Hearings on judgment levies -- Advertisement

(1) A taxing entity may not impose a judgment levy unless the taxing entity first advertises the taxing entity's intention to do so and holds a public hearing in accordance with the requirements of this section. (2) (a) The advertisement required by this section may be combined with the advertisement described in Section 59-2-919. (b) The advertisement required by this section shall be published: (i) electronically in accordance with Section 45-1-101; (ii) as a class A notice under Section 63G-30-102; and (iii) for at least 14 days before the day on which the taxing entity conducts the public hearing required under this section. (c) (i) For taxing entities operating under a July 1 through June 30 fiscal year, the public hearing required under this section shall be held 10 or more days after notice is provided to property owners pursuant to Section 59-2-919.1. (ii) For taxing entities operating under a January 1 through December 31 fiscal year: (A) for an eligible judgment issued on or after March 1 but on or before September 15, the public hearing required under this section shall be held at the same time as the hearing at which the annual budget is adopted; or (B) for an eligible judgment issued on or after September 16 but on or before the last day of February, the public hearing required under this section shall be held 10 or more days after notice is provided to property owners pursuant to Section 59-2-919.1. (3) The advertisement required by this section shall specify: (a) the date, time, and location of the public hearing at which the judgment levy will be considered; (b) the amount of the judgment levy; (c) the term of the judgment levy; and (d) the tax impact on an average residential and business property located within the taxing entity that results from the judgment levy. (4) If a final decision regarding the judgment levy is not made at the public hearing required under this section, the taxing entity shall announce at the public hearing the scheduled time and place for consideration and adoption of the judgment levy. (5) (a) The information described in Subsections (3)(a) through (c) regarding a judgment levy shall be included on the notice provided to property owners pursuant to Section 59-2-919.1. (b) The requirements of Subsections 59-2-919(8)(b)(i) and (c) through (f) apply to a public hearing required under this section.