(1) As used in this section, "elected official" means a water conservancy district board of trustee member who:

1. (a) is elected to the board of trustees by water conservancy district voters at an election held for that purpose;
2. (b) holds, at the time of appointment to the board of trustees, an elected position with a municipality, county, or local district that is partially or completely included within the boundaries of the water conservancy district; or
3. (c) is appointed in accordance with Subsection 17B-1-303(5) or 17B-1-306(4)(f) or (g).

(2) The board of trustees of a water conservancy district may not collect property tax revenue in a tax year beginning on or after January 1, 2015, that would exceed the certified tax rate under Section 59-2-924 unless:

1. (a) the members of the board of trustees are all elected officials;
2. (b) the majority of the board of trustees are elected officials; or

3. (c) the proposed tax levy has previously been approved by:

   1. (i) a majority of the water conservancy district voters who vote in an election held for that purpose on a date specified in Section 20A-1-204; or
   2. (ii) for a district described in Subsection 17B-2a-1005(2)(b), the appointing authority.