Section 1704 – Indicia of value for urban farming assessment — Inclusion of fair market value on certain property tax notices.
59-2-1704. Indicia of value for urban farming assessment — Inclusion of fair market value on certain property tax notices. (1) The county assessor shall consider only those indicia of value that the land has for agricultural use as determined by the commission when assessing land: (a) that meets the requirements of Section 59-2-1703 to be […]
Section 1705 – Rollback tax — Penalty — Computation of tax — Procedure — Lien — Interest — Notice — Collection — Distribution — Appeal to county board of equalization.
Effective 5/9/2017 59-2-1705. Rollback tax — Penalty — Computation of tax — Procedure — Lien — Interest — Notice — Collection — Distribution — Appeal to county board of equalization. (1) Except as provided in this section or Section 59-2-1710, land that is withdrawn from this part is subject to a rollback tax imposed as […]
Section 1602 – Property Tax Valuation Fund — Statewide levy — Additional county levy.
Effective 5/4/2022 59-2-1602. Property Tax Valuation Fund — Statewide levy — Additional county levy. (1) (a) There is created a custodial fund known as the “Property Tax Valuation Fund.” (b) The fund consists of: (i) deposits made and penalties received under Subsection (3); and (ii) interest on money deposited into the fund. (c) Deposits, penalties, […]
Section 1603 – Allocation of money in the Property Tax Valuation Fund — Use of funds.
Effective 5/4/2022 59-2-1603. Allocation of money in the Property Tax Valuation Fund — Use of funds. (1) The state auditor shall annually conduct a study of each county of the fourth, fifth, or sixth class to determine: (a) the costs of assessing and collecting property taxes; (b) the ability to generate revenue from an assessing […]
Section 1605 – Accounting records for levies.
Effective 5/13/2014 59-2-1605. Accounting records for levies. Each county shall separately budget and account for the use of any money received or expended from a levy imposed under Section 59-2-1602. Amended by Chapter 270, 2014 General Session
Section 1606 – Statewide property tax system funding for counties — Disbursements to the Multicounty Appraisal Trust — Use of funds.
Effective 5/12/2020 59-2-1606. Statewide property tax system funding for counties — Disbursements to the Multicounty Appraisal Trust — Use of funds. (1) The funds deposited into the Multicounty Appraisal Trust in accordance with Section 59-2-1602 shall be used to provide funding for a statewide property tax system that will promote: (a) the accurate valuation of […]
Section 1366 – Apportionment of redemption or assignment money.
Effective 5/8/2018 59-2-1366. Apportionment of redemption or assignment money. (1) If property sold to the county under this title is redeemed, or the certificate of sale is assigned, the money received on account of the redemption or assignment shall be distributed as follows: (a) the original and subsequent taxes, and 40% of interest, penalty, and […]
Section 1372 – Auditor duties — Final settlement with treasurer — Delinquent Tax Control Account.
Effective 5/8/2018 59-2-1372. Auditor duties — Final settlement with treasurer — Delinquent Tax Control Account. (1) The auditor shall audit the books and records of the treasurer and make a final settlement with the treasurer. (2) In making the settlement the auditor shall credit the treasurer with the amount of taxes and tax notice charges […]
Section 1503 – Property tax treatment of transportable factory-built housing units.
59-2-1503. Property tax treatment of transportable factory-built housing units. Regardless of whether a transportable factory-built housing unit is considered to be real property or personal property under Section 70D-2-401, for purposes of this chapter: (1) a transportable factory-built housing unit that is located in a transportable factory-built housing unit park: (a) except as provided in […]
Section 1361 – Notice of findings — Proceedings in district court — Injunction — Determining taxes and tax notice charges due — Security during proceedings.
Effective 5/8/2018 59-2-1361. Notice of findings — Proceedings in district court — Injunction — Determining taxes and tax notice charges due — Security during proceedings. (1) (a) Notice that the commission has made a finding and declaration under Section 59-2-1359 shall be given to the owner of the property in the same manner as is […]