New Utah laws carve out property tax exemptions
Source: Associated Press
New Utah laws carve out property tax exemptions
By PAUL FOY, Associated Press
Updated 3:28 pm, Monday, December 31, 2012
SALT LAKE CITY (AP) — Real-estate tax exemptions for soldiers and urban farmers are among new laws taking effect in Utah for the New Year.
One military exemption is for U.S. service personnel who spend 200 days on active duty in a calendar year. Another is for military reservists left disabled by a tour of duty. Previously, only active-duty members who were left disabled by training or combat qualified.
A third tax break becoming available Tuesday is for urban farmers, who can take advantage of a lower tax rate by growing food on their land.
The property tax exemption for members of the armed forces who spend long tours on duty overseas was made in a constitutional amendment approved by voters in November.
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