Chapter 44 - FEE IN LIEU OF TAX SIMPLIFICATION ACT
- Section 12-44-10 - Short title
- Section 12-44-20 - Legislative findings
- Section 12-44-30 - Definitions
- Section 12-44-40 - Fee agreement; economic development property to be exempt from ad valorem taxation; exemption period; inducement resolution; location of exempt property; criteria to qualify as economic development property
- Section 12-44-50 - Contents of fee agreement; disposal of economic development property; reduction of fee
- Section 12-44-55 - Agreements; content requirements
- Section 12-44-60 - Replacement property; qualifications and conditions
- Section 12-44-70 - Use of revenues
- Section 12-44-80 - Distribution of fee payments
- Section 12-44-90 - Filing of returns, contracts, and other information; due date of payments and returns
- Section 12-44-100 - Sponsor committed to enhanced investment to continue to benefit from this chapter despite failure to make required investment where minimum investment met; assessment ratio
- Section 12-44-110 - Property previously subject to state property taxes not qualified to be economic development property; exceptions
- Section 12-44-120 - Transfers of interest in fee agreement and economic development property; sale-leaseback arrangement; requirements
- Section 12-44-130 - Minimum investment to qualify for fee; notice to department of all sponsors or sponsor affiliates with investments subject to fee
- Section 12-44-140 - Termination of fee agreement; automatic termination; minimum level of investment required to remain qualified for fee
- Section 12-44-150 - Projects to be taxable property at level of negotiated payments for purposes of bonded indebtedness and for computing index of taxpaying ability
- Section 12-44-160 - Transfer of title; qualification for a fee in lieu of taxes
- Section 12-44-170 - Economic development property; transfer of property to fee arrangement provided for by this chapter