59-2-1103 - State lands exemption -- Exceptions to exemption. - Utah Statutes

59-2-1103. State lands exemption -- Exceptions to exemption.
(1) Lands to which title remains in the state, which are held or occupied by any personunder a contract of sale or lease from the state, are exempt from taxation.
(2) This section does not exempt the taxation of:
(a) improvements on state lands;
(b) (i) any interest in state lands to the extent of money paid or due in part payment of thepurchase price, regardless of whether an extension of payment was granted prior to the levying ofthis tax; or
(ii) any interest remaining in the state in state lands after subtracting amounts paid or duein part payment of the purchase price as provided in Subsection (2)(b)(i) under a contract of salethat is subject to the privilege tax under Subsection 59-4-101(1)(b); or
(c) land otherwise subject to the privilege tax under Section 59-4-101.
(3) (a) If final payment has been made under Subsection (1) on state lands, the contract ofsale shall be regarded as passing title to the purchaser or assignee.
(b) The state agency from which the interest was purchased shall certify the receipt offinal payment to the commission.
(4) Any tax levied on the interest of a purchaser of state lands before title passes to thepurchaser or assignee shall be collected in the same manner as taxes on personal property.
(5) The interest of a purchaser of state lands is subject to sale for delinquent taxes in thesame manner as personal property.
(6) (a) If any interest in state lands is sold for delinquent taxes, the officer making the saleshall issue a certificate of sale.
(b) When filed with the state agency from which the interest was purchased, thecertificate or certified copy operates as an assignment of the interest of the original purchaser orassignee to the purchaser at the tax sale.

Amended by Chapter 155, 1996 General Session