{"data":{"id":"us-ut/utah-code-17c-1-404","jurisdiction":"us-ut","citation":"Utah Code § 17C-1-404","heading":"Tax increment under a post-June 30, 1993, project area plan.","body":"(1) This section applies to tax increment under a post-June 30, 1993, project area plan adopted before May 1, 2006, only.\n(2) A board may provide in the project area budget for the agency to be paid:\n(a) if 20% of the project area budget is allocated for housing under Section 17C-2-203:\n(i) 100% of annual tax increment for 15 years;\n(ii) 75% of annual tax increment for 24 years; or\n(iii) if approved by the taxing entity committee, any percentage of tax increment up to 100%, or any specified dollar amount, for any period of time; or\n(b) if 20% of the project area budget is not allocated for housing under Section 17C-2-203:\n(i) 100% of annual tax increment for 12 years;\n(ii) 75% of annual tax increment for 20 years; or\n(iii) if approved by the taxing entity committee, any percentage of tax increment up to 100%, or any specified dollar amount, for any period of time.","path":["Title 17C Limited Purpose Local Government Entities - Community Reinvestment Agency Act","Chapter 17C-1 Agency Operations","Part 17C-1-4 Project Area Funds"],"source_url":"https://le.utah.gov/xcode/Title17C/Chapter1/17C-1-S404.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"5e2983fb47c3b4d943f80f69ba3053de4901149966da0163347b4add3b37b9a8","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-17c-1-403","next":"us-ut/utah-code-17c-1-405"},"notice":"GroundRules: Original legal text. Not legal advice."}