Utah § 59-36-201 - Advance disclosure for use of tax increment.
Full text of Utah Utah Code § 59-36-201 — Advance disclosure for use of tax increment., with citation guidance and answers to common questions.
§ 59-36-201. Advance disclosure for use of tax increment.
Effective 5/6/2026 59-36-201.
Advance disclosure for use of tax increment.
(1)
Beginning July 1, 2026, a TIF entity intending to use tax increment shall, before each specified event:
(a)
conduct an authorization meeting; and
(b)
submit the disclosure described in Subsection (3).
(2)
An authorization meeting may be part of another public meeting of the TIF entity's governing body if the disclosure and agenda for the public meeting clearly describe the authorization meeting portion of the public meeting.
(3)
Within 30 days after the day on which a TIF entity holds an authorization meeting, a TIF entity shall submit a disclosure to the program manager that includes:
(a)
a copy of the notice for and the minutes from the TIF entity's authorization meeting;
(b)
the public good to be addressed through the use of tax increment, including a description of each project the TIF entity intends to pursue with the use of tax increment;
(c)
the type of tax increment sought for use;
(d)
the amount of tax increment that a TIF entity is authorized to use as a result of a specified event:
(i)
in total; and
(ii)
separately for property tax increment and sales and use tax increment, if the TIF entity seeks to use more than one type of tax increment;
(e)
a cost analysis reflecting the administrative costs imposed on the commission and the county to administer the collection, calculation, and distribution of the proposed tax increment;
(f)
a but-for analysis of each project the TIF entity intends to pursue with the use of tax increment; and
(g)
an explanation of how the benefit to residents or taxpayers near the project area is proportionate to the benefit to any party benefiting from the TIF entity's use of tax increment, as described in Section 59-36-202.
(4)
A TIF entity shall comply with the requirements of this part every time the TIF entity intends to engage in a specified event.
Section 59-36-201 ("Advance disclosure for use of tax increment.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 59-36-201?
A common citation format is "Utah Code § 59-36-201" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 59-36-201 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
