Terms Used In Utah Code > Title 63H > Chapter 1 > Part 1 - General Provisions

• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Armed forces: means the United States Army, Navy, Air Force, Marine Corps, Space Force, and Coast Guard. See Utah Code 68-3-12.5
• Authority: means the Military Installation Development Authority, created under Section 63H-1-201. See Utah Code 63H-1-102
• Base taxable value: means :

  (a)	for military land or other land that was exempt from a property tax at the time that a project area was created that included the military land or other land, a taxable value of zero; or

  (b)

  for private property that is included in a project area, the taxable value of the property within any portion of the project area, as designated by board resolution, from which the property tax allocation will be collected, as shown upon the assessment roll last equalized: (i)  before the year in which the authority creates the project area; or (ii)  before the year in which the project area plan is amended, for property added to a project area by an amendment to a project area plan. See Utah Code 63H-1-102 Board: means the governing body of the authority created under Section 63H-1-301. See Utah Code 63H-1-102 City: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5 Dedicated tax collections: means the property tax that remains after the authority is paid the property tax allocation the authority is entitled to receive under Subsection 63H-1-501(1), for a property tax levied by: (i)  a county, including a district the county has established under Subsection 17-34-3(2) to levy a property tax under Title 17, Chapter 34, Municipal-Type Services to Unincorporated Areas; or (ii)  an included municipality. See Utah Code 63H-1-102 Develop: means to engage in development. See Utah Code 63H-1-102 Development: includes the demolition, construction, reconstruction, modification, expansion, maintenance, operation, or improvement of a building, facility, utility, landscape, parking lot, park, trail, or recreational amenity. See Utah Code 63H-1-102 Development project: means a project to develop land within a project area. See Utah Code 63H-1-102 Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006. Included municipality: means a municipality, some or all of which is included within a project area. See Utah Code 63H-1-102 Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases. Land: includes :Utah Code 68-3-12.5 Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC MIDA accommodations tax: means the tax imposed under Section 63H-1-205. See Utah Code 63H-1-102 MIDA energy tax: means the tax levied under Section 63H-1-204. See Utah Code 63H-1-102 Military: includes , in relation to property, property that is occupied by the military and is owned by the government of the United States or the state. See Utah Code 63H-1-102 Military land: means land or a facility, including leased land or a leased facility, that is part of or affiliated with a base, camp, post, station, yard, center, or installation under the jurisdiction of the United States Department of Defense, the United States Department of Veterans Affairs, or the Utah National Guard. See Utah Code 63H-1-102 Municipal energy tax: means a municipal energy sales and use tax under 3. See Utah Code 63H-1-102 Municipal services revenue: means revenue that the authority: (a)  collects from the authority's: (i)  levy of a municipal energy tax; (ii)  levy of a MIDA energy tax; (iii)  levy of a telecommunications tax; (iv)  imposition of a transient room tax; and (v)  imposition of a resort communities tax; (b)  receives under Subsection 59-12-205(2)(a)(ii)(B); and (c)  receives as dedicated tax collections. See Utah Code 63H-1-102 Project area: means the land, including military land, whether consisting of a single contiguous area or multiple noncontiguous areas, described in a project area plan or draft project area plan, where the development project set forth in the project area plan or draft project area plan takes place or is proposed to take place. See Utah Code 63H-1-102 Project area plan: means a written plan that, after the plan's effective date, guides and controls the development within a project area. See Utah Code 63H-1-102 Property: includes both real and personal property. See Utah Code 68-3-12.5 Property tax: includes a privilege tax imposed under Title 59, Chapter 4, Privilege Tax, except as described in Subsection (20)(b), and each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 63H-1-102 Property tax allocation: means the difference between: (a)  the amount of property tax revenues generated each tax year by all taxing entities from the area within a project area designated in the project area plan as the area from which the property tax allocation is to be collected, using the current assessed value of the property; and (b)  the amount of property tax revenues that would be generated from that same area using the base taxable value of the property. See Utah Code 63H-1-102 Public entity: means : (a)  the state, including each department or agency of the state; or (b)  a political subdivision of the state, including the authority or a county, city, town, school district, special district, special service district, or interlocal cooperation entity. See Utah Code 63H-1-102 Quorum: The number of legislators that must be present to do business. Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant. Resort communities tax: means a sales and use tax imposed under Section 59-12-401. See Utah Code 63H-1-102 State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5 Taxable value: means the value of property as shown on the last equalized assessment roll. See Utah Code 63H-1-102 Telecommunications tax: means a telecommunications license tax under 4. See Utah Code 63H-1-102 Town: includes , depending on population, a metro township as defined in Section 10-3c-102. See Utah Code 68-3-12.5 Transient room tax: means a tax under Section 59-12-352. See Utah Code 63H-1-102 United States: includes each state, district, and territory of the United States of America. See Utah Code 68-3-12.5