17C-1-413 - Base taxable value for new tax.
17C-1-413. Base taxable value for new tax.
For purposes of calculating tax increment with respect to a tax that a taxing entity leviesfor the first time after the effective date of the project area plan, the base taxable value shall beused, subject to any adjustments under Section 17C-1-408.
Renumbered and Amended by Chapter 359, 2006 General Session