{"data":{"id":"us-ut/utah-code-59-2-301.6","jurisdiction":"us-ut","citation":"Utah Code § 59-2-301.6","heading":"Definition -- Assessment of property having a diminished productive value.","body":"(1) As used in this section, \"diminished productive value\" means that property has no, or a significantly reduced, ability to generate income as a result of:\n(a) a parcel size requirement established under a land use ordinance or zoning map adopted by a:\n(i) city or town in accordance with Title 10, Chapter 20, Part 5, Land Use Regulations - General Processes; or\n(ii) a county in accordance with Title 17, Chapter 79, Part 5, Land Use Regulations - General Processes; or\n(b) one or more easements burdening the property.\n(2) In assessing the fair market value of property, a county assessor shall consider as part of the determination of fair market value whether property has diminished productive value.\n(3) This section does not prohibit a county assessor from including as part of a determination of the fair market value of property any other factor affecting the fair market value of the property.","path":["Title 59 Revenue and Taxation","Chapter 59-2 Property Tax Act","Part 59-2-3 County Assessment"],"source_url":"https://le.utah.gov/xcode/Title59/Chapter2/59-2-S301.6.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"6784cc4d505acee4125f1473e2bc99f0debe85970cb2ccfcd58b06ae0d0f0170","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-59-2-301.5","next":"us-ut/utah-code-59-2-301.7"},"notice":"GroundRules: Original legal text. Not legal advice."}