Bill > HB0237

This bill modifies several sections of Utah law related to property taxes and fees when agricultural land is no longer used for its original purpose. The key changes increase the percentage of rollback tax funds that counties must deposit into an account for preserving open and agricultural land from 20% to 100%. The bill also adds a provision that if counties do not spend or obligate these funds within 10 years, they must transfer the remaining balance to the LeRay McAllister Working Farm and Ranch Fund. Additionally, the bill clarifies definitions of "agricultural land" and "open land" and adjusts procedures for how rollback taxes and in-lieu fee payments are collected and distributed when governmental entities acquire land that was previously used for agricultural purposes. The modifications aim to provide more consistent funding and support for land conservation efforts, ensuring that taxes collected from changes in land use are more directly used to preserve agricultural and open lands. The bill will take effect on May 7, 2025.

Budget and Finance

https://le.utah.gov/~2025/bills/static/HB0237.html