Sign Up
HB 367 Utah House · 2025 General Session

Charitable Contribution Tax Credit Amendments

HB 367 creates a nonrefundable income tax credit for Utah residents who make cash donations to nonprofit organizations focused on affordable housing. It requires donors to obtain certification from each housing organization for their contributions and limits the credit to the amount of tax owed in a given year. The bill applies retroactively to taxable years beginning January 1, 2025, and includes rules for nonresidents or part-year residents to claim a proportionate share of the credit. This policy directly affects individual taxpayers donating to qualifying affordable housing nonprofits, with no state funds appropriated for the credit.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates nonrefundable tax credit for housing donations, providing tax relief to donors while incentivizing contributions to affordable housing nonprofits.95% confidence ✓ HousingSupports HousingCreates tax credit for donations to affordable housing nonprofits, directly funding housing initiatives through incentives.95% confidence
Bill status introduced 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 31, 2025 Last action Mar 8, 2025
Maddy AI version diff · 1 comparison

What changed between versions

Introduced → Substitute #1 · 3 edits
MINOR
The bill was reformatted from a clean text version to a formatted substitute version with page numbers and timestamps. The substantive policy content remains largely the same, though Section 2(2) was modified to require the tax credit amount to be calculated as a product of qualifying contributions and a percentage from Section 59-10-104(2), rather than equal to the aggregate contribution amount. The Senate Sponsor field was removed.
Scope change
The bill's scope remains focused on creating a nonrefundable income tax credit for charitable contributions to affordable housing organizations, with the same eligibility requirements for nonresidents and part-year residents.
REQUIREMENT

Section 2(2) was changed to calculate the tax credit as the product of qualifying contributions and a percentage from Section 59-10-104(2), rather than equal to the full aggregate contribution amount.

TECHNICAL

The Senate Sponsor field was removed from the header information.

The document was reformatted from plain text to a formatted substitute bill with page numbers, timestamps, and line numbers.

Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
7
Key actions
0
Committee
0
Jan 31, 2025
Introduced
House/ 1st reading (Introduced)
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Karen Peterson
Karen Peterson
RRepublican
UT
13