59-2-1201 - Purpose of part. - Utah Statutes

59-2-1201. Purpose of part.
The purpose of this part is to provide general property tax relief for certain persons whoown or rent their places of residence through a system of tax credits, refunds, and appropriationsfrom the General Fund. The relief is to offset in part the general tax burden, a significant portionof which, directly or indirectly, is represented by property tax. Accordingly, the tax reliefprovided by this part is determined in part by reference to the property tax assessment andcollection mechanisms, but, however, is not limited to property tax relief nor is it formulatedupon the Legislature's power to relieve those taxes. It is for the general relief of all taxes.

Renumbered and Amended by Chapter 4, 1987 General Session