Terms Used In Utah Code 59-2-1201

• Property: means property that is subject to assessment and taxation according to its value. See Utah Code 59-2-102
• Residence: includes a dwelling that is:

  (A)	a part of a multidwelling or multipurpose building and a part of the land upon which the multidwelling or multipurpose building is built; and

  (B)

  a mobile home or houseboat. See Utah Code 59-2-1202      The purpose of this part is to provide general property tax relief for certain persons who own or rent their places of residence through a system of tax credits, refunds, and appropriations from the General Fund. The relief is to offset in part the general tax burden, a significant portion of which, directly or indirectly, is represented by property tax. Accordingly, the tax relief provided by this part is determined in part by reference to the property tax assessment and collection mechanisms, but, however, is not limited to property tax relief nor is it formulated upon the Legislature’s power to relieve those taxes. It is for the general relief of all taxes. Renumbered and Amended by Chapter 4, 1987 General Session   Previous section Next section    Part 12 Contents