Budget & Taxes

failed · Utah · House Mar 7, 2026

HB 453: Unspent Funding Amendments

HB 453 creates a new "Unspent Balances Restricted Account" to manage state funds that would otherwise expire at fiscal year-end. It requires the Division of Finance to annually transfer specified percentages of unspent balances from various state accounts into this restricted account. The bill directs how money in this account can be used, though it does not appropriate new funds. This affects all state agencies and departments that hold unspent funds at the end of the fiscal year, ensuring those funds are redirected for specific purposes rather than returned to the general fund.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates restricted account for unspent funds, directing efficient fiscal management without new appropriations, aligning with fiscal responsibility.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 466: Utah Rural Jobs Act Modifications

HB 466 modifies Utah's Rural Jobs Act to authorize new nonrefundable income and insurance tax credits for investments in eligible small businesses located in rural counties. It directly affects insurers and their affiliates that make qualifying investments through rural investment companies, allowing them to claim tax credits against state taxes or retaliatory assessments. The bill enacts new provisions (effective January 1, 2027) that specify credit amounts and carry-forward rules, while repealing one outdated section and making technical updates to related statutes.

Topics ✓ Budget & TaxesSupports Budget & TaxesAuthorizes nonrefundable tax credits for rural business investments, reducing state tax revenue via incentives to promote economic development.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 554: State Debt Collection Amendments

HB 554 modifies Utah's debt collection rules to streamline how government entities recover unpaid amounts. It directs the State Tax Commission to apply corporate tax overpayments toward debts under the Crime Victims Restitution Act, allows collections without a court judgment, and standardizes definitions for "accounts receivable" (including fines, restitution, and taxes). The bill also permits the State Debt Collection Fund to retain up to one year's expenses annually and makes technical updates to multiple statutes. These changes primarily affect taxpayers with outstanding debts and government agencies collecting public funds, with no new state funding required.

Topics ✓ Budget & TaxesSupports Budget & TaxesStreamlines tax debt collection, enhances revenue recovery via corporate tax overpayments, and promotes fiscal management efficiency.85% confidence ✓ Criminal JusticeSupports Criminal JusticeBill streamlines restitution collections under Crime Victims Restitution Act, directly supporting victim compensation within criminal justice system.90% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 235: Income Tax Revisions

HB 235 reduces Utah's corporate and individual income tax rates from 4.5% to 4.45% for tax years beginning on or after January 1, 2026. It directly affects Utah corporations and residents who pay state income tax, lowering their tax burden slightly. The bill amends three key tax code sections (59-7-104, 59-7-201, and 59-10-104) to reflect the new rate, with no new state funding required. The change applies retroactively to 2026 tax years and takes effect on May 6, 2026.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill reduces corporate and individual tax rates, weakening state revenue collection without new funding.90% confidence | Rep's Stance ✗ Voted No ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 405: State Purchasing Reserve Funding

HB 405 creates a new "State Purchasing Reserve Restricted Account" by imposing a 0.5% administrative fee on state cooperative contracts. Revenue from this fee is deposited into the account and must be invested in precious metals by the state treasurer. The funds can later be used to offset procurement costs for public entities (like local governments or schools) if specific inflation metrics are met, ensuring continuity in purchasing goods and services. This bill directly affects state cooperative contracts and public entities that rely on them for procurement.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes 0.5% fee (new revenue source) to fund a reserve for procurement cost stability during inflation, promoting fiscal responsibility and managing state spending within Budget & Taxes framework.92% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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failed · Utah · Senate Mar 7, 2026

SB 78: Property Tax Relief Amendments

SB 78 modifies Utah's property tax relief programs, effective 2027, primarily affecting renters, homeowners, and elderly property owners. It expands eligibility for a renter's credit and adds a two-year recency requirement for homeowner credits and indigent abatements, while prohibiting multiple forms of relief (with exceptions). Key changes include removing annual inflation adjustments for homeowner credits, extending delinquency periods to 10 years for seniors 70+, and setting a 6% interest rate for seniors 65+. The bill also requires counties to provide clearer information about deferral programs and tax relief options on official notices.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly expands renter tax credit eligibility and modifies relief programs to provide tax relief, directly advancing property tax relief for target groups per bill title and summary.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 229: Restricted Account Modifications

HB 229 modifies rules for two state restricted accounts: the Tobacco Settlement Restricted Account and the Electronic Cigarette Substance and Nicotine Product Proceeds Restricted Account. It updates how funds are allocated when legislative appropriations exceed available revenue (requiring sequential, partial funding until exhausted) and adds a sunset review requirement for electronic cigarette account provisions before their automatic repeal. The bill makes technical corrections to ensure consistency but does not appropriate new money. These changes primarily affect state agencies that manage tobacco-related funding, including the Department of Health and Human Services and the State Tax Commission.

Topics ✓ Budget & TaxesSupports Budget & TaxesUpdates allocation rules for restricted accounts, promoting fiscal responsibility through sequential funding and sunset reviews for fiscal management.85% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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failed · Utah · House Mar 7, 2026

HB 170: School Board Referendum Amendments

HB 170 amends Utah's laws to establish a clearer process for school district residents to hold referendums on certain school board decisions. Specifically, it allows voters who live within a school district to petition for a vote on laws passed by their local school board that increase taxes or create new taxes, subject to limited exceptions. The bill defines key terms related to referendums and makes technical updates to existing statutes, but does not appropriate new funding or create new financial obligations. This directly affects school district residents seeking to challenge tax-related decisions through a voter referendum.

Topics ✗ Budget & TaxesOpposes Budget & TaxesBill requires voter approval for school tax increases, restricting school boards' authority to enact tax changes without public consent.90% confidence | Rep's Stance ✗ Voted No ✓ Supports Budget & Taxes

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failed · Utah · House Mar 7, 2026

HB 210: Tax Penalties Amendments

HB 210 modifies Utah's Individual Income Tax Act to reduce tax burdens for certain filers. It removes marriage penalties by setting half the income phaseout limits for single, head of household, and married filing separately filers compared to joint filers, and creates a new nonrefundable tax credit for married filers. The bill directly affects Utah taxpayers with these filing statuses, particularly married couples who file separately. It applies retroactively to prior tax years, requires no new state funding, and amends multiple tax code sections to implement these changes.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces tax burdens for married filers via removed penalties and new tax credit, directly providing tax relief per Budget & Taxes indicators.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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passed · Utah · House Mar 7, 2026

HB 99: Eyewear Sales Tax Amendments

HB 99 exempts corrective eyeglasses and contact lenses from Utah's sales and use tax by reclassifying them as "prosthetic devices" under existing tax law. This change directly affects consumers purchasing these items, removing a tax burden that previously applied. The bill amends Utah Code Section 59-12-102 to include eyewear in the definition of prosthetic devices, which already qualify for tax exemption. The policy change takes effect immediately upon enactment, with no additional state funding required.

Topics ✓ Budget & TaxesSupports Budget & TaxesExempts eyewear from sales tax, providing direct tax relief to consumers purchasing essential items, aligning with tax relief indicators for middle/lower income.95% confidence | Rep's Stance ✓ Voted Yes ✓ Supports Budget & Taxes

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