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Utah Senate weighs changes to green-belt property tax rules amid fiscal concerns
Summary
Senators debated amendments to the state—luebelt/green-belt property tax rules that supporters say will close abuses and opponents warn could shift costs to school funding. Lawmakers agreed to revise notice and rollback language and to re-circulate the bill for further drafting.
Senators spent an extended portion of Tuesday's floor session debating proposed changes to Utah's green-belt property tax provisions, focusing on who qualifies, when rollback taxes apply and which government bodies would shoulder potential costs.
Supporters of the amendments said the changes are aimed at stopping developers and some assessors from exploiting ambiguities to claim agricultural preferential treatment for parcels that have been platted or partially improved. Opponents cautioned the bill could lower local property-tax bases and force larger transfers from the state general fund into the uniform school fund if more parcels…
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