Use of revenue from a qualified development zone.
Utah Code § 17B-1-1405
in effect17B-1-1405. Use of revenue from a qualified development zone.
(1) As used in this section:
(a) "Eligible basic special district" means a basic special district:
(i) created before April 15, 2011; and
(ii) that issued limited general obligation bonds in 2024.
(b) "Qualified development zone" means the same as that term is defined in Subsection 59-12-205(7)(a)(ii)(E).
(2) An eligible basic special district may receive revenue from the tax imposed under Section 59-12-205.
(3) An eligible basic special district that receives revenue as described in Subsection (2) shall use the revenue:
(a) for any purpose the basic special district is authorized to perform under this chapter; and
(b)
(i) in a manner approved by the municipality where the qualified development zone is located; or
(ii) in a manner approved by a county, if the qualified development zone is located in an unincorporated area of the county.
Enacted by Chapter 490, 2025 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title17B/Chapter1/17B-1-S1405.html?v=C17B-1-S1405_2026010120250507Fetched: 10/26/2026