Budget & Taxes (Property Tax)

in committee · Utah · Senate Mar 7, 2026

SB 309: Single-family Home Rental Modifications

SB 309 requires owners of single-family homes rented to register with local authorities, including property managers. It imposes an excise tax on owners who manage 25 or more rental homes and creates a grant program for municipalities to help transition rental properties to owner-occupied homes. The bill mandates that registration notices be included with 2026 property tax notices and requires the Division of Real Estate to share registered property data with county assessors. It affects rental property owners, local governments, and municipalities, with provisions set to take effect in 2026. The bill includes technical changes but does not appropriate funds for implementation.

Topics ✓ Budget & TaxesSupports Budget & TaxesImposes excise tax on large rental owners and funds municipal grants for housing transitions, directly advancing tax revenue and fiscal management.95% confidence ✓ HousingSupports HousingCreates grant program to transition rentals to owner-occupied homes, advancing affordable housing goals through municipal funding and registration requirements.90% confidence

Sub-Topics Business Taxes Property Tax Sales Tax Affordable Housing Landlords Property Taxes

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signed · Utah · House Mar 19, 2026

HB 300: School District Taxation Amendments

HB 300 extends a 5-year "hold harmless" period for school districts that reduce their tax rates due to changes in property valuation. This protects districts from losing state funding guarantees if they proportionally lower all local tax levies (voted, board, and capital). The bill phases out excess state funding received in 2025 over three years (2026-2028), requiring districts to gradually reduce payments until 2029. It does not appropriate new funds but adjusts how existing state guarantee money is distributed to maintain stability during tax rate changes.

Topics ✓ Budget & TaxesSupports Budget & TaxesProtects school districts from losing state funding guarantees when reducing local tax rates, maintaining fiscal stability without new appropriations.95% confidence ✓ EducationSupports EducationExtends 'hold harmless' period to protect school district funding guarantees from tax reductions, preventing loss of state funding without new appropriations.90% confidence

Sub-Topics Business Taxes Property Tax State Budget School Funding

failed · Utah · Senate Mar 7, 2026

SB 78: Property Tax Relief Amendments

SB 78 modifies Utah's property tax relief programs, effective 2027, primarily affecting renters, homeowners, and elderly property owners. It expands eligibility for a renter's credit and adds a two-year recency requirement for homeowner credits and indigent abatements, while prohibiting multiple forms of relief (with exceptions). Key changes include removing annual inflation adjustments for homeowner credits, extending delinquency periods to 10 years for seniors 70+, and setting a 6% interest rate for seniors 65+. The bill also requires counties to provide clearer information about deferral programs and tax relief options on official notices.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill explicitly expands renter tax credit eligibility and modifies relief programs to provide tax relief, directly advancing property tax relief for target groups per bill title and summary.95% confidence

Sub-Topics Property Tax

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in committee · Utah · House Mar 7, 2026

HJR 7: Proposal to Amend Utah Constitution - Property Tax Modifications

HJR 7 proposes amending Utah's constitution to allow the legislature to exempt up to 60% of the fair market value of residential property from property tax (previously capped at 45%). If approved by voters, this would directly reduce property tax bills for most Utah homeowners by lowering the taxable portion of their primary residence. The amendment requires voter approval at the next general election, with implementation set for January 1, 2027, if passed. This change modifies Article XIII, Section 3 of the Utah Constitution, specifically updating the statutory exemption limit for residential property.

Topics ✓ Budget & TaxesSupports Budget & TaxesReduces property tax burden by exempting more home value, providing direct tax relief to homeowners. Aligns with tax relief indicators for Budget & Taxes.95% confidence

Sub-Topics Property Tax

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signed · Utah · House Mar 23, 2026

HB 236: Truth in Taxation Amendments

HB 236 requires local governments (like cities and school districts) proposing property tax increases to follow specific transparency steps. It mandates that these entities make a public statement about considering a tax hike before approval and submit two budgets: one without the proposed tax revenue and another including it if approved. The bill also clarifies the State Tax Commission's power to reject increases that don't meet these requirements. This directly affects how local taxing entities plan and present property tax changes, aiming to increase public accountability without new funding.

Topics ✓ Budget & TaxesSupports Budget & TaxesPromotes fiscal responsibility through transparency requirements for local property tax increases, ensuring accountability in budgeting processes.85% confidence

Sub-Topics Business Taxes Property Tax State Budget

in committee · Utah · House Mar 7, 2026

HB 161: Property Tax Modifications

HB 161 increases Utah's residential property tax exemption from 45% to 60% of a home's fair market value for primary residences, directly affecting homeowners who qualify for this exemption. The bill modifies Utah Code Section 59-2-103 to implement this change, contingent on voters approving a related constitutional amendment (H.J.R. 7) in the 2026 election. If approved, the exemption rate would take effect on January 1, 2027, reducing the taxable value of qualifying primary residences. This change applies only to properties used as primary residences for at least 183 days annually and limits exemptions to one primary residence per household.

Topics ✓ Budget & TaxesSupports Budget & TaxesIncreases property tax exemption from 45% to 60% for primary residences, directly reducing tax burden on homeowners - classic tax relief provision.95% confidence ✓ HousingSupports HousingIncreases property tax exemption for primary residences, reducing housing costs for homeowners, directly advancing affordable housing affordability through tax relief.90% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes

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signed · Utah · House Mar 24, 2026

HB 325: Government Records Classification Amendments

HB 325 modifies Utah's government records law to make certain financial records public while keeping tax exemption details private. It requires all government entities to classify records showing fund receipts or expenditures - such as budgets, grant documents, vendor payments, and financial reports - as public information. Conversely, it classifies any record revealing whether a taxpayer receives property tax exemptions, deferrals, or abatements as private. These changes apply to all Utah government agencies without new funding requirements.

Topics ✓ Budget & TaxesSupports Budget & TaxesBill mandates public access to budget/spending records (e.g., financial reports, vendor payments) promoting fiscal transparency. Keeps tax exemption details private but doesn't alter tax policy. Primary focus supports budget transparency per subje...95% confidence

Sub-Topics Property Tax Tax Incentives Tags Government Transparency

signed · Utah · House Mar 13, 2026

HB 46: Taxpayer Information Sharing Amendments

HB 46 allows Utah's Driver License Division to share specific driver license information - such as a person's name, license number, and current residential address - with county assessors. This data can only be used to verify whether property owners qualify for residential property tax exemptions. The bill strictly prohibits county assessors from using this information for any other purpose. It makes technical updates to existing laws governing data sharing between the Driver License Division and county assessors.

Topics ✓ Budget & TaxesSupports Budget & TaxesEnables verification of property tax exemptions, directly supporting tax relief for qualifying homeowners per bill's purpose and subjects.90% confidence

Sub-Topics Property Tax

passed · Utah · House Mar 7, 2026

HB 124: Veteran Armed Forces Property Tax Exemption Amendments

This bill simplifies property tax exemption applications for Utah veterans who are disabled or killed in action, and their surviving spouses or minor children. It requires counties to accept a single application for the exemption unless a veteran's disability rating changes or the claimant changes. Counties can no longer demand repeated proof of disability beyond the initial filing, and the exemption covers 100% of property value for eligible veterans (with 10%+ disability) or survivors of veterans killed in action. The changes apply retroactively with no new state funding required.

Topics ✓ Budget & TaxesSupports Budget & TaxesProvides property tax exemption for disabled veterans, reducing their tax burden and aligning with tax relief indicators for lower-income groups.95% confidence ✓ HousingSupports HousingProvides property tax exemption for veterans, reducing housing costs for eligible individuals, supporting affordable housing access.85% confidence ✓ VeteransSupports VeteransSimplifies property tax exemption for veterans (10%+ disability) and survivors, eliminating repeated proof and ensuring 100% coverage, directly expanding access to benefits.95% confidence

Sub-Topics Property Tax Tax Incentives Property Taxes Veteran Benefits Veteran Healthcare

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