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Section 301.5 - Definitions -- Assessment of property if threatened or endangered species is present.

UT Code § 59-2-301.5 (2019) (N/A)
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(1) As used in this section: (a) "Endangered" is as defined in Section 23-13-2. (b) "Threatened" is as defined in Section 23-13-2.

(a) "Endangered" is as defined in Section 23-13-2.

(b) "Threatened" is as defined in Section 23-13-2.

(2) In assessing the fair market value of property, a county assessor shall consider as part of the determination of fair market value whether a threatened or endangered species is present on any portion of the property, including any impacts the presence of the threatened or endangered species has on: (a) the functionality of the property; (b) the ability to use the property; and (c) property rights.

(a) the functionality of the property;

(b) the ability to use the property; and

(c) property rights.

(3) This section does not prohibit a county assessor from including as part of a determination of the fair market value of property any other factor affecting the fair market value of the property.

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Section 301.4 - Definition -- Assessment of property after a reduction in value -- Other factors affecting fair market value -- County legislative body authority to reduce value or issue a refund after a valuation reduction.
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Section 301.6 - Definition -- Assessment of property having a diminished productive value.