{"component": "definition", "props": {"groups": [{"size": 82, "snippet_links": [], "samples": [{"hash": "6IyafREUm9k", "uri": "https://le.utah.gov/Session/2025/bills/introduced/CP%20SB0181%20To%20SB0181S01.pdf", "label": "le.utah.gov", "score": 18.9558010101, "published": false}, {"hash": "1xFannLTZzp", "uri": "https://le.utah.gov/xcode/Title17C/Chapter1/C17C-1-S102_2025050720250507.pdf", "label": "le.utah.gov", "score": 18.3023204803, "published": false}, {"hash": "16gEPWedN2j", "uri": "https://le.utah.gov/~2024/bills/sbillint/SB0268S01_ComparedWith_SB0268.pdf", "label": "le.utah.gov", "score": 17.8764476776, "published": false}], "snippet": "means the difference between:", "hash": "d8d67b673d42e0d9cce8f5330e73f03b", "id": 1}, {"size": 46, "snippet_links": [{"key": "tax-proceeds", "type": "definition", "offset": [24, 36]}, {"key": "assessed-valuation", "type": "definition", "offset": [57, 75]}, {"key": "allocation-area", "type": "definition", "offset": [87, 102]}, {"key": "assessment-date", "type": "definition", "offset": [115, 130]}, {"key": "base-assessed-value", "type": "definition", "offset": [148, 167]}, {"key": "incremental-assessed-value", "type": "definition", "offset": [209, 235]}, {"key": "current-property", "type": "definition", "offset": [262, 278]}, {"key": "tax-rate", "type": "definition", "offset": [279, 287]}], "samples": [{"hash": "eFdUcQqpmOF", "uri": "/contracts/eFdUcQqpmOF#tax-increment", "label": "Financing and Covenant Agreement", "score": 34.5908889771, "published": true}, {"hash": "govMsIbbuSr", "uri": "/contracts/govMsIbbuSr#tax-increment", "label": "Loan Agreement", "score": 33.6575889587, "published": true}, {"hash": "4NRD9xtjhYl", "uri": "/contracts/4NRD9xtjhYl#tax-increment", "label": "Financing and Covenant Agreement", "score": 33.5645179749, "published": true}], "snippet": "means all real property tax proceeds attributable to the assessed valuation within the Allocation Area, as of each assessment date in excess of the base assessed value as described in IC 36-7-14-39(b)(1). The incremental assessed value is multiplied by the then current property tax rate (per $100 assessed value).", "hash": "901c8b6cda12148d8e93efdf1afcce08", "id": 2}, {"size": 37, "snippet_links": [{"key": "tax-levies", "type": "clause", "offset": [50, 60]}], "samples": [{"hash": "eZwRoipIlWm", "uri": "https://archive.legmt.gov/bills/2023/AmdPublicWeb/SB0523.001.006_combo_final-full.pdf", "label": "archive.legmt.gov", "score": 17.0354766846, "published": false}, {"hash": "2A8BIGIon89", "uri": "https://archive.legmt.gov/bills/2023/AmdPublicWeb/SB0523.002.002_Amendments-in-Context_final-full.pdf", "label": "archive.legmt.gov", "score": 16.7692127228, "published": false}, {"hash": "l0JJFNVl9Z8", "uri": "https://archive.legmt.gov/bills/2021/SB0399/SB0388_4.pdf", "label": "archive.legmt.gov", "score": 13.3139743805, "published": false}], "snippet": "means the collections realized from extending the tax levies, expressed in", "hash": "a644fbd885ec697e486dae4094ba7d35", "id": 3}, {"size": 32, "snippet_links": [{"key": "the-total", "type": "clause", "offset": [42, 51]}, {"key": "general-property-taxes", "type": "definition", "offset": [89, 111]}, {"key": "taxable-property", "type": "definition", "offset": [126, 142]}, {"key": "a-year", "type": "definition", "offset": [159, 165]}, {"key": "the-value", "type": "clause", "offset": [202, 211]}, {"key": "the-district", "type": "clause", "offset": [239, 251]}, {"key": "equalized-value", "type": "definition", "offset": [285, 300]}], "samples": [{"hash": "dvKwbAQNgjk", "uri": "/contracts/dvKwbAQNgjk#tax-increment", "label": "Development Agreement", "score": 27.446269989, "published": true}, {"hash": "lJrznxqu4qd", "uri": "/contracts/lJrznxqu4qd#tax-increment", "label": "Development Agreement", "score": 27.4188919067, "published": true}, {"hash": "7rn1ZGJwn77", "uri": "/contracts/7rn1ZGJwn77#tax-increment", "label": "Development Agreement", "score": 27.3477077484, "published": true}], "snippet": "means that amount obtained by multiplying the total county, city, school and other local general property taxes levied on all taxable property within a TID in a year by a fraction having as a numerator the value increment for that year in the district and as a denominator that year\u2019s equalized value of all taxable property in the TID.", "hash": "7de959fe35d9e29e2676d3f028c5bc86", "id": 4}, {"size": 27, "snippet_links": [{"key": "property-taxes", "type": "definition", "offset": [26, 40]}, {"key": "minimum-improvements", "type": "definition", "offset": [71, 91]}, {"key": "to-the-city", "type": "clause", "offset": [118, 129]}, {"key": "tax-increment-act", "type": "definition", "offset": [157, 174]}], "samples": [{"hash": "h0reNR2AbXc", "uri": "http://www.minneapolismn.gov/www/groups/public/@council/documents/webcontent/convert_271712.pdf", "label": "www.minneapolismn.gov", "score": 10.1704311371, "published": false}, {"hash": "7Isf2WSm3TT", "uri": "http://www.minneapolismn.gov/www/groups/public/@council/documents/proceedings/wcms1p-124192.pdf", "label": "www.minneapolismn.gov", "score": 10.1704311371, "published": false}, {"hash": "Ev8F5YkIdu", "uri": "http://www.minneapolismn.gov/www/groups/public/@council/documents/proceedings/wcms1p-100840.pdf", "label": "www.minneapolismn.gov", "score": 10.1704311371, "published": false}], "snippet": "means that portion of the property taxes generated by the Property and Minimum Improvements that is actually remitted to the City as tax increment under the Tax Increment Act.", "hash": "b5de1aae046010c383dbd69683a97ff6", "id": 5}, {"size": 26, "snippet_links": [{"key": "real-property-taxes", "type": "definition", "offset": [26, 45]}, {"key": "with-respect-to", "type": "clause", "offset": [60, 75]}, {"key": "tif-district", "type": "clause", "offset": [80, 92]}, {"key": "to-the-authority", "type": "clause", "offset": [115, 131]}, {"key": "pursuant-to-the", "type": "definition", "offset": [149, 164]}, {"key": "tax-increment-act", "type": "definition", "offset": [165, 182]}], "samples": [{"hash": "j2QJYoBnqaq", "uri": "https://cms9files.revize.com/richfieldmn/Document_Center/Agendas%20&%20Minutes/HRA/2017/Complete%20Agenda/10162017CompleteAgenda.pdf", "label": "cms9files.revize.com", "score": 20.5345668793, "published": false}, {"hash": "ikXEd1XaKfD", "uri": "https://www.minnetonkamn.gov/home/showdocument?id=378", "label": "Redevelopment Contract", "score": 12.8603696823, "published": false}, {"hash": "32k9rwNaGHT", "uri": "https://cms9files.revize.com/richfieldmn/101821%20Complete%20Agenda.pdf", "label": "cms9files.revize.com", "score": 10.8891172409, "published": false}], "snippet": "means that portion of the real property taxes which is paid with respect to the TIF District and which is remitted to the Authority as tax increment pursuant to the Tax Increment Act.", "hash": "f875dd9b7a56053f34bab8fe6850c053", "id": 6}, {"size": 25, "snippet_links": [{"key": "revenues-generated", "type": "clause", "offset": [56, 74]}, {"key": "tax-year", "type": "clause", "offset": [80, 88]}, {"key": "taxing-entities", "type": "definition", "offset": [96, 111]}, {"key": "the-project-area", "type": "clause", "offset": [117, 133]}, {"key": "value-of-the-property", "type": "clause", "offset": [161, 182]}, {"key": "base-taxable-value", "type": "definition", "offset": [276, 294]}], "samples": [{"hash": "1gpzjoa8iMX", "uri": "https://go.boarddocs.com/ut/canyons/Board.nsf/files/DCZV6M7F3AE7/$file/CH-CDRA%20Canyons%20Centre%20CDA%203rd%20Amended%20Project%20Area%20Plan_v.1_12.07.2024.pdf", "label": "go.boarddocs.com", "score": 19.8812122345, "published": false}, {"hash": "7KvYZpKYhN6", "uri": "https://go.boarddocs.com/ut/canyons/Board.nsf/files/DCZV6H7F36A0/$file/(Redline)%20Canyons%20Centre%20CDA%203rd%20Amended%20Plan%20to%202nd%20Amended%20Project%20Area%20Plan%2012.07.pdf", "label": "go.boarddocs.com", "score": 19.8772563934, "published": false}, {"hash": "ebYJrHWr6oq", "uri": "https://millcreekut.gov/DocumentCenter/View/2839/MedTech-CRA-Project-Area-Plan-PDF?bidId=", "label": "millcreekut.gov", "score": 16.0546207428, "published": false}], "snippet": "means the difference between the amount of property tax revenues generated each tax year by all taxing entities from the Project Area using the current assessed value of the property and the amount of property tax revenues that would be generated from the same area using the base taxable value of the property.", "hash": "e413655198f39708df36c140e36b6e20", "id": 7}, {"size": 21, "snippet_links": [{"key": "property-taxes", "type": "definition", "offset": [33, 47]}], "samples": [{"hash": "h1GoIYP6v8O", "uri": "https://www.wvlegislature.gov/Bill_Text_HTML/2025_SESSIONS/RS/bills/hb2014%20sub1%20enr.pdf", "label": "www.wvlegislature.gov", "score": 18.1788597107, "published": false}, {"hash": "i2wAudCBJJC", "uri": "http://www.legis.state.wv.us/Bill_Text_HTML/2025_SESSIONS/RS/bills/hb3410%20intr.pdf", "label": "www.legis.state.wv.us", "score": 18.1657676697, "published": false}, {"hash": "isnCDPEvzLP", "uri": "https://www.wvlegislature.gov/Bill_Text_HTML/2025_SESSIONS/RS/bills/hb2014%20intr.pdf", "label": "www.wvlegislature.gov", "score": 18.1432666779, "published": false}], "snippet": "means the amount of regular levy property taxes attributable to the", "hash": "214626cf474d9d3b2b191ac878c0cd9e", "id": 8}, {"size": 14, "snippet_links": [{"key": "tax-year", "type": "clause", "offset": [14, 22]}, {"key": "original-assessed-value", "type": "definition", "offset": [114, 137]}], "samples": [{"hash": "zyaAubNPMc", "uri": "http://legis.delaware.gov/json/BillDetail/GetPdfDocument?fileAttachmentId=25117", "label": "Amendment", "score": 14.1704311371, "published": false}, {"hash": "PyfjxEVBdW", "uri": "http://legis.delaware.gov/json/BillDetail/GetHtmlDocument?fileAttachmentId=24953", "label": "Amendment", "score": 14.1704311371, "published": false}, {"hash": "8JEKeBBPMEy", "uri": "http://delcode.delaware.gov/sessionlaws/ga149/chp024a.pdf", "label": "Amendment", "score": 12.1704311371, "published": false}], "snippet": "means for any tax year the amount by which the assessed value as of January 1 preceding that tax year exceeds the original assessed value.", "hash": "bcaff2a73e504241ca62e73f6b70309a", "id": 9}, {"size": 13, "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [31, 49]}], "samples": [{"hash": "6Ns1voesR96", "uri": "/contracts/6Ns1voesR96#tax-increment", "label": "New Convention Facility Development Incentives", "score": 23.1800136566, "published": true}, {"hash": "cnnSaAOps0Y", "uri": "/contracts/cnnSaAOps0Y#tax-increment", "label": "New Convention Facility Development Incentives", "score": 23.1704311371, "published": true}, {"hash": "7H7P9a67iMn", "uri": "https://le.utah.gov/~2022/bills/hbillint/HB0438S02_ComparedWith_HB0438S01.pdf", "label": "le.utah.gov", "score": 10.0807666779, "published": false}], "snippet": "means the same as that term is defined in Section 17C-1-102.", "hash": "90aa2e40c2af3e5d668118bd9c0119c1", "id": 10}], "next_curs": "CloSVGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjYLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIWdGF4LWluY3JlbWVudCMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"size": 810, "snippet": "means the difference between:", "title": "Tax Increment", "id": "tax-increment", "examples": ["The County recognizes and agrees that in reliance on this Agreement and in accordance with the provisions of \u00a731-25-109(12) of the Act, the adoption and approval of the Plan includes an irrevocable pledge of all of the Property <strong>Tax Increment</strong> Revenues, including the County Property <strong>Tax Increment</strong>, to pay the Authority\u2019s Bonds and other financial obligations in connection with the Urban Renewal Project.", "If the County\u2019s eligible electors approve a new or increased mill levy for any lawful purpose (\u201cFuture Mill Levy\u201d), any revenue derived from the Future Mill Levy shall not be considered part of the County Property <strong>Tax Increment</strong>.", "As and when appropriated, the County Sales <strong>Tax Increment</strong> Revenues shall be remitted to the Authority no less frequently than semi-annually.", "From the date of such notice until the Duration has expired, the Authority shall annually deduct from the Property <strong>Tax Increment</strong> Revenue it receives any revenues attributable to the Future Mill Levy, as applicable, and shall remit such revenues to the County.", "The Property <strong>Tax Increment</strong> Revenues, when and as received by the Authority are and shall be subject to the lien of such pledge without any physical delivery, filing, or further act and are and shall be an obligation of the Parties pursuant to \u00a731-25-107(9) of the Act.", "In compliance with the requirements of HB 15-1348 and SB 18-248, the Parties have negotiated and agreed to the sharing of Property <strong>Tax Increment</strong> Revenues as set forth herein.", "In the event the Authority fails to notify the County of a new license, the County shall only be responsible for remitting County Sales <strong>Tax Increment</strong> Revenues thirty (30) days prior to the County receiving actual notice, along with any eligible sales tax collected thereafter.", "The Parties agree that the creation, perfection, enforcement and priority of the pledge of the Property <strong>Tax Increment</strong> Revenues as provided herein shall be governed by \u00a7\u2587\u2587-\u2587\u2587-\u2587\u2587\u2587, C.R.S. The lien of such pledge on the Property <strong>Tax Increment</strong> Revenues shall have priority over any of all other obligations and liabilities of the Parties with respect to the Property <strong>Tax Increment</strong> Revenues.", "The County and the Authority agree that the Authority may retain and expend in furtherance of the Urban Renewal Project percent ( _%) of the County Property <strong>Tax Increment</strong>, commencing on the date of approval by the City of the Plan, and lasting for the Duration.", "In order to further the goals of the Plan, in accordance with \u00a731-25-107(9.5)(a) of the Act, the County also agrees to contribute to the Project the revenues received from the County Sales <strong>Tax Increment</strong> Revenues subject to the conditions of this Section 5."], "related": [["tax-increment-revenues", "Tax increment revenues", "<strong>Tax increment</strong> revenues"], ["tax-increase", "Tax Increase", "Tax Increase"], ["tax-increment-district", "Tax Increment District", "<strong>Tax Increment</strong> District"], ["property-tax-increment", "Property tax increment", "Property <strong>tax increment</strong>"], ["tax-increment-financing-acts", "Tax increment financing acts", "<strong>Tax increment</strong> financing acts"]], "related_snippets": [], "updated": "2025-07-26T06:10:51+00:00"}, "json": true, "cursor": ""}}