{"data":{"id":"us-ut/utah-code-17c-1-405","jurisdiction":"us-ut","citation":"Utah Code § 17C-1-405","heading":"Tax increment under a project area plan adopted on or after May 1, 2006.","body":"(1) This section applies to tax increment under a project area plan adopted on or after May 1, 2006, and before May 10, 2016.\n(2) Subject to the approval of the taxing entity committee, a board may provide in the urban renewal or economic development project area budget for the agency to be paid:\n(a) for an urban renewal project area plan that proposes development of an inactive industrial site or inactive airport site, at least 60% of tax increment for at least 20 years; or\n(b) for each other project, any percentage of tax increment up to 100% or any specified dollar amount of tax increment for any period of time.\n(3) A resolution or interlocal agreement relating to an agency's use of tax increment for a community development project area plan may provide for the agency to be paid any percentage of tax increment up to 100% or any specified dollar amount of tax increment 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-S405.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"270de93407810ff6beeeb50f35eea02c9a028609dc1b537f533c87368b3cb5c4","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-17c-1-404","next":"us-ut/utah-code-17c-1-406"},"notice":"GroundRules: Original legal text. Not legal advice."}