2023 Watchlist - Week 1

Page 1

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

UtahTaxpayersAssociation2023LegislativeWatchlist-January17,2023

Number Title

HighPriorityLegislation

HB54 TaxRevisions

HB101 FoodSalesTaxAmendments

HB125 Post-retirementReemploymentAmendments

Sponsor Description

Eliason

Rohner

Birkeland

HB126 Post-retirementReemploymentModifications

HB172 FoodSalesTaxAmendments

HB215

SJR1

FundingForTeacherSalariesandOptional EducationOpportunities

Birkeland

Lesser

Comments

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

Position HouseFloor SenateFloor

Lowerstheindividualandcorporateincometax ratesfrom4.85%to4.80% (S)

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredients (O)

Forpoliceandteachers,reducesthewaiting periodforpost-retirementreemploymentfrom1 yearto60days (O)

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

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredients, excludescandy (O)

Pierucci EstablishestheUtahFitsAllScholarshipProgram (S)

ProposaltoAmendUtahConstitution-Revenueand Taxation McCay

HouseofRepresentativesSponsoredLegislation

HB56 TaxAssessmentAmendments

HB58 TaxModifications

HB83 TaxCreditforEducatorExpenses

HB88 SocialSecurityTaxAmendments

Eliason

Permitstheexemptionofgreaterthan45%ofthe fairmarketvalueofresidentialpropertybe exemptionfrompropertytax;andprohibitsthe Statefromimposingataxonthetransferofreal property. Notopposedtothe prohibitionoftransfertax. (O)

Requiresacountyassessortoprovidecertain assessmentdatatothecommissionanddatesit isdueby (S)

Spendlove Makestechnicalcorrectionsrelatedtotax (M)

Birkeland

Brooks

Enactsanonrefundableindividualincometax creditthataneligibleeducatormayclaimfor certainout-of-pocketclassroomexpenses (O)

Expandseligibilityforthesocialsecuritybenefits taxcreditbyincreasingthethresholdsforthe income-basedphaseout (S)

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

UtahTaxpayersAssociation2023LegislativeWatchlist-January17,2023

Number Title

Sponsor Description

HB104 ModificationstoPublicSafetyRetirement

HB130 AdoptionTaxCredit

Gwynn

Shipp

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

Comments Position HouseFloor SenateFloor

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

Enactsanonrefundableandarefundable individualincometaxcreditforexpensesrelated totheadoptionofachild,forwhicheligibility dependsontheindividual'sincome (O)

HB170 ChildCareTaxCreditAmendments Pulsipher Enactsanonrefundablechildcaretaxcredit (O)

HB175 SchoolFeesAmendments

HB213 SocialSecurityTaxAmendments

SenateSponsoredLegislation

SJR1

ProposaltoAmendUtahConstitution-PropertyTax Exemptions

Strong

Thurston

Prescribes,modifiesandauthorizeswhatfeesan LEAmaychargeasecondarystudent (S)

Establishesalimitontheamountofsocial securitybenefitthatiseligibleforthetaxcredit andremovestheincomelimitationsoneligibility forthetaxcredit (S)

Fillmore

SB11 RetirementFiscalNoteRequirements

Fillmore

SB14 LeasedTangiblePersonalPropertyTax Wilson

Authorizeapropertytaxexemptionforprivately ownedrealpropertythatisusedtosupportpublic education,children,orindividualswithadisability. (M)

LFAtoincludespecifiedadditionalinformationin thefiscalestimateforeachproposedbillthat changesretirementbenefitsforpublicemployees. (S)

Providesthatthesaleofleasedtangiblepersonal propertyfromthelessortothelesseeissubjectto salesandusetax. (M)

SB34 WaterInfrastructureFundingStudy McCay

SB81 PropertyTaxDeferralRevisions

SB82 SalesTaxAmendments

Fillmore

DirectstheDepartmentofNaturalResourcesto studytheuseofpropertytaxrevenuetofund waterinfrastructure,treatment,andreportto committee. (S)

Addresseswhendeferredpropertytaxescome due;makestechnicalchanges.Changes implementationdate. (S)

Harper

Clarifiesthatthecommissionrequiresasellerto renewanexemptioncertificatewhenmorethan 12monthselapsebetweentransactionsbetween asellerorcertifiedproviderandapublisher. (M)

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