Property Tax Assistance For Primary Residences

# (1)

A county shall provide property tax assistance to owners of primary residences certified by the department of revenue pursuant to 15-6-703 . The assistance is provided with funding from the state property tax assistance account distributed to the county as provided in 15-6-702 .

# (2)

# (a)

Except as provided in subsection (2)(b), the county treasurer shall provide the property tax assistance distributed pursuant to 15-6-702 to each primary residence by listing the property tax assistance amount as a credit on the property tax bill as provided in 15-16-101 (2)(a)(v).

# (b)

If the property tax assistance calculated pursuant to 15-6-702 (2). exceeds the property tax billed for an individual property, the county may retain the revenue that exceeds the property tax billed.

# (3)

The owner of a primary residence that receives property tax assistance under this section is not prohibited from receiving property tax assistance under another property tax assistance program.

# (4)

State property tax assistance provided to counties pursuant to this section may not affect the maximum mill calculation in 15-10-420 .