Budget & Taxes (Income Tax)

in committee · Utah · Senate Mar 7, 2026

SB 116: Income Tax Rate Modifications

SB 116 modifies Utah's individual income tax rates based on actual state revenue performance. It directly affects Utah taxpayers by setting a formula that lowers the tax rate by 0.01% for every $22.2 million (or more) the state collects in revenue above its forecasted amount. The bill requires the State Tax Commission to annually calculate and publish the adjusted rate, using specific revenue thresholds and cost-per-0.01% figures for fiscal years 2027-2036. This mechanism applies to tax years beginning in 2027 through 2038, with rates initially set at 4.5% for 2027-2028 and then adjusted annually based on revenue outcomes.

Topics ✓ Budget & TaxesSupports Budget & TaxesModifies tax rates downward when revenue exceeds forecasts, providing automatic tax relief and promoting fiscal responsibility through revenue-based adjustments.95% confidence

Sub-Topics Business Taxes Income Tax Revenue

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introduced · Utah · House Mar 7, 2026

HB 159: First Responder Volunteer Tax Credit

HB 159 creates a nonrefundable income tax credit for Utah residents who volunteer as first responders. It provides $250 for 100-199 volunteer hours or $500 for 200+ hours per year, directly benefiting certified first responder volunteers who meet the hour requirements. To claim the credit, volunteers must obtain a certification from their agency documenting their hours and retain this record for tax purposes. The credit applies retroactively to taxable years beginning January 1, 2026, and takes effect May 6, 2026. This policy incentivizes community service by reducing tax liability for qualifying volunteers.

Topics ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit reducing liability for first responder volunteers, providing direct tax relief under income tax framework95% confidence

Sub-Topics Income Tax Tax Credits Tags Public Safety

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signed · Utah · House Mar 19, 2026

HB 148: Tax Return Donation Amendments

HB 148 creates a School Meals Debt Relief Fund, allowing Utah taxpayers to voluntarily contribute to the fund when filing their state income tax returns. Local school districts must report their outstanding student meal debt to the State Board of Education, which then distributes funds based on each district's proportion of total statewide school meal debt. School districts must use these funds solely to pay off unpaid student meal balances, and any unused funds must be returned within 60 days for redistribution to other qualifying districts. The program begins for tax years starting January 1, 2026, with the State Board of Education managing data collection and fund distribution.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill creates voluntary tax contributions to fund school meal debt relief, directly supporting public education funding through taxpayer donations without mandatory tax increases.95% confidence ✓ EducationSupports EducationCreates School Meals Debt Relief Fund to pay unpaid student meal balances, directly relieving financial burden on school districts and freeing resources for educational purposes.95% confidence

Sub-Topics Income Tax Student Health

in committee · Utah · Senate Mar 7, 2026

SB 118: Mental Health Services in Higher Education

SB 118 creates a $1.5 million grant for Utah public universities to improve student mental health services. It requires institutions to either establish peer coaching programs - where trained student volunteers provide non-clinical support - or use funds for other mental health services. Peer coaches, defined as student volunteers (not licensed professionals), can offer support like mentoring or resource referrals but cannot diagnose or provide clinical therapy. The grant, funded by reallocating existing income tax revenue, takes effect July 2026 and exempts peer coaches from liability for their non-clinical support.

Topics ✓ Budget & TaxesSupports Budget & TaxesAllocates $1.5M from reallocated state funds to fund university mental health services, directly advancing budget resource allocation for public services.95% confidence ✓ EducationSupports EducationAllocates $1.5M grant for mental health services in higher education, directly funding student support programs under Education topic.90% confidence ✓ HealthcareSupports HealthcareSB 118 allocates $1.5M grant to fund mental health services at Utah universities, explicitly strengthening student mental health access through peer programs and service expansion.95% confidence

Sub-Topics Income Tax Revenue Student Health Mental Health

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failed · Utah · House Mar 7, 2026

HB 210: Tax Penalties Amendments

HB 210 modifies Utah's Individual Income Tax Act to reduce tax burdens for certain filers. It removes marriage penalties by setting half the income phaseout limits for single, head of household, and married filing separately filers compared to joint filers, and creates a new nonrefundable tax credit for married filers. The bill directly affects Utah taxpayers with these filing statuses, particularly married couples who file separately. It applies retroactively to prior tax years, requires no new state funding, and amends multiple tax code sections to implement these changes.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces tax burdens for married filers via removed penalties and new tax credit, directly providing tax relief per Budget & Taxes indicators.95% confidence

Sub-Topics Income Tax Tax Credits

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signed · Utah · House Mar 25, 2026

HB 376: Land Management Funding Amendments

HB 376 creates the Utah Forest Restoration Institute at Utah State University to improve forest and watershed health. The institute will conduct research, develop wildfire risk mitigation strategies, and coordinate with the existing Watershed Restoration Initiative to fund projects, including emergency requests after natural disasters. The bill appropriates $3.8 million from the Income Tax Fund for fiscal year 2027 to support these efforts. It requires the institute to monitor project effectiveness, review funding requests, and submit annual reports to legislative committees.

Topics ✓ Budget & TaxesSupports Budget & TaxesAppropriates $3.8M from Income Tax Fund to fund forest/watershed programs, strengthening public service funding.95% confidence ✓ EnvironmentSupports EnvironmentFunds research and projects to improve forest/watershed health, directly advancing environmental protection through conservation and natural resource management.95% confidence

Sub-Topics Income Tax Forestry Public Lands Water Quality

signed · Utah · Senate Mar 23, 2026

SB 60: Income Tax Rate Amendments

SB 60 lowers Utah's corporate and individual income tax rates from 4.5% to 4.45% for tax years beginning on or after January 1, 2026. It directly affects corporations operating in Utah and residents filing state income taxes. The bill reduces the tax rate on both corporate franchise income and individual state taxable income, with the change applying retroactively to the 2026 tax year. No new state spending is involved, as the bill only adjusts existing tax rates.

Topics ✓ Budget & TaxesSupports Budget & TaxesLowers corporate and individual income tax rates from 4.5% to 4.45%, providing direct tax relief per bill summary.95% confidence

Sub-Topics Business Taxes Income Tax