) are adopted by a resolution or ordinance of the county legislative body; and
             627          (B) conform to rules the commission makes in accordance with Title 63G, Chapter 3,
             628      Utah Administrative Rulemaking Act.
             629          Section 6. Section 59-2-1603 is amended to read:
             630           59-2-1603. Allocation of money in the Property Tax Valuation Agency Fund --
             631      Use of funds.
             632          [(1) The state auditor shall authorize disbursement of money from the Property Tax
             633      Valuation Agency Fund to each receiving county in accordance with this section.]
             634          [(2) Except as provided in Section 59-2-1606 and Subsection 59-2-303.1 (4), money
             635      derived from funds transmitted by contributing counties shall be disbursed pro rata to receiving
             636      counties of the second through sixth class based upon the number of adjusted parcel units in
             637      each county as determined in Subsection (3).]
             638          [(3) (a) The state auditor shall determine the amount of each county's multicounty
             639      assessing and collecting allocation in accordance with this Subsection (3).]
             640          [(b) A county's multicounty assessing and collecting allocation shall be the product of:]
             641          [(i) the county's adjusted parcel ratio; and]
             642          [(ii) a base unit value of $10.]
             643          [(c) For purposes of this section, a county's adjusted parcel ratio shall be determined by
             644      multiplying the sum of the following by the county parcel factor:]
             645          [(i) the number of residential parcels multiplied by 2;]


             646          [(ii) the number of commercial parcels multiplied by 4; and]
             647          [(iii) the number of all other parcels multiplied by 1.]
             648          [(d) For purposes of this Subsection (3), the county class factor is:]
             649          [(i) 0.8 for a county of the first class;]
             650          [(ii) 0.9 for a county of the second class;]
             651          [(iii) 1.0 for a county of the third class;]
             652          [(iv) 1.05 for a county of the fourth class;]
             653          [(v) 1.15 for a county of the fifth class; and]
             654          [(vi) 1.3 for a county of the sixth class.]
             655          [(e) The commission shall provide the state auditor a list of each county's parcel counts
             656      described in Subsection (3)(c).]
             657          [(4) (a) A first class county shall transmit $300,000 to the fund.]
             658          [(b) A second, third, or fourth class contributing county shall transmit to the fund an
             659      amount equal to the following:]
             660          [(i) if the contributing county's surplus revenue is equal to or less than the contributing
             661      county's minimum county contribution, the minimum county contribution;]
             662          [(ii) if the contributing county's surplus revenue is more than the county's minimum
             663      county contribution and less than the county's maximum county contribution, the contributing
             664      county's surplus revenue; or]
             665          [(iii) if the contributing county's surplus revenue is equal to or greater than the county's
             666      maximum county contribution, the contributing county's maximum county contribution.]
             667          [(5) Money in the Property Tax Valuation Agency Fund on the 10th day of the month
             668      following the end of the quarter in which the revenue is collected shall, upon authorization by
             669      the state auditor, be transmitted by the state treasurer according to the disbursement formula
             670      determined under Subsection (3) no later than five working days after the 10th day of the
             671      month following the end of the quarter in which the revenue is collected.]
             672          [(6) If money in the Property Tax Valuation Agency Fund on the 10th day of the month
             673      following the end of the quarter in which the revenue is collected is not transmitted to a
             674      receiving county within five working days of the 10th day of that month, except as provided for
             675      in Subsection (5), income from the investment of that money shall be:]
             676          [(a) deposited in and become part of the Property Tax Valuation Agency Fund; and]


             677          [(b) disbursed to the receiving county in the next quarter.]
             678          (1) The state auditor shall annually conduct a study of each county of the fourth, fifth,
             679      or sixth class to determine:
             680          (a) the costs of assessing and collecting property taxes;
             681          (b) the ability to generate revenue from an assessing and collecting levy; and
             682          (c) the tax burden of levying a property tax sufficient to cover the costs of assessing
             683      and collecting property taxes.
             684          (2) Subject to Subsection (3), and in accordance with Title 63G, Chapter 3, Utah
             685      Administrative Rulemaking Act, the auditor shall make rules providing for the allocation of
             686      money in the Property Tax Valuation Agency Fund.
             687          (3) The rules described in Subsection (2) shall give priority in the allocation of money
             688      in the Property Tax Valuation Agency Fund to the counties of the fourth, fifth, or sixth class
             689      that the state auditor determines:
             690          (a) in accordance with the study required by Subsection (1), to have the highest tax
             691      burden; or
             692          (b) to have the greatest need to improve:
             693          (i) the accurate valuation and uniform assessment levels of property as required by
             694      Section 59-2-103 ; or
             695          (ii) the efficiency of the property tax system.
             696          [(7)] (4) A county shall use money disbursed from the Property Tax Valuation Agency
             697      Fund [for] to:
             698          [(a) establishing and maintaining accurate property]
             699          (a) offset the costs of assessing and collecting property taxes;
             700          (b) improve the accurate [valuations] valuation and uniform assessment levels of
             701      property as required by Section 59-2-103 ; [and] or
             702          [(b) improving] (c) improve the efficiency of the property tax system.
             703          [(8) The state auditor shall reallocate any:]
             704          [(a) deficit from the allocation under Subsection (3) amongst all receiving counties
             705      based on their adjusted parcel counts; or]
             706          [(b) surplus from the allocation under Subsection (3) amongst all contributing counties
             707      based on the county's percentage of the total contribution under this section.]


             708          [(9) A receiving county may not receive more than $200,000 total from an allocation
             709      under Subsection (3).]
             710          [(10)] (5) If money remains in the fund after all allocations have been distributed to
             711      receiving counties in a calendar year, the state auditor shall retain the money in the fund for
             712      distribution the following calendar year.
             713          Section 7. Section 59-2-1605 is amended to read:
             714           59-2-1605. Accounting records for levies.
             715          Each county shall separately budget and account for the use of any money received or
             716      expended [under] from a levy imposed under Section 59-2-1602 [, 59-2-1603 , or 59-2-1604 ].
             717          Section 8. Section 59-2-1606 is amended to read:
             718           59-2-1606. CAMA system funding for counties -- Disbursements to the
             719      Multicounty Appraisal Trust -- Use of funds.
             720          (1) As used in this section[: (a)], "CAMA" means computer assisted mass appraisal.
             721          [(b) "CAMA fee rate" means:]
             722          [(i) $1.50 for the calendar year that begins on January 1, 2009; and]
             723          [(ii) for a calendar year beginning on or after January 1, 2010, the $1.50 described in
             724      Subsection (1)(b)(i) may be increased each year up to 2% at the discretion of the Multicounty
             725      Appraisal Trust.]
             726          [(c) (i) "County parcel count" means the total number of residential parcels,
             727      commercial parcels, and other parcels within a county.]
             728          [(ii) "County parcel count" does not include a county's parcel factor as described in
             729      Subsection 59-2-1603 (3)(c).]
             730          [(d) "Factored parcel count" means the product of:]
             731          [(i) a county's parcel count; and]
             732          [(ii) the county's class factor described in Subsection 59-2-1603 (3)(d).]
             733          [(e) "Multicounty Appraisal Trust" means the Multicounty Appraisal Trust created by
             734      interlocal agreement by all 29 counties in the state.]
             735          [(2) For a calendar year beginning on or after January 1, 2009, before determining the
             736      amount of each county's multicounty assessing and collecting allocation in accordance with
             737      Subsection 59-2-1603 (3), the state auditor shall disburse to the Multicounty Appraisal Trust an
             738      amount of revenue equal to the product of:]


             739          [(a) the sum of the factored parcel counts for all second through sixth class counties;
             740      and]
             741          [(b) the CAMA fee rate.]
             742          [(3)] (2) (a) The funds [described in Subsection (2)] deposited into the Multicounty
             743      Appraisal Trust in accordance with Section 59-2-1602 shall be used to provide funding for a
             744      statewide CAMA system that will promote:
             745          (i) the accurate valuation of property;
             746          (ii) the establishment and maintenance of uniform assessment levels among counties
             747      within the state; and
             748          (iii) efficient administration of the property tax system, including the costs of
             749      assessment, collection, and distribution of property taxes.
             750          (b) The Multicounty Appraisal Trust shall determine which projects shall be funded
             751      and oversee the administration of a statewide CAMA system.
             752          Section 9. Section 63H-1-102 is amended to read:
             753           63H-1-102. Definitions.
             754          As used in this chapter:
             755          (1) "Authority" means the Military Installation Development Authority, created under
             756      Section 63H-1-201 .
             757          (2) "Base taxable value" means:
             758          (a) for military land or other land that was exempt from a property tax at the time that a
             759      project area was created that included the military land or other land, a taxable value of zero; or
             760          (b) for private property that is included in a project area, the taxable value of the
             761      property within any portion of the project area, as designated by board resolution, from which
             762      tax increment will be collected, as shown upon the assessment roll last equalized before the
             763      year in which the authority issues a building permit for a building within that portion of the
             764      project area.
             765          (3) "Board" means the governing body of the authority created under Section
             766      63H-1-301 .
             767          (4) (a) "Dedicated tax collections" means the property tax that remains after the
             768      authority is paid the tax increment it is entitled to receive under Subsection 63H-1-501 (1), for a
             769      property tax levied by:


             770          (i) a county, including a district the county has established under Subsection 17-34-3 (2)
             771      to levy a property tax under Title 17, Chapter 34, Municipal-Type Services to Unincorporated
             772      Areas; or
             773          (ii) an included municipality.
             774          (b) "Dedicated tax collections" does not include a [property tax levied by a county to
             775      assess and collect property taxes under Subsections 59-2-1602 (1) and (4)] county additional
             776      property tax or multicounty assessing and collecting levy imposed in accordance with Section
             777      59-2-1602 .
             778          (5) "Development project" means a project to develop land within a project area.
             779          (6) "Elected member" means a member of the authority board who:
             780          (a) is a mayor or member of a legislative body appointed under Subsection
             781      63H-1-302 (2)(b); or
             782          (b) (i) is appointed to the authority board under Subsection 63H-1-302 (2)(a) or (3); and
             783          (ii) concurrently serves in an elected state, county, or municipal office.
             784          (7) "Included municipality" means a municipality, some or all of which is included
             785      within a project area.
             786          (8) "Military Installation Development Authority energy tax" or "MIDA energy tax"
             787      means the tax levied under Section 63H-1-204 .
             788          (9) "Military land" means land or a facility, including leased land or a leased facility,
             789      that is part of or affiliated with a base, camp, post, station, yard, center, or installation under the
             790      jurisdiction of the U.S. Department of Defense or the Utah National Guard.
             791          (10) "Municipal energy tax" means a municipal energy sales and use tax under Title
             792      10, Chapter 1, Part 3, Municipal Energy Sales and Use Tax Act.
             793          (11) "Municipal services revenue" means revenue that the authority:
             794          (a) collects from the authority's:
             795          (i) levy of a municipal energy tax;
             796          (ii) levy of a MIDA energy tax;
             797          (iii) levy of a telecommunications tax;
             798          (iv) imposition of a transient room tax; and
             799          (v) imposition of a resort communities tax;
             800          (b) receives under Subsection 59-12-205 (2)(b)(ii); and


             801          (c) receives as dedicated tax collections.
             802          (12) "Municipal tax" means a municipal energy tax, MIDA energy tax,
             803      telecommunications tax, transient room tax, or resort communities tax.
             804          (13) "Project area" means the land, including military land, whether consisting of a
             805      single contiguous area or multiple noncontiguous areas, described in a project area plan or draft
             806      project area plan, where the development project set forth in the project area plan or draft
             807      project area plan takes place or is proposed to take place.
             808          (14) "Project area budget" means a multiyear projection of annual or cumulative
             809      revenues and expenses and other fiscal matters pertaining to a project area that includes:
             810          (a) the base taxable value of property in the project area;
             811          (b) the projected tax increment expected to be generated within the project area;
             812          (c) the amount of the tax increment expected to be shared with other taxing entities;
             813          (d) the amount of the tax increment expected to be used to implement the project area
             814      plan, including the estimated amount of the tax increment to be used for land acquisition,
             815      public improvements, infrastructure improvements, and loans, grants, or other incentives to
             816      private and public entities;
             817          (e) the tax increment expected to be used to cover the cost of administering the project
             818      area plan;
             819          (f) if the tax increment is to be collected at different times or from different portions of
             820      the project area, or both:
             821          (i) (A) the tax identification numbers of the parcels from which the tax increment will
             822      be collected; or
             823          (B) a legal description of the portion of the project area from which the tax increment
             824      will be collected; and
             825          (ii) an estimate of when other portions of the project area will become subject to
             826      collection of the tax increment; and
             827          (g) for property that the authority owns or leases and expects to sell or sublease, the
             828      expected total cost of the property to the authority and the expected selling price or lease
             829      payments.
             830          (15) "Project area plan" means a written plan that, after its effective date, guides and
             831      controls the development within a project area.


             832          (16) "Property tax" includes a privilege tax and each levy on an ad valorem basis on
             833      tangible or intangible personal or real property.
             834          (17) "Public entity" means:
             835          (a) the state, including each department or agency of the state; or
             836          (b) a political subdivision of the state, including a county, city, town, school district,
             837      local district, special service district, or interlocal cooperation entity.
             838          (18) "Publicly owned infrastructure and improvements" means water, sewer, storm
             839      drainage, electrical, telecommunications, and other similar systems and lines, streets, roads,
             840      curb, gutter, sidewalk, walkways, parking facilities, public transportation facilities, and other
             841      buildings, facilities, infrastructure, and improvements that:
             842          (a) benefit the public; and
             843          (b) are:
             844          (i) publicly owned or owned by a utility; or
             845          (ii) publicly maintained or operated by the authority or another public entity.
             846          (19) "Remaining municipal services revenue" means municipal services revenue that
             847      the authority has not spent during its fiscal year for municipal services as provided in
             848      Subsection 63H-1-503 (1).
             849          (20) "Resort communities tax" means a sales and use tax imposed under Section
             850      59-12-401 .
             851          (21) "Taxable value" means the value of property as shown on the last equalized
             852      assessment roll as certified by the county assessor.
             853          (22) "Tax increment" means the difference between:
             854          (a) the amount of property tax revenues generated each tax year by all taxing entities
             855      from the area within a project area designated in the project area plan as the area from which
             856      the tax increment is to be collected, using the current assessed value of the property; and
             857          (b) the amount of property tax revenues that would be generated from that same area
             858      using the base taxable value of the property.
             859          (23) "Taxing entity" means a public entity that levies a tax on property within a project
             860      area.
             861          (24) "Telecommunications tax" means a telecommunications license tax under Title
             862      10, Chapter 1, Part 4, Municipal Telecommunications License Tax Act.


             863          (25) "Transient room tax" means a tax under Section 59-12-352 .
             864          Section 10. Repealer.
             865          This bill repeals:
             866          Section 59-2-1604 , Additional levies by counties.
             867          Section 11. Retrospective operation.
             868          This bill has retrospective operation to January 1, 2014.
             869          Section 12. Revisor instructions.
             870          The Legislature intends that the Office of Legislative Research and General Counsel, in
             871      preparing the Utah Code database for publication, shall replace the references in Subsection
             872      59-2-924.2 (9) from "this bill" to the bill's designated chapter and section number in the Laws
             873      of Utah.


[Bill Documents][Bills Directory]