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Urban Farmers May Get a Tax Break

Salt Lake City proposes a new bill that will give city farmers a tax break.

By Colleen Supan, Urban Farm Managing Editor

February 17, 2012

Salt Lake City

Photo courtesy of iStockphoto/Thinkstock

A new bill proposed in Salt Lake City will give urban farmers a tax break.

Urban farmers in Salt Lake City, Utah, might soon be receiving tax breaks on their property. SB22, the measure that will allow this to happen, was sent to the House, thanks to a 29-0 Senate vote. The bill will allow for breaks to residents who grow food on lots that are at least 2 acres.

At this time, most urban-farming lots are not big enough to qualify for reductions that larger agricultural companies receive. These reductions are part of the Greenbelt Act, also known as the Farmland Assessment Act, which qualifies agricultural property to be taxed based on its productive capability instead of the market value. The lot must be 5 adjoining acres large.

In order to qualify for SB22, should it pass the House, urban farmers will need to apply for the tax reduction and prove they sell and produce from their lots. The downside is, if urban farmers stop using the lots for food production and sales, the owners must pay 10 years of back taxes based on the “highest and best use” of the land.

According to Senator Wayne Niederhauser, the creator of SB22, “These properties in urban counties are going away.” Niederhauser might extend the tax reductions to other counties with urban areas if all goes well with the initial bill.

Give us your opinion on Urban Farmers May Get a Tax Break.
Submit Comment »
to much legal jargon why can't it be simpler.
kyle, williston, FL
Posted: 4/7/2012 2:12:41 PM
Not sure about it
Annie, Houston, TX
Posted: 4/6/2012 4:19:25 PM
Sounds like a good idea but too much red tape involved. As usual.
Galadriel, Lothlorien, ME
Posted: 2/19/2012 11:44:13 PM
The penalty to pay back taxes for 10 year is a bit much. There are a multitude of reasons people may not be above to continue their farming. Illness, aging, divorce, etc. I'm all for the tax breaks, but I think it needs to be thought out more.
Chuck, Reno, NV
Posted: 2/18/2012 3:43:37 AM

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