Week 6 - Watchlist

Page 1

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

Implementsroyaltiesandseverancetaxfor certainmineralsandmetalsminedfromtheGSL.

Imposesacarbondioxideemissionstax;converts theEITCtoarefundabletaxcredit;eliminatesthe statesalestaxonfood

Amendsdefinitionstoincludecorrective eyeglassesandcontactlensesas"prosthetic device",exemptingthemfromsalesandusetax.

Prohibitsataxpayerfromcarryingforwarda renewableenergysystemtaxcreditandan alternativeenergydevelopmenttaxcreditinthe sametaxableyear.

ImplementsrecommendationsmadebyLAG regardingTaxIncremementFinancingtoenhance accountabilityandlimituseofTIF

Separateselectroniccigaretteproductsand nontheraputicnicotineproductsfromalternative nicotineproducts,resultingindifferenttaxand licensingrequirements.

Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

SB268 LithiumSeveranceTaxAmendments

SB278 CannabisBusinessTaxCreditAmendments

Clarifiesthatchloridecompoundsandsaltsthat containlithiumareconsideredmetalliferous minerals

Enactsanonrefundableincometaxcreditfor businessexpensesrelatedtoin-statetransporting orsellingofmedicalcannabis.

SB279 SalesTaxModifications

SB281 ModificationstoMilitaryIncomeTax

SB284 AviationFuelIncentiveAmendments Cullimore

AllowsacitytoproposeaZAP/RAPtaxfora20yearperiodandtoissueabondbackedbythetax forthatperiod.Additionaltaxtobeauthorizedby voters.

Givesataxcredittodeployedmilitarypersonnel

DirectsseverancetaxrevenuetotheIndustrial AssistanceAccount;enactsanaviationfuel incentive

Number Title Sponsor Description Comments Position HouseFloor SenateFloor NewThisWeek HB513 GreatSaltLakeAmendments Snider
FiscalNote-$6.5MM O HB514 FossilFuelsTaxModifications Briscoe
O HB525 EyewearSalesTaxAmendments Maloy
FiscalNote-$12.5MM O HB528 UtahEnergyActAmendments Wilcox
M
557 TaxIncrementFinancingRevisions Dunnigan
HB
(S) 1SubSB263 ElectronicCigaretteandOtherNicotineProductTax Amendments Bramble
Fiscal
$6.8MM M
Note-
Blouin
FiscalNote
$6.5MM O
-
Vickers
M
Weiler
O
O
Millner
(M)

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

HJR14 JointRulesResolution-BudgetProcessAmendments VPeterson

HJR17 ProposaltoAmendUtahConstitution-StatewideInitiatives Kyle

RequiresEACtopresentbudgettolegislators withcomparisontosubcommitteeprioritizedlists, alsoprohibitsEACfromincludingabudgetitem unlessrecommendedbysubcommitteeorcertain conditionsaremet

Forwardsaconstitutionalamendmenttorequire atleasta60%thresholdforanystatewide initiativetoraisetaxes

Lowerstheindividualandcorporateincometax ratesfrom4.85%to4.80% FiscalNote-$96MM

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredientscontingentonConstitutionalAmendmentto removetheearmarkonincometaxpassesin 2024 FiscalNote-$166MM

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredients, excludescandy

EstablishestheUtahFitsAllScholarshipProgram andraisesteachersalaries

Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

HB240 IncomeTaxAmendments Abbott

HB296 MinimumBasicTaxRateReduction Brooks

1SubHB345 LocalDistrictPropertyTaxAmendments Peterson

HB372 LocalSchoolDistrictReferendumAmendments Cobb

Lowerstheindividualandcorporatestateincome taxfrom4.85%to4.65%

LowerstheStateBasicLevy,eliminatestheWPU valuerateaddedfromthefreezebill,andthe equitypupilrate

FiscalNote-$161MM

FiscalNote-$240MM ongoing($200MMsalary adjustment;$40MM scholarship). S

FiscalNote-$375MMin 2025 S

FiscalNote-$123MM S

Requiresnon-electeddistrictstoreportproposed taxincreasesorbondissuancestotheir respectivemunicipallegislativebody,and requiresthatelectedmunicipallegislativebodyto makearecommendationontheproposal S P

Allowslocalschooldistricts'proposedtax increasestobereferredtovotersforapprovalor rejectionbyreferendum

Bringsschooldistrict accountabilityinlinewith othertaxingentities S

Number Title Sponsor Description Comments Position HouseFloor SenateFloor
HighPriorityLegislation
S
S
Eliason
HB54 TaxRevisions
S
Rohner
1SubHB101 FoodSalesTaxAmendments
Lesser
S HB172 FoodSalesTaxAmendments
3
Funding
Opportunities Pierucci
O
SubHB215
ForTeacherSalariesandOptionalEducation
P
P

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782 Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

Contingentonthepassageofaconstitutional amendment,establishesa60%thresholdfor passageofastatewideinitiativethatwouldraise taxes

Imposesacarbondioxideemissionstax;converts theEITCtoarefundabletaxcredit;eliminatesthe statesalestaxonfood

Forwardsaconstitutionalamendmenttoremove theearmarkonincometax

LowerstheStateBasicLevy,eliminatestheWPU valuerateaddedfromthefreezebill,andthe equitypupilrate

HB88

SecurityTaxAmendments

Providesthatacorporatetaxpayermaycarry forwardaUtahnetlossindefinitely,subjecttoa capontheamountofthelosscarryforwardat 80%oftaxableincome.

Allowsacountylegislativebodytore-authorize theimpositionofaZAP/RAPsalestaxinsteadof voters

AllowsacitytoproposeaZAP/RAPtaxfora20yearperiodandtoissueabondbackedbythetax forthatperiod.Additionaltaxtobeauthorizedby voters.

Requiresacountyassessortoprovidecertain assessmentdatatothecommissionanddatesit isdueby.Addsclarificationtopassthrough taxation

FiscalNote-$28MM; taxpayersarebetterserved byalarger,generaltaxcut thanindividualcredits.

Note-$15MM

Number Title Sponsor Description Comments Position HouseFloor SenateFloor HB422 InitiativeAmendments Kyle
Preventsthebankrollingof tax-relatedissuesby wealthyindividuals S P HB514 FossilFuelsTaxModifications Briscoe
O SJR10 ProposaltoAmendUtahConstitution
Tax McCay
-Income
S SB141 ReductionofMinimumBasicTaxRate Harper
FiscalNote-$151MM S SB164 FoodTaxAmmendments Escamilla Removes
itemsforeveryone FiscalNote-$41MMin 2025 O SB203 CorporateTaxAmendments Bramble
statesalestaxonfoodonallSNAPand WICeligible
S P
SalesandUseTaxAmendments Winterton
SB255
O
TaxModifications
SB279 Sales
Weiler
O House
Legislation
TaxAssessmentAmendments
ofRepresentativesSponsored
1SubHB56
Eliason
S P 3SubHB58 TaxModifications Spendlove Makes
M P P
technicalcorrectionsrelatedtotax
HB83 TaxCreditforEducatorExpenses Birkeland
O
Social
Enactsanonrefundableindividualincometax creditthataneligibleeducatormayclaimfor certainout-of-pocketclassroomexpenses Brooks
Fiscal
S
Expandseligibilityforthesocialsecuritybenefits taxcreditbyincreasingthethresholdsforthe income-basedphaseout

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

Forpoliceandfirefighters,reducesthewaiting periodforpost-retirementreemploymentfrom1 yearto90daysmodifiestheyearsofserviceand increasesthemultiplierforpurposesofcalculating theretirementallowanceprovidedtoamemberof theNewPublicSafetyandFirefighterTierII hybridretirementsystem.Sunsetsin5years.

Forpoliceandteachers,reducesthewaiting periodforpost-retirementreemploymentfrom1 yearto60days

Allowsaretireewhowasapublicsafetyservice employeeorateachertobereemployedwitha participatingemployerwithintheone-year separationperiodif theretireedoesnotearn morethan$35,000peryearinpostretirement reemployment

FiscalNote-$47.8MMin unfundedliability.Includesa sunsetinfiveyears. M

Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

275

PropertyTax

Prescribes,modifiesandauthorizeswhatfeesan LEAmaychargeasecondarystudent

Establishesalimitontheamountofsocial securitybenefitthatiseligibleforthetaxcredit andremovestheincomelimitationsoneligibility forthetaxcredit

arebetterserved byalarger,generaltaxcut thanindividualcredits.

FiscalNote-$0;however, $23MMisusuallycollected inschoolfees.

Note-$106MM

Increases

M

Number Title Sponsor Description Comments Position HouseFloor SenateFloor HB104 ModificationstoPublicSafetyRetirement Gwynn
HB125 Post-retirementReemploymentAmendments Birkeland
FiscalNote-
unfundedliability O HB126 Post-retirementReemploymentModifications Birkeland
$47MMin
FiscalNote-$73MMin unfundedliability O 3SubHB130 AdoptionTaxCredit Shipp
Taxpayers
O P HB144 HighCostInfrastructureDevelopmentTaxCreditAmendments Albrecht Addsseverancetaxasaclaimablesourcefora taxcredit S 1SubHB170 ChildTaxCreditRevisions Pulsipher Enactsa$1000nonrefundabletaxcreditperchild O 2SubHB175 SchoolFeesAmendments Strong
S HB213 SocialSecurityTaxAmendments Thurston
Fiscal
S HB220 EmmissionsReductionsAmendments Stoddard
M HB231 LowIncomeHousing
Exemption Eliason
M P 1SubHB260 PropertyTaxIncomeRequirement Briscoe
S HB
Enactsanonrefundableandarefundable individualincometaxcreditforexpensesrelated totheadoptionofachild,forwhicheligibility dependsontheindividual'sincome TaxDependentAmendments Lisonbee
EnactsthePollutionEmissionReductionAct, createsavehicleemissionsfeeprogram,imposes requirementsonstructures,increasesfueltaxon non-tier3gasoline
Provides
apropertytaxexemptionforprivate propertyusedfor"permanentsupportivehousing"
theincomelimitforaclaimanttoqualify forahomeowner'sorrenter'scredit. FiscalNote-$5.3MMstate, $7.1MMlocalshift
AddstothetaxpayertaxcreditanadditionalUtah personalexemptionintheyearofaqualifying dependent'sbirth.
FiscalNote-$3.7MM; taxpayersarebetterserved byalarger,generaltaxcut thanindividualcredits.

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

Exemptsamountspaidorchargedfor constructionmaterialsusedtoopenorexpanda childcareprogramfromsalesandusetax.

Requirescertainstateandlocalentitiesto disclosecertaininformationabouttheirbudget

Providesanexemptiononpropertytaxfor disabledveterans

Increasesvehicleregistrationfeesby$5,reduces thestategastax,enactsataxonEVcharging stations

Createsanewpartiallystatefundednon-profitto advoacteforoptimalwaterusewith$2MMone timeappropriationand$1MMongoing appropriationtofundtheirbudget

providemorereporting regardingtheir

FiscalNote-$520,000; taxpayersarebetterserved byalarger,generaltaxcut thanindividualcredits. O

Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

Expeditestherepealofcertainsubsections relatingtotheTRTfromJuly2026toJuly2023.

revenuecollectedfromacountytaxon rentalvehiclestobeusedtomitigatetheimpacts oftourism;makestechnicalchanges.

Capspropertytaxincreasesforseniorsage70+ withanincomeoflessthan$50,000at5%

Taxpayersarebetterserved byalarger,generaltaxcut thanindividualcredits. O

Taxpayersarebetterserved bypropertytaxdeferrals outlinedin2SubSB81 O

Taxpayers are better served by a larger, general tax cut than individual credits.

Number Title Sponsor Description Comments Position HouseFloor SenateFloor HB282 ChildCareCenterSalesTaxAmendments Watkins
HB294 GovernmentalEntityBudgetTransparency Abbott
S P HB298 VeteranPropertyTaxAmendments Pierucci
3SubHB301 TransportationTaxAmendments Schultz
Fiscal
in 2025 S P 3SubHB307 UtahWaterWays Musselman
Note-$21.5MM
O P HB322 BudgetReportingRequirements Ballard Requires
expenditures S P 3SubHB392 RuralCountyHealthCareFacilitiesSalesTaxAmendments Elison Allows
services O P 2SubHB407 IncentivesAmendments Christofferson Conductsastudytoreviewuseofcertaintax incentives O P HB416 TransientRoomTaxAmendments Lyman
M HB417 MotorVehicleTaxAmendments Lyman Allows
M P HB454 PropertyTaxRequirements Birkeland
stateagenciesto
nonlapsingbudget
WashingtonCountytoimposean additional1%salestaxtofundemergency medical
HB480 ChildTaxCreditAmendments Briscoe Creates
arefundablechildtaxcredit.
HB500 CountySalesTaxAmendments Christofferson Amendsthe
forcertainlocaloption salestaxes M HB513 GreatSaltLakeAmendments Snider Implements
theGSL. FiscalNote
$6.5MM O
O
distribution
royaltiesandseverancetaxfor certainmineralsandmetalsminedfrom
-

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

HB525 EyewearSalesTaxAmendments

Amendsdefinitionstoincludecorrective eyeglassesandcontactlensesas"prosthetic device",exemptingthemfromsalesandusetax. FiscalNote

HB528 UtahEnergyActAmendments

HB557 TaxIncrementFinancingRevisions

SenateSponsoredLegislation

1SubSJR1 ProposaltoAmendUtahConstitution-RevenueandTaxation McCay

SJR3 ProposaltoAmendUtahConstitution-PropertyTaxExemptions

SB11 RetirementFiscalNoteRequirements

SB14 LeasedTangiblePersonalPropertyTax

Prohibitsataxpayerfromcarryingforwarda renewableenergysystemtaxcreditandan alternativeenergydevelopmenttaxcreditinthe sametaxableyear.

ImplementsrecommendationsmadebyLAG regardingTaxIncremementFinancingtoenhance accountabilityandlimituseofTIF

Subjecttothepassingofaconstitutional amendment,prohibitstheStatefromimposinga taxonthetransferofrealproperty.

Authorizeapropertytaxexemptionforprivately ownedrealpropertythatisusedtosupportpublic education,children,orindividualswithadisability.

LFAtoincludespecifiedadditionalinformationin thefiscalestimateforeachproposedbillthat changesretirementbenefitsforpublicemployees.

Providesthatthesaleofleasedtangiblepersonal propertyfromthelessortothelesseeissubjectto salesandusetax.

1SubSB34 WaterInfrastructureFundingStudy

2SubSB81 PropertyTaxDeferralRevisions

2SubSB82 SalesTaxAmendments

1SubSB121 Car-SharingAmendments

SB157 PersonalPropertyTaxAmendments

SB179 EducatorSalaryAdjustmentsAmendments

DirectstheDepartmentofNaturalResourcesto studytheuseofpropertytaxrevenuetofund waterinfrastructure,treatment,andreportto committee.

Addresseswhendeferredpropertytaxescome due;makestechnicalchanges.Changes implementationdate.

Clarifiesthatthecommissionrequiresasellerto renewanexemptioncertificatewhenmorethan 12monthselapsebetweentransactionsbetween asellerorcertifiedproviderandapublisher.

Enactsprovisionsrelatedtocar-sharingbusiness platforms.

Repealstheelectionforassessmentandtaxation ofnoncapitalizedpersonalproperty

Addstheeducatorsalaryadjustmentstothelistof programsreceivingacostadjustmentforinflation. FiscalNote:$6.6MM O

Positionsnotfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

Number Title Sponsor Description Comments Position HouseFloor SenateFloor
Maloy
$12.5MM O
-
Wilcox
M
Dunnigan
(S)
S
Fillmore
M
Fillmore
S P P
Wilson
M P P
McCay
S P
Fillmore
S P
Harper
M P P
McKell
S
Harper
M P
Riebe

Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782

UtahTaxpayersAssociation2023LegislativeWatchlist-February24,2023

ataxcreditforthepurchaseand installationofwaterefficientlandscapingand fixtures

electroniccigaretteproductsand nontheraputicnicotineproductsfromalternative nicotineproducts,resultingindifferenttaxand licensingrequirements.

thatchloridecompoundsandsaltsthat containlithiumareconsideredmetalliferous

notfinalizedindicated inparanthesis.S=Support.M= Monitor.O=Oppose.

Positions
Number Title Sponsor Description Comments Position HouseFloor SenateFloor SB202 FuelTaxAmendments Riebe Reducesthegastaxby4.5cents;modifiesthe increasesofgastax. O SB235 TaxAmendments Bramble Removessalestaxonsandandgravelwhen purchasedasabusinessinput. S SB252 ConservationTaxIncentiveAmendments Riebe
Taxpayers
individual credits. O 1SubSB263 ElectronicCigaretteandOtherNicotineProductTax Amendments Bramble Separates
FiscalNote-$6.8MM M SB268 LithiumSeveranceTaxAmendments Blouin Clarifies
minerals FiscalNote-$6.5MM O SB278 CannabisBusinessTaxCreditAmendments Vickers Enactsanonrefundableincometaxcreditfor businessexpensesrelatedtoin-statetransporting orsellingofmedicalcannabis. M SB281 ModificationstoMilitaryIncomeTax Millner Givesataxcredittodeployedmilitarypersonnel O SB284 AviationFuelIncentiveAmendments Cullimore DirectsseverancetaxrevenuetotheIndustrial AssistanceAccount;enactsanaviationfuel incentive (M)
Provides
are better served by a larger, general tax cut than

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