2006 Utah Code - 59-2-1304 — Rate of previous year governs -- Proration among taxing units.

     59-2-1304.   Rate of previous year governs -- Proration among taxing units.
     The amount of taxes to be collected in the current year on personal property assessed by the county assessor shall be based on the tax rates levied by all taxing entities for the previous year, and the tax so billed shall be the full tax on the property for the current year. The money collected shall be paid into the county treasury and paid by the treasurer to the various taxing entities pro rata in accordance with the tax rates levied and approved for the current year, including new entities levying for the first time.

Repealed and Re-enacted by Chapter 3, 1988 General Session