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2020 Utah Code
Title 35A - Utah Workforce Services Code
Chapter 8 - Housing and Community Development Division
Part 4 - Housing Authorities
Section 414 - Property and funds of authority declared public property -- Exemption from taxes -- Alternative agreement with public body.
Universal Citation: UT Code § 35A-8-414 (2020)
35A-8-414. Property and funds of authority declared public property -- Exemption from taxes -- Alternative agreement with public body.
Amended by Chapter 278, 2013 General Session
- (1) The property and funds of an authority are declared to be public property used for essential public, governmental, and charitable purposes.
- (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.
- (b) This tax exemption does not apply to any portion of a project used for a profit-making enterprise.
- (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.
Amended by Chapter 278, 2013 General Session
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