Utah Code 17C-1-301.5. Agency property exempt from taxation — Exception
Current as of: 2023 | Check for updates
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17C-1-301.5. Agency property exempt from taxation — Exception.
| (1) | Agency property acquired or held for purposes of this title is public property used for essential public and governmental purposes and, subject to Subsection (2), is exempt from taxation by a taxing entity. |
| (a) | levies a tax on property located within a project area; or |
| (b) | imposes a sales and use tax under Title 59, Chapter 12, Sales and Use Tax Act. See Utah Code 17C-1-102 |
| (2) | The exemption in Subsection (1) does not apply to property that the agency leases to a lessee unless the lessee is entitled to a tax exemption with respect to the property. |
Renumbered and Amended by Chapter 350, 2016 General Session