Truth in Taxation Amendments

23
59-2-919
59-2-923
59-2-924
HB0236
SB0238
59-2-919 (05/06/26)
59-2-919
59-2-923
59-2-924
HB0236
SB0238
59-2-919 (05/06/26)
3
Truth in Taxation Amendments
2026 GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Karen M. Peterson
Senate Sponsor: Daniel McCay

Cosponsor:
Katy Hall
Val L. Peterson
Carl R. Albrecht
Jon Hawkins
Candice B. Pierucci
Tiara Auxier
Ken Ivory
Jake Sawyer
Jefferson S. Burton
Jill Koford
Lisa Shepherd
Kristen Chevrier
Jason B. Kyle
Mark A. Strong
Kay J. Christofferson
Trevor Lee
Jordan D. Teuscher
Paul A. Cutler
Leah Hansen
Stephen L. Whyte
Ariel Defay
Tracy J. Miller
Ryan D. Wilcox
Steve Eliason
Logan J. Monson
Stephanie Gricius
Nicholeen P. Peck
LONG TITLE
General Description:
This bill addresses property tax increases through truth in taxation.
Highlighted Provisions:
This bill:
defines terms;
requires fiscal year taxing entities proposing a property tax rate increase to make a
preliminary statement in a public meeting regarding the taxing entity's consideration of a
tax rate increase;
clarifies notice and publication requirements for towns proposing a tax rate increase that
do not have public websites;
clarifies the State Tax Commission's authority to deny a taxing entity's proposed tax rate
increase for failing to meet truth in taxation requirements;
provides for a one-year period in which the State Tax Commission is not required to deny
a fiscal year taxing entity's proposed tax rate increase for failure to comply with certain
truth in taxation requirements;
requires fiscal year taxing entities proposing a property tax increase to:
prepare and adopt an interim budget that includes a property tax impact schedule; and
reserve a certain amount of the taxing entity's general fund revenue in a restricted
budget account for a limited period of time;
includes a coordination clause to incorporate changes made to Section 59-2-919 in S.B.
238, Property Tax Adjustments; and
makes technical and conforming changes.
Money Appropriated in this Bill:
None
Other Special Clauses:
This bill provides a coordination clause.
Utah Code Sections Affected:
AMENDS:
59-2-919
, as last amended by Laws of Utah 2025, First Special Session, Chapter 17
59-2-923
, as last amended by Laws of Utah 2009, Chapter 204
59-2-924
, as last amended by Laws of Utah 2025, First Special Session, Chapter 15
Utah Code Sections Affected by Coordination Clause:
59-2-919 (05/06/26)
, as last amended by Laws of Utah 2025, First Special Session,
Chapter 17
Be it enacted by the Legislature of the state of Utah:
The following section is affected by a coordination clause at the end of this bill.
Section 1. Section
59-2-919
is amended to read:
59-2-919
. Notice and public hearing requirements for certain tax increases --
Exceptions -- Audit.
(1)
As used in this section:
(a)
"Additional ad valorem tax revenue" means ad valorem property tax revenue
generated by the portion of the tax rate that exceeds the taxing entity's certified tax
rate.
(b)
"Ad valorem tax revenue" means ad valorem property tax revenue not including
revenue from:
(i)
eligible new growth; or
(ii)
personal property that is:
(A)
assessed by a county assessor in accordance with Part
3, County Assessment
;
and
(B)
semiconductor manufacturing equipment.
(c)
"Base year" means a taxing entity's fiscal year that immediately precedes the fiscal
year in which the taxing entity first adopted a budget below last year's property tax
budgeted revenue.
(d)
"Base year budgeted revenue" means the property tax budgeted revenue, excluding
eligible new growth, for the base year.
(e)
"Calendar year taxing entity" means a taxing entity that operates under a fiscal year
that begins on January 1 and ends on December 31.
(f)
"County executive calendar year taxing entity" means a calendar year taxing entity
that operates under the county executive-council form of government described in
Section
17-62-203
.
(g)
"Current calendar year" means the calendar year immediately preceding the calendar
year for which a calendar year taxing entity seeks to levy a tax rate that exceeds the
calendar year taxing entity's certified tax rate.
(h)
"Eligible new growth" means the same as that term is defined in Section
59-2-924
.
(i)
"Fiscal year taxing entity" means a taxing entity that operates under a fiscal year that
begins on July 1 and ends on June 30.
(j)
"Meeting" means the same as that term is defined in Section
52-4-103
.
(k)
"Last year's property tax budgeted revenue" does not include:
(i)
revenue received by a taxing entity from a debt service levy voted on by the public;
(ii)
revenue generated by the combined basic rate as defined in Section
53F-2-301
; or
(iii)
revenue generated by the charter school levy described in Section
53F-2-703
.
(l)
"Truth-in-taxation exemption period" means a six-year period that begins with the
base year.
(2)
Except as provided in Subsection
(11)
, a taxing entity may not levy a tax rate that
exceeds the taxing entity's certified tax rate unless the taxing entity meets:
(a)
the requirements of this section that apply to the taxing entity; and
(b)
all other requirements as may be required by law.
(3)
(a)
Subject to Subsection
(3)(b)
and except as provided in Subsection
(5)
, a calendar
year taxing entity may levy a tax rate that exceeds the calendar year taxing entity's
certified tax rate if the calendar year taxing entity:
(i)
14 or more days before the date of the regular general election or municipal
general election held in the current calendar year, states at a public meeting:
(A)
that the calendar year taxing entity intends to levy a tax rate that exceeds the
calendar year taxing entity's certified tax rate;
(B)
the dollar amount of and purpose for additional ad valorem tax revenue that
would be generated by the proposed increase in the certified tax rate; and
(C)
the approximate percentage increase in ad valorem tax revenue for the taxing
entity based on the proposed increase described in Subsection
(3)(a)(i)(B)
;
(ii)
provides notice for the public meeting described in Subsection
(3)(a)(i)
in
accordance with Title
52, Chapter 4
, Open and Public Meetings Act, including
providing a separate item on the meeting agenda that notifies the public that the
calendar year taxing entity intends to make the statement described in Subsection
(3)(a)(i)
;
(iii)
meets the advertisement requirements of Subsections
(6)
and
(7)
before the
calendar year taxing entity conducts the public hearing required by Subsection
(3)(a)(v)
;
(iv)
provides notice by mail:
(A)
seven or more days before the regular general election or municipal general
election held in the current calendar year; and
(B)
as provided in Subsection
(3)(c)
; and
(v)
conducts a public hearing that is held:
(A)
in accordance with Subsections
(8)
and
(9)
; and
(B)
in conjunction with the public hearing required by Section
17-63-304
or
17B-1-610
.
(b)
(i)
For a county executive calendar year taxing entity, the statement described in
Subsection
(3)(a)(i)
shall be made by the:
(A)
county council;
(B)
county executive; or
(C)
both the county council and county executive.
(ii)
If the county council makes the statement described in Subsection
(3)(a)(i)
or the
county council states a dollar amount of additional ad valorem tax revenue that is
greater than the amount of additional ad valorem tax revenue previously stated by
the county executive in accordance with Subsection
(3)(a)(i)
, the county executive
calendar year taxing entity shall:
(A)
make the statement described in Subsection
(3)(a)(i)
14 or more days before
the county executive calendar year taxing entity conducts the public hearing
under Subsection
(3)(a)(v)
; and
(B)
provide the notice required by Subsection
(3)(a)(iv)
14 or more days before
the county executive calendar year taxing entity conducts the public hearing
required by Subsection
(3)(a)(v)
.
(c)
The notice described in Subsection
(3)(a)(iv)
:
(i)
shall be mailed to each owner of property:
(A)
within the calendar year taxing entity; and
(B)
listed on the assessment roll;
(ii)
shall be printed on a separate form that:
(A)
is developed by the commission;
(B)
states at the top of the form, in bold upper-case type no smaller than 18 point
"NOTICE OF PROPOSED TAX INCREASE"; and
(C)
may be mailed with the notice required by Section
59-2-1317
;
(iii)
shall contain for each property described in Subsection
(3)(c)(i)
:
(A)
the value of the property for the current calendar year;
(B)
the tax on the property for the current calendar year; and
(C)
subject to Subsection
(3)(d)
, for the calendar year for which the calendar year
taxing entity seeks to levy a tax rate that exceeds the calendar year taxing
entity's certified tax rate, the estimated tax on the property;
(iv)
shall contain the following statement:
"[Insert name of taxing entity] is proposing a tax increase for [insert applicable calendar
year]. This notice contains estimates of the tax on your property and the proposed tax increase
on your property as a result of this tax increase. These estimates are calculated on the basis of
[insert previous applicable calendar year] data. The actual tax on your property and proposed
tax increase on your property may vary from this estimate.";
(v)
shall state the dollar amount of additional ad valorem tax revenue that would be
generated each year by the proposed increase in the certified tax rate;
(vi)
shall include a brief statement of the primary purpose for the proposed tax
increase, including the taxing entity's intended use of additional ad valorem tax
revenue described in Subsection
(3)(c)(v)
;
(vii)
shall state the date, time, and place of the public hearing described in Subsection
(3)(a)(v)
;
(viii)
shall state the Internet address for the taxing entity's public website;
(ix)
may contain other information approved by the commission; and
(x)
if sent in calendar year 2024, 2025, or 2026, shall contain:
(A)
notice that the taxpayer may request electronic notice as described in
Subsection
17-71-302(1)(m)
; and
(B)
instructions describing how to elect to receive a notice as described in
Subsection
17-71-302(1)(m)
.
(d)
For purposes of Subsection
(3)(c)(iii)(C)
, a calendar year taxing entity shall calculate
the estimated tax on property on the basis of:
(i)
data for the current calendar year; and
(ii)
the amount of additional ad valorem tax revenue stated in accordance with this
section.
(4)
Except as provided in Subsection
(5)
, a fiscal year taxing entity may levy a tax rate that
exceeds the fiscal year taxing entity's certified tax rate if
the fiscal year taxing entity
,
before the fiscal year taxing entity conducts the public meeting at which the fiscal year
taxing entity's budget is adopted
:
(a)
provides notice by meeting the advertisement requirements of Subsections
(6)
and
(7)
before the fiscal year taxing entity conducts the public meeting at which the fiscal
year taxing entity's annual budget is adopted; and
(a)
(i)
in the public meeting at which the taxing entity's tentative budget is first
presented to the governing body of the taxing entity, an executive officer or
budget officer of the taxing entity states that the tentative budget includes a
proposed tax rate increase and presents a property tax impact schedule as defined
in Section
59-2-924
; and
(ii)
the fiscal year taxing entity includes, on the agenda for the public meeting
described in Subsection
(4)(a)(i)
, a separate item notifying the public that an
executive officer or budget officer of the taxing entity intends to state in the public
meeting that the tentative budget includes a proposed tax rate increase;
(b)
(i)
on or after May 1 but on or before June 13, the fiscal year taxing entity states at
a public meeting:
(A)
that the fiscal year taxing entity is considering levying a tax rate that exceeds
the fiscal year taxing entity's certified tax rate;
(B)
the approximate dollar amount of and purpose for additional ad valorem tax
revenue that would be generated by the proposed tax rate increase described in
Subsection
(4)(b)(i)(A)
;
(C)
the approximate percentage increase in ad valorem tax revenue for the fiscal
year taxing entity based on the proposed tax rate increase described in
Subsection
(4)(b)(i)(A)
; and
(D)
that if the fiscal year taxing entity proceeds with the proposed tax rate
increase, the fiscal year taxing entity will provide notice of and conduct a
public hearing, as required by Subsection
(4)(c)
, at which members of the
public will have an opportunity to provide comments on the proposed tax rate
increase; and
(ii)
the fiscal year taxing entity provides notice for the public meeting described in
Subsection
(4)(b)(i)
in accordance with Title 52, Chapter 4, Open and Public
Meetings Act, including providing a separate item on the meeting agenda that
notifies the public that the fiscal year taxing entity intends to make the statement
described in Subsection
(4)(b)(i)
;
(b)
(c)
the fiscal year taxing entity
conducts a public hearing in accordance with
Subsections
(8)
and
(9)
before the fiscal year taxing entity's annual budget is adopted
; and
(d)
the fiscal year taxing entity provides notice for the public hearing described in
Subsection
(4)(c)
by meeting the advertisement requirements of Subsections
(6)
and
(7)
.
(5)
(a)
A taxing entity is not required to meet the notice or public hearing requirements of
Subsection
(3)
or
(4)
if the taxing entity is expressly exempted by law from
complying with the requirements of this section.
(b)
A taxing entity is not required to meet the notice requirements of Subsection
(3)
or
(4)
if:
(i)
Section
53F-8-301
allows the taxing entity to levy a tax rate that exceeds that
certified tax rate without having to comply with the notice provisions of this
section; or
(ii)
the taxing entity:
(A)
budgeted less than $20,000 in ad valorem tax revenue for the previous fiscal
year; and
(B)
sets a budget during the current fiscal year of less than $20,000 of ad valorem
tax revenue.
(c)
The requirements of Subsection
(4)(a)
do not apply if the tentative budget presented
during or prior to the first meeting in May does not include a proposed tax increase.
(6)
(a)
Before holding the public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
, a
taxing entity proposing a tax rate increase under this section shall publish an
advertisement regarding the proposed tax increase:
(i)
electronically in accordance with Section
45-1-101
; and
(ii)
as a class A notice under Section
63G-30-102
.
(b)
The advertisement described in Subsection
(6)(a)
shall:
(i)
be published for at least 14 days before the day on which the taxing entity
conducts the public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
; and
(ii)
substantially be in the following form and content:
"NOTICE OF PROPOSED TAX INCREASE
(NAME OF TAXING ENTITY)
The (name of the taxing entity) is proposing to increase its property tax revenue.
The (name of the taxing entity) tax on a (insert the average value of a residence in
the taxing entity rounded to the nearest thousand dollars) residence would increase from
$______ to $________, which is $_______ per year.
The (name of the taxing entity) tax on a (insert the value of a business having the
same value as the average value of a residence in the taxing entity) business would increase
from $________ to $_______, which is $______ per year.
If the proposed budget is approved, (name of the taxing entity) would receive an
additional $______ in property tax revenue per year as a result of the tax increase.
If the proposed budget is approved, (name of the taxing entity) would increase its
property tax budgeted revenue by ___% above last year's property tax budgeted revenue
excluding eligible new growth.
The (name of the taxing entity) invites all concerned citizens to a public hearing for the
purpose of hearing comments regarding the proposed tax increase and to explain the reasons
for the proposed tax increase. You have the option to attend or participate in the public hearing
in person or online.
PUBLIC HEARING
Date/Time:
(date) (time)
Location:
(name of meeting place and address of meeting place)
Virtual Meeting Link:
(Internet address for remote participation and live streaming
options)
To obtain more information regarding the tax increase, citizens may contact the (name
of the taxing entity) at (phone number of taxing entity) or visit (Internet address for the taxing
entity's public website)."
(c)
(i)
This Subsection
(6)(c)
applies to a fiscal year taxing entity that:
(A)
is a municipality classified by population as a town under Section
10-2-301
;
and
(B)
does not have a public website as of May 1 of the calendar year in which the
taxing entity proposes a tax rate increase.
(ii)
Notwithstanding the other provisions of this section:
(A)
if a provision of this section requires a fiscal year taxing entity to state the
internet address for the taxing entity's public website, a fiscal year taxing entity
described in Subsection
(6)(c)(i)
shall instead state the physical address of the
fiscal year taxing entity's town hall or principal place of business; and
(B)
if a provision of this section requires a fiscal year taxing entity to post
information on the taxing entity's public website within a specific time frame, a
fiscal year taxing entity described in Subsection
(6)(c)(i)
shall instead post that
information at the fiscal year taxing entity's town hall or principal place of
business within that specific time frame.
(iii)
A fiscal year taxing entity described in Subsection
(6)(c)(i)
shall provide to the
commission evidence of compliance with the requirements of Subsection
(6)(c)(ii)
,
as required by the commission.
(7)
The commission:
(a)
shall adopt rules in accordance with Title
63G, Chapter 3
, Utah Administrative
Rulemaking Act, governing the joint use of one advertisement described in
Subsection
(6)
by two or more taxing entities; and
(b)
subject to Section
45-1-101
, may authorize a taxing entity's use of a
commission-approved direct notice to each taxpayer if:
(i)
the direct notice is different and separate from the notice required under Section
59-2-919.1
; and
(ii)
the taxing entity petitions the commission for the use of a commission-approved
direct notice.
(8)
(a)
(i)
On or before June 1, a fiscal year taxing entity shall notify the commission
and the county auditor of the date, time, and place of the public hearing described
in Subsection
(4)(b)
.
(ii)
On or before October 1 of the current calendar year, a calendar year taxing entity
shall notify the commission and the county auditor of the date, time, and place of
the public hearing described in Subsection
(3)(a)(v)
.
(b)
(i)
A public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
shall be:
(A)
open to the public;
(B)
held at a meeting of the taxing entity with no items on the agenda other than
discussion and action on the taxing entity's intent to levy a tax rate that exceeds
the taxing entity's certified tax rate, the taxing entity's budget, a special
district's or special service district's fee implementation or increase, or a
combination of these items; and
(C)
available for individuals to attend or participate either in person or remotely
through electronic means.
(ii)
The governing body of a taxing entity conducting a public hearing described in
Subsection
(3)(a)(v)
or
(4)(b)
shall:
(A)
state the dollar amount of additional ad valorem tax revenue that would be
generated each year by the proposed increase in the certified tax rate;
(B)
explain the reasons for the proposed tax increase, including the taxing entity's
intended use of additional ad valorem tax revenue described in Subsection
(8)(b)(ii)(A)
;
(C)
if the county auditor compiles the list required by Section
59-2-919.2
, present
the list at the public hearing and make the list available on the taxing entity's
public website; and
(D)
provide an interested party desiring to be heard an opportunity to present oral
testimony within reasonable time limits and without unreasonable restriction
on the number of individuals allowed to make public comment.
(c)
(i)
Except as provided in Subsection
(8)(c)(ii)
, a taxing entity may not schedule a
public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
at the same time as the
public hearing of another overlapping taxing entity in the same county.
(ii)
The taxing entities in which the power to set tax levies is vested in the same
governing board or authority may consolidate the public hearings described in
Subsection
(3)(a)(v)
or
(4)(b)
into one public hearing.
(d)
The county auditor shall resolve any conflict in public hearing dates and times after
consultation with each affected taxing entity.
(e)
(i)
A taxing entity shall hold a public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
beginning at or after 6 p.m.
(ii)
If a taxing entity holds a public meeting for the purpose of addressing general
business of the taxing entity on the same date as a public hearing described in
Subsection
(3)(a)(v)
or
(4)(b)
, the public meeting addressing general business
items shall conclude before the beginning of the public hearing described in
Subsection
(3)(a)(v)
or
(4)(b)
.
(f)
(i)
Except as provided in Subsection
(8)(f)(ii)
, a taxing entity may not hold the
public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
on the same date as
another public hearing of the taxing entity.
(ii)
A taxing entity may hold the following hearings on the same date as a public
hearing described in Subsection
(3)(a)(v)
or
(4)(b)
:
(A)
a budget hearing;
(B)
if the taxing entity is a special district or a special service district, a fee
hearing described in Section
17B-1-643
;
(C)
if the taxing entity is a town, an enterprise fund hearing described in Section
10-5-107.5
; or
(D)
if the taxing entity is a city, an enterprise fund hearing described in Section
10-6-135.5
.
(9)
(a)
If a taxing entity does not make a final decision on budgeting additional ad
valorem tax revenue at a public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
,
the taxing entity shall:
(i)
announce at that public hearing the scheduled time and place of the next public
meeting at which the taxing entity will consider budgeting the additional ad
valorem tax revenue; and
(ii)
if the taxing entity is a fiscal year taxing entity, hold the public meeting described
in Subsection
(9)(a)(i)
before September 1.
(b)
A calendar year taxing entity may not adopt a final budget that budgets an amount of
additional ad valorem tax revenue that exceeds the largest amount of additional ad
valorem tax revenue stated at a public meeting under Subsection
(3)(a)(i)
.
(c)
A public hearing on levying a tax rate that exceeds a fiscal year taxing entity's
certified tax rate may coincide with a public hearing on the fiscal year taxing entity's
proposed annual budget.
(10)
(a)
A county auditor may conduct an audit to verify a taxing entity's compliance
with Subsection
(8)
.
(b)
If the county auditor, after completing an audit, finds that a taxing entity has failed to
meet the requirements of Subsection
(8)
, the county auditor shall prepare and submit
a report of the auditor's findings to the commission.
(c)
The commission may not certify a tax rate that exceeds a taxing entity's certified tax
rate if, on or before September 15 of the year in which the taxing entity is required to
hold the public hearing described in Subsection
(3)(a)(v)
or
(4)(b)
, the commission
determines that the taxing entity has failed to meet the requirements of
Subsection
(8)
this section
.
(11)
For a fiscal year within a truth-in-taxation exemption period, a taxing entity may adopt
a budget that is equal to or less than the base year budgeted revenue without complying
with this section.
(12)
Notwithstanding Subsection
(10)(c)
, if the commission determines that a fiscal year
taxing entity proposing a tax rate increase for the fiscal year beginning on July 1, 2026,
has failed to meet the requirements of Subsection
(4)(a)
or
(b)
:
(a)
Subsection
(10)(c)
does not apply, unless the commission determines that the taxing
entity has failed to meet a requirement in this section other than the requirements of
Subsection
(4)(a)
or
(b)
; and
(b)
the commission shall provide notice to the taxing entity:
(i)
notifying the taxing entity of the taxing entity's failure to meet the requirements of
Subsection
(4)(a)
or
(b)
; and
(ii)
explaining to the taxing entity that failure to meet the requirements of Subsection
(4)(a)
or
(b)
for a subsequent fiscal year will result in the commission not
certifying the taxing entity's proposed tax rate increase.
Section 2. Section
59-2-923
is amended to read:
59-2-923
. Expenditures of money prior to adoption of budget or tax rate.
A
Except as provided in Subsection
59-2-924(8)
, a
taxing entity may, before the taxing
entity adopts a final annual budget or a tax rate, expend money on the basis of the taxing
entity's:
(1)
tentative budget after adoption of the tentative budget; or
(2)
prior year's adopted final budget as amended, which shall be readopted by resolution at
a meeting of the taxing entity's governing body.
Section 3. Section
59-2-924
is amended to read:
59-2-924
. Definitions -- Report of valuation of property to county auditor and
commission -- Transmittal by auditor to governing bodies -- Calculation of certified tax
rate -- Rulemaking authority -- Budgeting requirements -- Notice provided by the
commission.
(1)
As used in this section:
(a)
"Additional ad valorem tax revenue" means the same as that term is defined in
Section
59-2-919
.
(a)
(b)
(i)
"Ad valorem property tax revenue" means revenue collected in accordance
with this chapter.
(ii)
"Ad valorem property tax revenue" does not include:
(A)
interest;
(B)
penalties;
(C)
collections from redemptions; or
(D)
revenue received by a taxing entity from personal property that is
semiconductor manufacturing equipment assessed by a county assessor in
accordance with Part 3, County Assessment.
(b)
(c)
"Adjusted tax increment" means the same as that term is defined in Section
17C-1-102
.
(c)
(d)
(i)
"Aggregate taxable value of all property taxed" means:
(A)
the aggregate taxable value of all real property a county assessor assesses in
accordance with Part 3, County Assessment, for the current year;
(B)
the aggregate taxable value of all real and personal property the commission
assesses in accordance with Part 2, Assessment of Property, for the current
year; and
(C)
the aggregate year end taxable value of all personal property a county assessor
assesses in accordance with Part 3, County Assessment, contained on the prior
year's tax rolls of the taxing entity.
(ii)
"Aggregate taxable value of all property taxed" does not include the aggregate
year end taxable value of personal property that is:
(A)
semiconductor manufacturing equipment assessed by a county assessor in
accordance with Part 3, County Assessment; and
(B)
contained on the prior year's tax rolls of the taxing entity.
(d)
(e)
"Base taxable value" means:
(i)
for an authority created under Section
11-58-201
, the same as that term is defined
in Section
11-58-102
;
(ii)
for the Point of the Mountain State Land Authority created in Section
11-59-201
,
the same as that term is defined in Section
11-59-207
;
(iii)
for the Utah Fairpark Area Investment and Restoration District created in Section
11-70-201
, the same as that term is defined in Section
11-70-101
;
(iv)
for an agency created under Section
17C-1-201.5
, the same as that term is
defined in Section
17C-1-102
;
(v)
for an authority created under Section
63H-1-201
, the same as that term is defined
in Section
63H-1-102
;
(vi)
for a host local government, the same as that term is defined in Section
63N-2-502
;
(vii)
for a housing and transit reinvestment zone or convention center reinvestment
zone created under Title 63N, Chapter 3, Part 6, Housing and Transit
Reinvestment Zone Act, the same as that term is defined in Section
63N-3-602
;
(viii)
for a home ownership promotion zone created under Title 10, Chapter 21, Part 5,
Home Ownership Promotion Zone for Municipalities, or Title 17, Chapter 80, Part
5, Home Ownership Promotion Zone, a property's taxable value as shown upon
the assessment roll last equalized during the base year, as that term is defined in
Section
10-21-101
or Section
17-80-101
;
(ix)
for a first home investment zone created under Title 63N, Chapter 3, Part 16,
First Home Investment Zone Act, a property's taxable value as shown upon the
assessment roll last equalized during the base year, as that term is defined in
Section
63N-3-1601
;
(x)
for a major sporting event venue zone created under Title 63N, Chapter 3, Part 17,
Major Sporting Event Venue Zone Act, a property's taxable value as shown upon
the assessment roll last equalized during the property tax base year, as that term is
defined in Section
63N-3-1701
; or
(xi)
for an electrical energy development zone created under Section
79-6-1104
, the
value of the property within an electrical energy development zone, as shown on
the assessment roll last equalized before the creation of the electrical development
zone, as that term is defined in Section
79-6-1104
.
(e)
(f)
"Centrally assessed benchmark value" means an amount equal to the average
year end taxable value of real and personal property the commission assesses in
accordance with Part 2, Assessment of Property, for the previous three calendar
years, adjusted for taxable value attributable to:
(i)
an annexation to a taxing entity;
(ii)
an incorrect allocation of taxable value of real or personal property the
commission assesses in accordance with Part 2, Assessment of Property; or
(iii)
a change in value as a result of a change in the method of apportioning the value
prescribed by the Legislature, a court, or the commission in an administrative rule
or administrative order.
(f)
(g)
"Centrally assessed industry" means the following industry classes the
commission assesses in accordance with Part 2, Assessment of Property:
(i)
air carrier;
(ii)
coal;
(iii)
coal load out property;
(iv)
electric generation;
(v)
electric rural;
(vi)
electric utility;
(vii)
gas utility;
(viii)
ground access property;
(ix)
land only property;
(x)
liquid pipeline;
(xi)
metalliferous mining;
(xii)
nonmetalliferous mining;
(xiii)
oil and gas gathering;
(xiv)
oil and gas production;
(xv)
oil and gas water disposal;
(xvi)
railroad;
(xvii)
sand and gravel; and
(xviii)
uranium.
(g)
(h)
(i)
"Centrally assessed new growth" means the greater of:
(A)
for each centrally assessed industry, zero; or
(B)
the amount calculated by subtracting the centrally assessed benchmark value
for each centrally assessed industry, adjusted for prior year end incremental
value, from the taxable value of real and personal property the commission
assesses in accordance with Part 2, Assessment of Property, for each centrally
assessed industry for the current year, adjusted for current year incremental
value.
(ii)
"Centrally assessed new growth" does not include a change in value for a
centrally assessed industry as a result of a change in the method of apportioning
the value prescribed by the Legislature, a court, or the commission in an
administrative rule or administrative order.
(h)
(i)
"Certified tax rate" means a tax rate that will provide the same ad valorem
property tax revenue for a taxing entity as was budgeted by that taxing entity for the
prior year.
(i)
(j)
"Community reinvestment agency" means the same as that term is defined in
Section
17C-1-102
.
(k)
"Department" means a functional unit within a taxing entity that, in accordance with
the Uniform Accounting Manual for Utah Cities, carries on a specific activity.
(j)
(l)
"Eligible new growth" means the greater of:
(i)
zero; or
(ii)
the sum of:
(A)
locally assessed new growth;
(B)
centrally assessed new growth; and
(C)
project area new growth or hotel property new growth.
(m)
"Fiscal year taxing entity" means a taxing entity that operates under a fiscal year that
begins on July 1 and ends on June 30.
(k)
(n)
"Host local government" means the same as that term is defined in Section
63N-2-502
.
(l)
(o)
"Hotel property" means the same as that term is defined in Section
63N-2-502
.
(m)
(p)
"Hotel property new growth" means an amount equal to the incremental value
that is no longer provided to a host local government as incremental property tax
revenue.
(n)
(q)
"Incremental property tax revenue" means the same as that term is defined in
Section
63N-2-502
.
(o)
(r)
"Incremental value" means:
(i)
for an authority created under Section
11-58-201
, the amount calculated by
multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property that is located within a project area and on which property tax
differential is collected; and
(B)
the number that represents the percentage of the property tax differential that
is paid to the authority;
(ii)
for the Point of the Mountain State Land Authority created in Section
11-59-201
,
an amount calculated by multiplying:
(A)
the difference between the current assessed value of the property and the base
taxable value; and
(B)
the number that represents the percentage of the property tax augmentation, as
defined in Section
11-59-207
, that is paid to the Point of the Mountain State
Land Authority;
(iii)
for the Utah Fairpark Area Investment and Restoration District created in Section
11-70-201
, the amount calculated by multiplying:
(A)
the difference between the taxable value for the current year and the base
taxable value of the property that is located within a project area; and
(B)
the number that represents the percentage of enhanced property tax revenue,
as defined in Section
11-70-101
;
(iv)
for an agency created under Section
17C-1-201.5
, the amount calculated by
multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property located within a project area and on which tax increment is collected;
and
(B)
the number that represents the adjusted tax increment from that project area
that is paid to the agency;
(v)
for an authority created under Section
63H-1-201
, the amount calculated by
multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property located within a project area and on which property tax allocation is
collected; and
(B)
the number that represents the percentage of the property tax allocation from
that project area that is paid to the authority;
(vi)
for a housing and transit reinvestment zone or convention center reinvestment
zone created in accordance with Title 63N, Chapter 3, Part 6, Housing and Transit
Reinvestment Zone Act, an amount calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property that is located within a housing and transit reinvestment zone or
convention center reinvestment zone and on which tax increment is collected;
and
(B)
the number that represents the percentage of the tax increment that is paid to
the housing and transit reinvestment zone or convention center reinvestment
zone;
(vii)
for a host local government, an amount calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
hotel property on which incremental property tax revenue is collected; and
(B)
the number that represents the percentage of the incremental property tax
revenue from that hotel property that is paid to the host local government;
(viii)
for a home ownership promotion zone created under Title 10, Chapter 21, Part 5,
Home Ownership Promotion Zone for Municipalities, or Title 17, Chapter 80, Part
5, Home Ownership Promotion Zone, an amount calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property that is located within a home ownership promotion zone and on which
tax increment is collected; and
(B)
the number that represents the percentage of the tax increment that is paid to
the home ownership promotion zone;
(ix)
for a first home investment zone created in accordance with Title 63N, Chapter
3, Part 16, First Home Investment Zone Act, an amount calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property that is located within a first home investment zone and on which tax
increment is collected; and
(B)
the number that represents the percentage of the tax increment that is paid to
the first home investment zone;
(x)
for a major sporting event venue zone created
pursuant to
in accordance with

Title 63N, Chapter 3, Part 17, Major Sporting Event Venue Zone Act, an amount
calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property located within a qualified development zone for a major sporting
event venue zone and upon which property tax increment is collected; and
(B)
the number that represents the percentage of tax increment that is paid to the
major sporting event venue zone, as approved by a major sporting event venue
zone committee described in Section
63N-1a-1706
; or
(xi)
for an electrical energy development zone created under Section
79-6-1104
, the
amount calculated by multiplying:
(A)
the difference between the taxable value and the base taxable value of the
property that is located within the electrical energy developmental zone; and
(B)
the number that represents the percentage of the tax increment that is paid to a
community reinvestment agency and the Electrical Energy Development
Investment Fund created in Section
79-6-1105
.
(s)
"Interim budget" means the final tentative budget for a fiscal year taxing entity that in
accordance with Subsection
(8)(a)
, proposes a tax rate increase for the ensuing fiscal
year period that is in effect for the period beginning July 1 and ending after the date
on which the taxing entity, before September 1, adopts a final budget.
(p)
(t)
(i)
"Locally assessed new growth" means the greater of:
(A)
zero; or
(B)
the amount calculated by subtracting the year end taxable value of real
property the county assessor assesses in accordance with Part 3, County
Assessment, for the previous year, adjusted for prior year end incremental
value from the taxable value of real property the county assessor assesses in
accordance with Part 3, County Assessment, for the current year, adjusted for
current year incremental value.
(ii)
"Locally assessed new growth" does not include a change in:
(A)
value as a result of factoring in accordance with Section
59-2-704
, reappraisal,
or another adjustment;
(B)
assessed value based on whether a property is allowed a residential exemption
for a primary residence under Section
59-2-103
;
(C)
assessed value based on whether a property is assessed under Part 5, Farmland
Assessment Act; or
(D)
assessed value based on whether a property is assessed under Part 17, Urban
Farming Assessment Act.
(q)
(u)
"Project area" means:
(i)
for an authority created under Section
11-58-201
, the same as that term is defined
in Section
11-58-102
;
(ii)
for the Utah Fairpark Area Investment and Restoration District created in Section
11-70-201
, the same as that term is defined in Section
11-70-101
;
(iii)
for an agency created under Section
17C-1-201.5
, the same as that term is
defined in Section
17C-1-102
;
(iv)
for an authority created under Section
63H-1-201
, the same as that term is
defined in Section
63H-1-102
;
(v)
for a housing and transit reinvestment zone or convention center reinvestment
zone created under Title 63N, Chapter 3, Part 6, Housing and Transit
Reinvestment Zone Act, the same as that term is defined in Section
63N-3-602
;
(vi)
for a home ownership promotion zone created under Title 10, Chapter 21, Part 5,
Home Ownership Promotion Zone for Municipalities, or Title 17, Chapter 80, Part
5, Home Ownership Promotion Zone, the same as that term is defined in Section
10-21-101
or Section
17-80-101
;
(vii)
for a first home investment zone created under Title 63N, Chapter 3, Part 16,
First Home Investment Zone Act, the same as that term is defined in Section
63N-3-1601
; or
(viii)
for a major sporting event venue zone established under Title 63N, Chapter 3,
Part 17, Major Sporting Event Venue Zone Act, the qualified development zone,
as defined in Section
63N-3-1701
.
(r)
(v)
"Project area new growth" means:
(i)
for an authority created under Section
11-58-201
, an amount equal to the
incremental value that is no longer provided to an authority as property tax
differential;
(ii)
for the Point of the Mountain State Land Authority created in Section
11-59-201
,
an amount equal to the incremental value that is no longer provided to the Point of
the Mountain State Land Authority as property tax augmentation, as defined in
Section
11-59-207
;
(iii)
for the Utah Fairpark Area Investment and Restoration District created in Section
11-70-201
, an amount equal to the incremental value that is no longer provided to
the Utah Fairpark Area Investment and Restoration District;
(iv)
for an agency created under Section
17C-1-201.5
, an amount equal to the
incremental value that is no longer provided to an agency as tax increment;
(v)
for an authority created under Section
63H-1-201
, an amount equal to the
incremental value that is no longer provided to an authority as property tax
allocation;
(vi)
for a housing and transit reinvestment zone or convention center reinvestment
zone created under Title 63N, Chapter 3, Part 6, Housing and Transit
Reinvestment Zone Act, an amount equal to the incremental value that is no
longer provided to a housing and transit reinvestment zone or convention center
reinvestment zone as tax increment;
(vii)
for a home ownership promotion zone created under Title 10, Chapter 21, Part 5,
Home Ownership Promotion Zone for Municipalities, or Title 17, Chapter 80, Part
5, Home Ownership Promotion Zone, an amount equal to the incremental value
that is no longer provided to a home ownership promotion zone as tax increment;
(viii)
for a first home investment zone created under Title 63N, Chapter 3, Part 16,
First Home Investment Zone Act, an amount equal to the incremental value that is
no longer provided to a first home investment zone as tax increment; or
(ix)
for a major sporting event venue zone created under Title 63N, Chapter 3, Part 17,
Major Sporting Event Venue Zone Act, an amount equal to the incremental value
that is no longer provided to the creating entity of a major sporting event venue
zone as property tax increment.
(s)
(w)
"Project area incremental revenue" means the same as that term is defined in
Section
17C-1-1001
.
(t)
(x)
"Property tax allocation" means the same as that term is defined in Section
63H-1-102
.
(u)
(y)
"Property tax differential" means the same as that term is defined in Sections
11-58-102
and
79-6-1104
.
(z)
"Property tax impact schedule" means a schedule of expenditures that, in accordance
with Subsection
(8)(b)
, is included in the interim budget for a fiscal year taxing entity
that proposes a tax rate increase for the ensuing fiscal year period.
(v)
(aa)
"Tax increment" means:
(i)
for a project created under Section
17C-1-201.5
, the same as that term is defined
in Section
17C-1-102
;
(ii)
for a housing and transit reinvestment zone or convention center reinvestment
zone created under Title 63N, Chapter 3, Part 6, Housing and Transit
Reinvestment Zone Act, the same as the term "property tax increment" is defined
in Section
63N-3-602
;
(iii)
for a home ownership promotion zone created under Title 10, Chapter 21, Part 5,
Home Ownership Promotion Zone for Municipalities, or Title 17, Chapter 80, Part
5, Home Ownership Promotion Zone, the same as that term is defined in Section
10-21-101
or Section
17-80-101
;
(iv)
for a first home investment zone created under Title 63N, Chapter 3, Part 16,
First Home Investment Zone Act, the same as that term is defined in Section
63N-3-1601
; or
(v)
for a major sporting event venue zone created under Title 63N, Chapter 3, Part 17,
Major Sporting Event Venue Zone Act, property tax increment, as that term is
defined in Section
63N-3-1701
.
(2)
Before June 1 of each year, each county assessor shall deliver to the county auditor and
the commission the following statements:
(a)
a statement containing the aggregate valuation of all taxable real property a county
assessor assesses in accordance with Part 3, County Assessment, for each taxing
entity; and
(b)
a statement containing the taxable value of all personal property a county assessor
assesses in accordance with Part 3, County Assessment, from the prior year end
values.
(3)
The county auditor shall, on or before June
8
13
, transmit to the governing body of
each taxing entity:
(a)
the statements described in Subsections
(2)(a)
and
(b)
;
(b)
an estimate of the revenue from personal property;
(c)
the certified tax rate; and
(d)
all forms necessary to submit a tax levy request.
(4)
(a)
Except as otherwise provided in this section, the certified tax rate shall be
calculated by dividing the ad valorem property tax revenue that a taxing entity
budgeted for the prior year by the amount calculated under Subsection
(4)(b)
.
(b)
For purposes of Subsection
(4)(a)
, the legislative body of a taxing entity shall
calculate an amount as follows:
(i)
calculate for the taxing entity the difference between:
(A)
the aggregate taxable value of all property taxed; and
(B)
any adjustments for current year incremental value;
(ii)
after making the calculation required by Subsection
(4)(b)(i)
, calculate an amount
determined by increasing or decreasing the amount calculated under Subsection
(4)(b)(i)
by the average of the percentage net change in the value of taxable
property for the equalization period for the three calendar years immediately
preceding the current calendar year;
(iii)
after making the calculation required by Subsection
(4)(b)(ii)
, calculate the
product of:
(A)
the amount calculated under Subsection
(4)(b)(ii)
; and
(B)
the percentage of property taxes collected for the five calendar years
immediately preceding the current calendar year; and
(iv)
after making the calculation required by Subsection
(4)(b)(iii)
, calculate an
amount determined by:
(A)
multiplying the percentage of property taxes collected for the five calendar
years immediately preceding the current calendar year by eligible new growth;
and
(B)
subtracting the amount calculated under Subsection
(4)(b)(iv)(A)
from the
amount calculated under Subsection
(4)(b)(iii)
.
(5)
A certified tax rate for a taxing entity described in this Subsection
(5)
shall be calculated
as follows:
(a)
except as provided in Subsection
(5)(b)
or
(c)
, for a new taxing entity, the certified
tax rate is zero;
(b)
for a municipality incorporated on or after July 1, 1996, the certified tax rate is:
(i)
in a county of the first, second, or third class, the levy imposed for municipal-type
services under Title 17, Chapter 78, Part 5, Provision of Municipal-Type Services
to Unincorporated Areas; and
(ii)
in a county of the fourth, fifth, or sixth class, the levy imposed for general county
purposes and such other levies imposed solely for the municipal-type services
identified in Section
17-78-501
and Subsection
17-63-101(23)
;
(c)
for a community reinvestment agency that received all or a portion of a taxing
entity's project area incremental revenue in the prior year under Title 17C, Chapter 1,
Part 10, Agency Taxing Authority, the certified tax rate is calculated as described in
Subsection
(4)
except that the commission shall treat the total revenue transferred to
the community reinvestment agency as ad valorem property tax revenue that the
taxing entity budgeted for the prior year; and
(d)
for debt service voted on by the public, the certified tax rate is the actual levy
imposed by that section, except that a certified tax rate for the following levies shall
be calculated in accordance with Section
59-2-913
and this section:
(i)
a school levy provided for under Section
53F-8-301
,
53F-8-302
, or
53F-8-303
; and
(ii)
a levy to pay for the costs of state legislative mandates or judicial or
administrative orders under Section
59-2-1602
.
(6)
(a)
A taxing entity may impose a judgment levy under Section
59-2-1328
or
59-2-1330
at a rate that is sufficient to generate only the revenue required to satisfy
one or more eligible judgments.
(b)
The ad valorem property tax revenue generated by a judgment levy described in
Subsection
(6)(a)
may not be considered in establishing a taxing entity's aggregate
certified tax rate.
(7)
(a)
For the purpose of calculating the certified tax rate, the county auditor shall use:
(i)
the taxable value of real property:
(A)
the county assessor assesses in accordance with Part 3, County Assessment;
and
(B)
contained on the assessment roll;
(ii)
the year end taxable value of personal property:
(A)
a county assessor assesses in accordance with Part 3, County Assessment; and
(B)
contained on the prior year's assessment roll; and
(iii)
the taxable value of real and personal property the commission assesses in
accordance with Part 2, Assessment of Property.
(b)
For purposes of Subsection
(7)(a)
, taxable value does not include eligible new
growth.
(8)
(a)
On or before June 30
of each year
, a
fiscal year
taxing entity
that proposes an
increase to the certified tax rate for the ensuing fiscal year period
shall
adopt a
tentative budget.
:
(i)
prepare and adopt an interim budget that:
(A)
is based on the taxing entity's proposed tax rate increase;
(B)
includes a property tax impact schedule, subject to the requirements of
Subsection
(8)(b)
; and
(C)
is in effect for the period beginning on July 1 and ending after the date on
which the taxing entity, subject to the requirements of Section
59-2-919
, adopts
a budget;
(ii)
present and make available to the public the property tax impact schedule
described in Subsection
(8)(a)(i)(B)
:
(A)
at each public hearing held prior to June 30 at which the taxing entity
discusses the taxing entity's proposed general fund budget for the ensuing fiscal
year period; and
(B)
as a separate document from all other budget documents; and
(iii)
subject to Subsection
(8)(c)
, set aside, in a restricted budget account, an amount
of the taxing entity's general fund revenue that is no less than the amount of
additional ad valorem tax revenue that would be generated by the taxing entity's
proposed tax rate increase.
(b)
The property tax impact schedule described in Subsection
(8)(a)(i)(B)
shall:
(i)
specify:
(A)
the approximate dollar amount of additional ad valorem tax revenue that
would be generated by the proposed tax rate increase;
(B)
the approximate percentage increase in tax revenue based on the proposed tax
rate increase;
(C)
the approximate percentage increase to the amount of property taxes paid on
an average residence per year as a result of the proposed tax rate increase; and
(D)
the approximate percentage increase to the amount of property taxes paid on
an average commercial property per year as a result of the proposed tax rate
increase; and
(ii)
for each department of the taxing entity whose budget would be affected by the
proposed tax rate increase:
(A)
outline the budget increase or decrease to the department as a result of the
proposed tax rate increase; and
(B)
articulate the operational impact to the department if the taxing entity
approves the proposed tax rate increase.
(c)
A taxing entity subject to this Subsection
(8)
may not expend or otherwise obligate
the revenue that the taxing entity sets aside in a restricted budget account, as required
by Subsection
(8)(a)(iii)
, for the period beginning on July 1 and ending after the date
on which the taxing entity, subject to the requirements of Section
59-2-919
, adopts a
budget.
(d)
A county shall include the property tax impact schedule described in Subsection
(8)(a)(i)(B)
as part of the county notice provided under Section
59-2-919.1
, if
requested and paid for by the taxing entity.
(b)
(e)
If a taxing entity intends to exceed the certified tax rate, the taxing entity shall
notify the county auditor of:
(i)
the taxing entity's intent to exceed the certified tax rate; and
(ii)
the amount by which the taxing entity proposes to exceed the certified tax rate.
(c)
(f)
The county auditor shall notify property owners of any intent to levy a tax rate
that exceeds the certified tax rate in accordance with Sections
59-2-919
and
59-2-919.1
.
(9)
On or before June 30, a fiscal year taxing entity shall adopt a budget if the taxing entity
does not propose an increase to the certified tax rate for the ensuing fiscal year period.
(9)
(10)
(a)
Subject to Subsection
(9)(d)
(10)(d)
, the commission shall provide notice,
through electronic means on or before July 31, to a taxing entity and the Revenue and
Taxation Interim Committee if:
(i)
the amount calculated under Subsection
(9)(b)
(10)(b)
is 10% or more of the year
end taxable value of the real and personal property the commission assesses in
accordance with Part 2, Assessment of Property, for the previous year, adjusted
for prior year end incremental value; and
(ii)
the amount calculated under Subsection
(9)(c)
(10)(c)
is 50% or more of the total
year end taxable value of the real and personal property of a taxpayer the
commission assesses in accordance with Part 2, Assessment of Property, for the
previous year.
(b)
For purposes of Subsection
(9)(a)(i)
(10)(a)(i)
, the commission shall calculate an
amount by subtracting the taxable value of real and personal property the commission
assesses in accordance with Part 2, Assessment of Property, for the current year,
adjusted for current year incremental value, from the year end taxable value of the
real and personal property the commission assesses in accordance with Part 2,
Assessment of Property, for the previous year, adjusted for prior year end
incremental value.
(c)
For purposes of Subsection
(9)(a)(ii)
(10)(a)(ii)
, the commission shall calculate an
amount by subtracting the total taxable value of real and personal property of a
taxpayer the commission assesses in accordance with Part 2, Assessment of Property,
for the current year, from the total year end taxable value of the real and personal
property of a taxpayer the commission assesses in accordance with Part 2,
Assessment of Property, for the previous year.
(d)
The notification under Subsection
(9)(a)
(10)(a)
shall include a list of taxpayers that
meet the requirement under Subsection
(9)(a)(ii)
(10)(a)(ii)
.
Section 4.
Effective Date.
This bill takes effect on
May 6, 2026
.
Section 5.
Coordinating H.B. 236 with S.B. 238.
If H.B. 236, Truth in Taxation Amendments, and S.B. 238, Property Tax Adjustments,
both pass and become law, the Legislature intends that, on May 6, 2026, Subsection
59-2-919(12), enacted in H.B. 236, be renumbered and amended to read:
"(13) Notwithstanding Subsection (12)(c), if the commission determines that a fiscal year
taxing entity proposing a tax rate increase for the fiscal year beginning on July 1, 2026, has
failed to meet the requirements of Subsection (4)(a) or (b):
(a) Subsection (12)(c) does not apply, unless the commission determines that the taxing
entity has failed to meet a requirement in this section other than the requirements of
Subsection (4)(a) or (b); and
(b) the commission shall provide notice to the taxing entity:
(i) notifying the taxing entity of the taxing entity's failure to meet the requirements of
Subsection (4)(a) or (b); and
(ii) explaining to the taxing entity that failure to meet the requirements of Subsection (4)(a)
or (b) for a subsequent fiscal year will result in the commission not certifying the taxing
entity's proposed tax rate increase.".
3-12-26 11:07 AM