Utah Code 63H-7a-801. Property and funds of the authority declared public property — Exemption from taxes
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63H-7a-801. Property and funds of the authority declared public property — Exemption from taxes.
(1) | The property and funds of the authority are declared to be public property used for essential public and governmental purposes. |
(2) | The property and the authority are exempt from all taxes and special assessments of any public body. This tax exemption does not apply to any portion of a project used for a profit-making enterprise. |
Renumbered and Amended by Chapter 411, 2015 General Session