Utah Taxpayer Oversight of Government Spending Amendments

HB 449 would require Utah voters to approve most increases in state or local government taxes or debt, as well as any spending above a set limit in a fiscal year. It also eliminates automatic tax increases and mandates refunds of excess revenue collected beyond approved spending limits. These changes would apply to all state and local government entities and require voter approval of a constitutional amendment before taking effect. The bill does not appropriate new funds and is contingent on passage of the proposed constitutional amendment.