Week 3 - Watchlist 2023

Page 1

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

UtahTaxpayersAssociation2023LegislativeWatchlist-February3,2023

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredients

Removesthestatetaximposedonamountspaid orchargedforfoodandfoodingredients, excludescandy

EstablishestheUtahFitsAllScholarshipProgram andraisesteachersalaries

EnactsthePollutionEmissionReductionAct, createsavehicleemissionsfeeprogram,imposes requirementsonstructures,increasesfueltaxon non-tier3gasoline

Lowerstheindividualandcorporatestateincome taxfrom4.85%to4.65%

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

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

FiscalNote-$375MMin 2025 S

HB296 MinimumBasicTaxRateReduction

Brooks

HB345 LocalDistrictPropertyTaxAmendments Peterson

HB372 LocalSchoolDistrictReferendumAmendments Cobb

SJR1 ProposaltoAmendUtahConstitution-RevenueandTaxation McCay

SB141 ReductionofMinimumBasicTaxRate

Harper

LowerstheStateBasicLevy,eliminatestheWPU valuerateaddedfromthefreezebill,andthe equitypupilrate

Requiresnon-electeddistrictstoreportproposed taxincreasesorbondissuancestotheir respectivemunicipallegislativebody,and requiresthatelectedmunicipallegislativebodyto makearecommendationontheproposal

Allowslocalschooldistricts'proposedtax increasestobereferredtovotersforapprovalor rejectionbyreferendum (S)

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

LowerstheStateBasicLevy,eliminatestheWPU valuerateaddedfromthefreezebill,andthe equitypupilrate

SB164 FoodTaxAmmendments

Escamilla

RemovesstatesalestaxonfoodonallSNAPand WICeligibleitemsforeveryone (O) HouseofRepresentativesSponsoredLegislation

Number Title Sponsor Description Comments Position HouseFloor SenateFloor HighPriorityLegislation HB54 TaxRevisions Eliason
FiscalNote-$96MM S HB101 FoodSalesTaxAmendments Rohner
Lowerstheindividualandcorporateincometax ratesfrom4.85%to4.80%
Fiscal
O HB172 FoodSalesTaxAmendments Lesser
Note-$166MM
Fiscal
3SubHB215 FundingForTeacherSalariesandOptionalEducation Opportunities Pierucci
Note-$161MM O
S P P HB220 EmmissionsReductionsAmendments Stoddard
Fiscal
O HB240 IncomeTaxAmendments Abbott
Note-$936MM
S
S
S

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

UtahTaxpayersAssociation2023LegislativeWatchlist-February3,2023

Requiresacountyassessortoprovidecertain assessmentdatatothecommissionanddatesit isdueby.Addsclarificationtopassthrough

Enactsanonrefundableindividualincometax creditthataneligibleeducatormayclaimfor certainout-of-pocket

Expandseligibilityforthesocialsecuritybenefits taxcreditbyincreasingthethresholdsforthe income-basedphaseout

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

Enactsanonrefundableandarefundable individualincometaxcreditforexpensesrelated totheadoptionofachild,forwhicheligibility dependsontheindividual'sincome FiscalNote-$15MM O

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

HB144 HighCostInfrastructureDevelopmentTaxCreditAmendments Albrecht

HB170 ChildCareTaxCreditAmendments

Addsseverancetaxasaclaimablesourcefora taxcredit S

Pulsipher Enactsanonrefundablechildcaretaxcredit

HB175 SchoolFeesAmendments Strong

HB213 SocialSecurityTaxAmendments Thurston

HB231 LowIncomeHousingPropertyTaxExemption Eliason

Prescribes,modifiesandauthorizeswhatfeesan LEAmaychargeasecondarystudent

Establishesalimitontheamountofsocial securitybenefitthatiseligibleforthetaxcredit andremovestheincomelimitationsoneligibility forthetaxcredit

FiscalNote-$41.8MM O

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

FiscalNote-$106MM S

Providesapropertytaxexemptionforprivate propertyusedfor"permanentsupportivehousing" M

Number Title Sponsor Description Comments Position HouseFloor SenateFloor 1SubHB56 TaxAssessmentAmendments Eliason
taxation S 3SubHB58 TaxModifications Spendlove Makestechnicalcorrectionsrelatedtotax M P P HB83 TaxCreditforEducatorExpenses Birkeland
classroomexpenses FiscalNote-$28MM O HB88 SocialSecurityTaxAmendments Brooks
FiscalNote-$15MM S HB104 ModificationstoPublicSafetyRetirement Gwynn
FiscalNote-$47.8MMin unfundedliability M HB125 Post-retirementReemploymentAmendments Birkeland
FiscalNote-
in unfundedliability O
Post-retirementReemploymentModifications Birkeland
$47MM
HB126
FiscalNote-$73MMin unfundedliability O
AdoptionTaxCredit Shipp
HB130

UtahTaxpayersAssociation2023LegislativeWatchlist-February3,2023

tothetaxpayertaxcreditanadditionalUtah personalexemptionintheyearofaqualifying dependent'sbirth.

amountspaidorchargedfor constructionmaterialsusedtoopenorexpanda childcareprogramfromsalesandusetax.

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

Authorizeapropertytaxexemptionforprivately ownedrealpropertythatisusedtosupportpublic education,children,orindividualswithadisability.

LFAtoincludespecifiedadditionalinformationin thefiscalestimateforeachproposedbillthat changesretirementbenefitsforpublicemployees.

Providesthatthesaleofleasedtangiblepersonal propertyfromthelessortothelesseeissubjectto salesandusetax.

DirectstheDepartmentofNaturalResourcesto studytheuseofpropertytaxrevenuetofund waterinfrastructure,treatment,andreportto committee.

Addresseswhendeferredpropertytaxescome due;makestechnicalchanges.Changes implementationdate.

Clarifiesthatthecommissionrequiresasellerto renewanexemptioncertificatewhenmorethan 12monthselapsebetweentransactionsbetween asellerorcertifiedproviderandapublisher.

Positions
S
Formoreinformation,contact: RustyCannon,President-801.721.7136or MalahArmstrong,VicePresident-801.735.6782
notfinalizedindicated inparanthesis.
=Support.M= Monitor.O=Oppose.
Number Title Sponsor Description Comments Position HouseFloor SenateFloor HB260 PropertyTaxIncomeRequirement Briscoe Increasesthe
FiscalNote-$3MMstate, $7.1MMlocalshift S HB275 TaxDependentAmendments Lisonbee Adds
FiscalNote-$3.7MM M HB282 ChildCareCenterSalesTaxAmendments Watkins Exempts
FiscalNote-$520,000 O HB294 GovernmentalEntityBudgetTransparency Abbott Requirescertain
and
S HB298 VeteranPropertyTaxAmendments Pierucci Providesanexemptiononpropertytaxfor disabledveterans O HB301 TransportationTaxAmendments Schultz Increases
stations M HB307 UtahWaterWays Musselman
O HB322 BudgetReportingRequirements Ballard Requires
S SenateSponsoredLegislation SJR3 ProposaltoAmendUtahConstitution-PropertyTaxExemptions Fillmore
M SB11 RetirementFiscalNoteRequirements Fillmore
S P SB14 LeasedTangiblePersonalPropertyTax Wilson
M P P 1SubSB
WaterInfrastructureFundingStudy McCay
S 2SubSB81 PropertyTaxDeferralRevisions Fillmore
incomelimitforaclaimanttoqualify forahomeowner'sorrenter'scredit.
state
localentitiesto disclosecertaininformationabouttheirbudget
vehicleregistrationfeesby$5,reduces thestategastax,enactsataxonEVcharging
stateagenciestoprovidemorereporting regardingtheirnonlapsingbudgetexpenditures
34
S 2SubSB82 SalesTaxAmendments Harper
M

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

UtahTaxpayersAssociation2023LegislativeWatchlist-February3,2023

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

Number Title Sponsor Description Comments Position HouseFloor SenateFloor SB121 Car-SharingAmendments McKell Enactsprovisionsrelatedtocar-sharingbusiness platforms. S SB157 PersonalPropertyTaxAmendments Harper Repealstheelectionforassessmentandtaxation ofnoncapitalizedpersonalproperty M
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.