Section 112.5 – Property tax levy for culinary water, wastewater treatment, hospitals, and recreational facilities.

• (1) A town may levy a property tax for a purpose described in this section.

• (2)
  • (a) A town that is not in an improvement district created to establish and maintain a wastewater collection, treatment, or disposal system or a system for the supply, treatment, or distribution of water under Title 17B, Chapter 2a, Part 4, Improvement District Act, may levy a tax annually not to exceed .0008 per dollar of taxable value of taxable property in the town.
  • (b) The town shall place revenue raised by the levy described in Subsection (2)(a) in a special fund and may only use the revenue to:
    • (i) finance the construction of facilities to purify the town’s drinking water; or
    • (ii) construct facilities to treat and dispose of the town’s wastewater.
  • (c) The town may accumulate from year to year and reserve in the special fund described in Subsection (2)(b) the revenue collected through the levy described in this Subsection (2).
  • (d) The town shall make and collect the levy described in this Subsection (2) in the same manner as the town levies and collects other property taxes.

• (3) A town may levy a tax not exceeding .001 per dollar of taxable value of taxable property to own or operate a hospital under Section 10-8-90.

• (4) The governing body of a town may, under Section 11-2-7, annually appropriate and cause to be raised by taxation, money to cover an expense described in Section 11-2-7 for the provision of recreational facilities or other services described in Title 11, Chapter 2, Playgrounds.

Enacted by Chapter 301, 2019 General Session