{"data":{"id":"us-ut/utah-code-59-3-102","jurisdiction":"us-ut","citation":"Utah Code § 59-3-102","heading":"Definitions.","body":"As used in this chapter:\n(1) \"Tax equivalent payment\" means a payment required or authorized by statute to be made in lieu of ad valorem taxes on tax exempt property pursuant to a contract entered into under statutory authority and filed with the county assessor of the county in which the property is located.\n(2) \"Tax equivalent property\" means property on which any tax equivalent payment is made.","path":["Title 59 Revenue and Taxation","Chapter 59-3 Tax Equivalent Property Act"],"source_url":"https://le.utah.gov/xcode/Title59/Chapter3/59-3-S102.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"fb7c9500c462e9db70328d346da9257e1cfc09a85ab4849d893dddf44a9d983f","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-59-2a-903","next":"us-ut/utah-code-59-3-103"},"notice":"GroundRules: Original legal text. Not legal advice."}