Utah Admin. Code R357-13-7 - [Effective until 9/4/2025] Incremental Property Tax Revenue
The Office shall define in an agreement with the qualified hotel how and under what circumstances a county in which a qualified hotel is located shall keep incremental property tax revenue during the eligibility period and that provides assurances that incremental property tax revenue may only be used for the purposes set forth in Subsection 63N-2-508(3).
Notes
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(1) The Office shall define in an agreement with the qualified hotel how and under what circumstances a county in which a qualified hotel is located shall retain incremental property tax revenue during the eligibility period and that provides assurances that incremental property tax revenue may only be used for the purposes set forth in Subsection 63N-2-508(3).