HB 466 Utah House · 2025 General Session

Uniform Antitrust Pre-Merger Notification Act Amendments

HB 466 requires businesses filing federal merger notifications (under the Hart-Scott-Rodino Act) to also submit an electronic copy of their merger documents to Utah's Attorney General if they operate in Utah or meet specific sales thresholds there. The bill mandates that the Attorney General cannot charge fees for these filings, must act on them within 15-30 days (depending on the merger type), and must treat all submitted merger documents as confidential private records under Utah law. It prohibits public disclosure of these materials except in specific legal proceedings or when sharing with other states that have similar confidentiality protections. This law applies only to mergers filed after the bill’s effective date and aligns Utah’s process with the Uniform Antitrust Pre-Merger Notification Act.
Bill status passed 3 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Feb 2025
Senate Passage
Feb 2025
Governor
Introduced Feb 11, 2025 Last action Mar 8, 2025
Maddy AI version diff · 2 comparisons

What changed between versions

Substitute #1 Substitute #2 · 3 edits
MINOR
Substitute #2 adds a critical time limit requiring the attorney general to take action within 30 days (15 days for cash tender offers) after receiving a pre-merger notification, which was not specified in Substitute #1. This change ensures timely review of merger filings and prevents indefinite delays in processing antitrust notifications.
Scope change
The bill's scope remains the same regarding which transactions must be reported, but the enforcement timeline for the attorney general's response is now explicitly defined.
REQUIREMENT

Added a 30-day deadline (15 days for cash tender offers) for the attorney general to take action after receiving a pre-merger notification, replacing the vague 'provides a time limit' language in the highlighted provisions.

ENFORCEMENT

Modified Section 16-10a-2002(4) to explicitly require the attorney general to take action within specified timeframes rather than just prohibiting fees.

TECHNICAL

Updated formatting and numbering in the highlighted provisions to use bullet points (▸) and reorganized the text structure for clarity.

Floor votes

How they voted

This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history

Actions timeline

Total actions
23
Key actions
2
Committee
3
Feb 28, 2025
Committee
Senate/ to standing committee
upper
Feb 27, 2025
Introduced
Senate/ 1st reading (Introduced)
upper
Feb 27, 2025
Upper · Passed
House/ passed 3rd reading
upper
Feb 21, 2025
Lower · Passed
House Comm - Favorable Recommendation
lower
Feb 13, 2025
Committee
House/ to standing committee
lower
Feb 11, 2025
Introduced
House/ 1st reading (Introduced)
lower
1 primary · 1 co-sponsor

Sponsors