Utah Code > Title 63H > Chapter 1 – Military Installation Development Authority Act
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Terms Used In Utah Code > Title 63H > Chapter 1 - Military Installation Development Authority Act
- Accident and health insurance: means insurance to provide protection against economic losses resulting from:(1)(a)(i) a medical condition including:(1)(a)(i)(A) a medical care expense; or(1)(a)(i)(B) the risk of disability;(1)(a)(ii) accident; or(1)(a)(iii) sickness. See Utah Code 31A-1-301
- Administrator: includes "executor" when the subject matter justifies the use. See Utah Code 68-3-12.5
- Agency: means :
(6)(a) a person other than an individual, including a sole proprietorship by which an individual does business under an assumed name; and(6)(b) an insurance organization licensed or required to be licensed under Section31A-23a-301 ,31A-25-207 , or31A-26-209 . See Utah Code 31A-1-301- Allegation: something that someone says happened.
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Application: means a document:
(10)(a)(10)(a)(i) completed by an applicant to provide information about the risk to be insured; and(10)(a)(ii) that contains information that is used by the insurer to evaluate risk and decide whether to:(10)(a)(ii)(A) insure the risk under:(10)(a)(ii)(A)(I) the coverage as originally offered; or(10)(a)(ii)(A)(II) a modification of the coverage as originally offered; or(10)(a)(ii)(B) decline to insure the risk; or(10)(b) used by the insurer to gather information from the applicant before issuance of an annuity contract. See Utah Code 31A-1-301- Armed forces: means the United States Army, Navy, Air Force, Marine Corps, Space Force, and Coast Guard. See Utah Code 68-3-12.5
- Authority: means the Military Installation Development Authority, created under Section
63H-1-201 . See Utah Code 63H-1-102- Base taxable value: means :
(2)(a) for military land or other land that was exempt from a property tax at the time that a project area was created that included the military land or other land, a taxable value of zero; or(2)(b) for private property that is included in a project area, the taxable value of the property within any portion of the project area, as designated by board resolution, from which the property tax allocation will be collected, as shown upon the assessment roll last equalized:(2)(b)(i) before the year in which the authority creates the project area; or(2)(b)(ii) before the year in which the project area plan is amended, for property added to a project area by an amendment to a project area plan. See Utah Code 63H-1-102- Board: means the governing body of the authority created under Section
63H-1-301 . See Utah Code 63H-1-102- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Dedicated tax collections: means the property tax that remains after the authority is paid the property tax allocation the authority is entitled to receive under Subsection
63H-1-501 (1), for a property tax levied by:(4)(a)(i) a county, including a district the county has established under Subsection17-34-3 (2) to levy a property tax under Title 17, Chapter 34, Municipal-Type Services to Unincorporated Areas; or(4)(a)(ii) an included municipality. See Utah Code 63H-1-102- Deed: The legal instrument used to transfer title in real property from one person to another.
- Department: means the Insurance Department. See Utah Code 31A-1-301
- Develop: means to engage in development. See Utah Code 63H-1-102
- Development: includes the demolition, construction, reconstruction, modification, expansion, maintenance, operation, or improvement of a building, facility, utility, landscape, parking lot, park, trail, or recreational amenity. See Utah Code 63H-1-102
- Development project: means a project to develop land within a project area. See Utah Code 63H-1-102
- Director: means a member of the board of directors of a corporation. See Utah Code 31A-1-301
- Donor: The person who makes a gift.
- Employee: means :
(57)(a) an individual employed by an employer; or(57)(b) an individual who meets the requirements of Subsection (55)(b). See Utah Code 31A-1-301- Enrollee: includes an insured. See Utah Code 31A-1-301
- Equal: means , with respect to biological sex, of the same value. See Utah Code 68-3-12.5
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Health benefit plan: means a policy, contract, certificate, or agreement offered or issued by an insurer to provide, deliver, arrange for, pay for, or reimburse any of the costs of health care, including major medical expense coverage. See Utah Code 31A-1-301
- Health care: means any of the following intended for use in the diagnosis, treatment, mitigation, or prevention of a human ailment or impairment:
(83)(a) a professional service;(83)(b) a personal service;(83)(c) a facility;(83)(d) equipment;(83)(e) a device;(83)(f) supplies; or(83)(g) medicine. See Utah Code 31A-1-301- Health care provider: means the same as that term is defined in Section
78B-3-403 . See Utah Code 31A-1-301- health insurance: means insurance providing:
(84)(a)(i) a health care benefit; or(84)(a)(ii) payment of an incurred health care expense. See Utah Code 31A-1-301- Included municipality: means a municipality, some or all of which is included within a project area. See Utah Code 63H-1-102
- Individual: means a natural person. See Utah Code 31A-1-301
- Insurance: includes :
(96)(b)(i) a risk distributing arrangement providing for compensation or replacement for damages or loss through the provision of a service or a benefit in kind;(96)(b)(ii) a contract of guaranty or suretyship entered into by the guarantor or surety as a business and not as merely incidental to a business transaction; and(96)(b)(iii) a plan in which the risk does not rest upon the person who makes an arrangement, but with a class of persons who have agreed to share the risk. See Utah Code 31A-1-301- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Member: means a person having membership rights in an insurance corporation. See Utah Code 31A-1-301
- MIDA accommodations tax: means the tax imposed under Section
63H-1-205 . See Utah Code 63H-1-102- MIDA energy tax: means the tax levied under Section
63H-1-204 . See Utah Code 63H-1-102- Military: includes , in relation to property, property that is occupied by the military and is owned by the government of the United States, the authority, or the state. See Utah Code 63H-1-102
- Military land: includes land that is:
(13)(b)(i) owned or leased by the authority; and(13)(b)(ii) held or used for the benefit of the military. See Utah Code 63H-1-102- Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Municipal energy tax: means a municipal energy sales and use tax under Title 10, Chapter 1, Part 3, Municipal Energy Sales and Use Tax Act. See Utah Code 63H-1-102
- Municipal services revenue: means revenue that the authority:
(15)(a) collects from the authority's:(15)(a)(i) levy of a municipal energy tax;(15)(a)(ii) levy of a MIDA energy tax;(15)(a)(iii) levy of a telecommunications tax;(15)(a)(iv) imposition of a transient room tax; and(15)(a)(v) imposition of a resort communities tax;(15)(b) receives under Subsection59-12-205 (2)(a)(ii)(B); and(15)(c) receives as dedicated tax collections. See Utah Code 63H-1-102- Network provider: means a health care provider who has an agreement with a managed care organization to provide health care services to an enrollee with an expectation of receiving payment, other than coinsurance, copayments, or deductibles, directly from the managed care organization. See Utah Code 31A-1-301
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Order: means an order of the commissioner. See Utah Code 31A-1-301
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes :
(146)(a) an individual;(146)(b) a partnership;(146)(c) a corporation;(146)(d) an incorporated or unincorporated association;(146)(e) a joint stock company;(146)(f) a trust;(146)(g) a limited liability company;(146)(h) a reciprocal;(146)(i) a syndicate; or(146)(j) another similar entity or combination of entities acting in concert. See Utah Code 31A-1-301- Personal property: All property that is not real property.
- Personal property: includes :
(25)(a) money;(25)(b) goods;(25)(c) chattels;(25)(d) effects;(25)(e) evidences of a right in action;(25)(f) a written instrument by which a pecuniary obligation, right, or title to property is created, acknowledged, transferred, increased, defeated, discharged, or diminished; and(25)(g) a right or interest in an item described in Subsections (25)(a) through (f). See Utah Code 68-3-12.5- Plan year: means :
(149)(a) the year that is designated as the plan year in:(149)(a)(i) the plan document of a group health plan; or(149)(a)(ii) a summary plan description of a group health plan;(149)(b) if the plan document or summary plan description does not designate a plan year or there is no plan document or summary plan description:(149)(b)(i) the year used to determine deductibles or limits;(149)(b)(ii) the policy year, if the plan does not impose deductibles or limits on a yearly basis; or(149)(b)(iii) the employer's taxable year if:(149)(b)(iii)(A) the plan does not impose deductibles or limits on a yearly basis; and(149)(b)(iii)(B)(149)(b)(iii)(B)(I) the plan is not insured; or(149)(b)(iii)(B)(II) the insurance policy is not renewed on an annual basis; or(149)(c) in a case not described in Subsection (149)(a) or (b), the calendar year. See Utah Code 31A-1-301- Policy: includes a service contract issued by:
(150)(b)(i) a motor club under Chapter 11, Motor Clubs;(150)(b)(ii) a service contract provided under Chapter 6a, Service Contracts; and(150)(b)(iii) a corporation licensed under:(150)(b)(iii)(A) Chapter 7, Nonprofit Health Service Insurance Corporations; or(150)(b)(iii)(B) Chapter 8, Health Maintenance Organizations and Limited Health Plans. See Utah Code 31A-1-301- Project area: means the land, including military land, whether consisting of a single contiguous area or multiple noncontiguous areas, described in a project area plan or draft project area plan, where the development project set forth in the project area plan or draft project area plan takes place or is proposed to take place. See Utah Code 63H-1-102
- Project area budget: means a multiyear projection of annual or cumulative revenues and expenses and other fiscal matters pertaining to a project area that includes:
(18)(a) the base taxable value of property in the project area;(18)(b) the projected property tax allocation expected to be generated within the project area;(18)(c) the amount of the property tax allocation expected to be shared with other taxing entities;(18)(d) the amount of the property tax allocation expected to be used to implement the project area plan, including the estimated amount of the property tax allocation to be used for land acquisition, public improvements, infrastructure improvements, and loans, grants, or other incentives to private and public entities;(18)(e) the property tax allocation expected to be used to cover the cost of administering the project area plan;(18)(f) if the property tax allocation is to be collected at different times or from different portions of the project area, or both:(18)(f)(i)(18)(f)(i)(A) the tax identification numbers of the parcels from which the property tax allocation will be collected; or(18)(f)(i)(B) a legal description of the portion of the project area from which the property tax allocation will be collected; and(18)(f)(ii) an estimate of when other portions of the project area will become subject to collection of the property tax allocation; and(18)(g) for property that the authority owns or leases and expects to sell or sublease, the expected total cost of the property to the authority and the expected selling price or lease payments. See Utah Code 63H-1-102- Project area plan: means a written plan that, after the plan's effective date, guides and controls the development within a project area. See Utah Code 63H-1-102
- Property tax: includes a privilege tax imposed under Title 59, Chapter 4, Privilege Tax, except as described in Subsection (20)(b), and each levy on an ad valorem basis on tangible or intangible personal or real property. See Utah Code 63H-1-102
- Property tax allocation: means the difference between:
(21)(a) the amount of property tax revenues generated each tax year by all taxing entities from the area within a project area designated in the project area plan as the area from which the property tax allocation is to be collected, using the current assessed value of the property; and(21)(b) the amount of property tax revenues that would be generated from that same area using the base taxable value of the property. See Utah Code 63H-1-102- Public entity: means :
(22)(a) the state, including each department or agency of the state; or(22)(b) a political subdivision of the state, including the authority or a county, city, town, school district, special district, special service district, or interlocal cooperation entity. See Utah Code 63H-1-102- Public infrastructure and improvements: includes :
(23)(c)(i) facilities, lines, or systems that harness geothermal energy or provide water, chilled water, steam, sewer, storm drainage, natural gas, electricity, or telecommunications;(23)(c)(ii) streets, roads, curb, gutter, sidewalk, walkways, tunnels, solid waste facilities, parking facilities, public transportation facilities, and parks, trails, and other recreational facilities;(23)(c)(iii) snowmaking equipment and related improvements that can also be used for water storage or fire suppression purposes; and(23)(c)(iv) a building and related improvements for occupancy by the public, the authority, the military, or military-related entities. See Utah Code 63H-1-102- Quorum: The number of legislators that must be present to do business.
- Rate: means :
(163)(a)(i) the cost of a given unit of insurance; or(163)(a)(ii) for property or casualty insurance, that cost of insurance per exposure unit either expressed as:(163)(a)(ii)(A) a single number; or(163)(a)(ii)(B) a pure premium rate, adjusted before the application of individual risk variations based on loss or expense considerations to account for the treatment of:(163)(a)(ii)(B)(I) expenses;(163)(a)(ii)(B)(II) profit; and(163)(a)(ii)(B)(III) individual insurer variation in loss experience. See Utah Code 31A-1-301- real property: includes :
(31)(a) land;(31)(b) a tenement;(31)(c) a hereditament;(31)(d) a water right;(31)(e) a possessory right; and(31)(f) a claim. See Utah Code 68-3-12.5- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
- Remaining municipal services revenue: means municipal services revenue that the authority has not:
(24)(a) spent during the authority's fiscal year for municipal services as provided in Subsection63H-1-503 (1); or(24)(b) redirected to use in accordance with Subsection63H-1-502 (3). See Utah Code 63H-1-102- Resort communities tax: means a sales and use tax imposed under Section
59-12-401 . See Utah Code 63H-1-102- Taxable value: means the value of property as shown on the last equalized assessment roll. See Utah Code 63H-1-102
- Telecommunications tax: means a telecommunications license tax under Title 10, Chapter 1, Part 4, Municipal Telecommunications License Tax Act. See Utah Code 63H-1-102
- Transient room tax: means a tax under Section
59-12-352 . See Utah Code 63H-1-102