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State Land Use Enacted Legislation

Bill # State Year Party Topic

SB 65

UT 2021 R Affordable housing incentives and financing, Tax Increment Financing

Provided by Furman

Summary

  • Authorizes Community Reinvestment Agencies to levy a property tax on property within the agency’s boundaries if they enter into an interlocal agreement with an eligible taxing entity.
    • Requires Community Reinvestment Agencies that levy a property tax to allocate a portion of revenue equal to its housing allocation for affordable housing and allows such agencies that levy a property tax to use eminent domain for urban renewal or community reinvestment projects.

Provided by lawmakers

Bill Title

Community Reinvestment Agency Amendments

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