1     
FARMLAND ASSESSMENT ACT AMENDMENTS

2     
2015 GENERAL SESSION

3     
STATE OF UTAH

4     
Chief Sponsor: Michael E. Noel

5     
Senate Sponsor: ____________

6     

7     LONG TITLE
8     General Description:
9          This bill amends provisions related to the Farmland Assessment Act.
10     Highlighted Provisions:
11          This bill:
12          ▸     addresses certain changes in the ownership of land as a result of a tax sale or
13     foreclosure for purposes of the Farmland Assessment Act.
14     Money Appropriated in this Bill:
15          None
16     Other Special Clauses:
17          None
18     Utah Code Sections Affected:
19     AMENDS:
20          59-2-509, as last amended by Laws of Utah 2002, Chapter 141
21     

22     Be it enacted by the Legislature of the state of Utah:
23          Section 1. Section 59-2-509 is amended to read:
24          59-2-509. Change of ownership or legal description.
25          (1) Subject to the other provisions of this section, land assessed under this part may
26     continue to be assessed under this part if the land continues to comply with the requirements of
27     this part, regardless of whether the land continues to have:

28          (a) the same owner; or
29          (b) legal description.
30          (2) Notwithstanding Subsection (1), land described in Subsection (1) is subject to the
31     rollback tax as provided in [Section 59-2-506] this part if the land is withdrawn from this part.
32          (3) Notwithstanding Subsection (1), land is withdrawn from this part if:
33          (a) there is a change in:
34          (i) the ownership of the land; or
35          (ii) the legal description of the land; and
36          (b) after a change described in Subsection (3)(a):
37          (i) the land does not meet the requirements of Section 59-2-503; or
38          (ii) an owner of the land fails to submit a new application for assessment as provided in
39     Section 59-2-508.
40          (4) An application required by [this section] Subsection (3)(b)(ii) shall be submitted
41     within 120 days after the day on which there is a change described in Subsection (3)(a).
42          (5) (a) Notwithstanding any other provision of this part, land assessed under this part is
43     not considered to be withdrawn from this part if:
44          (i) there is a change in the ownership of the land as the result of a tax sale under this
45     chapter or a foreclosure; and
46          (ii) after the change in the ownership of the land, the land meets the requirements for
47     assessment under this part.
48          (b) If a person becomes the owner of land as a result of a tax sale under this chapter or
49     a foreclosure, the person shall submit a new application for assessment only if the county
50     assessor requests the person to submit a new application in writing.






Legislative Review Note
     as of 1-30-15 3:58 PM


Office of Legislative Research and General Counsel