All Roll Calls
Yes: 115 • No: 28
UtahS.B. 602026 General SessionSenateWALLET
Income Tax Rate Amendments
Sponsored By: Daniel McCay (Republican)
Signed by Governor
Corporate TaxIncome TaxState Tax CommissionRevenue and TaxationIndividual Income Tax
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Lower Utah income tax for residents
The law lowers the resident income tax rate from 4.5% to 4.45%. It applies to your Utah state taxable income. Residents who are exempt under state law remain exempt. The new rate applies to tax years that begin on or after January 1, 2026. The law takes effect May 6, 2026.
Lower Utah corporate income tax rate
The law lowers Utah's corporate income tax rate from 4.5% to 4.45%. Corporations still owe at least $100. The 4.45% rate also applies when Utah taxes only a corporation's Utah-source income. Corporations that are exempt under state law remain exempt. The new rate applies to tax years that begin on or after January 1, 2026. The law takes effect May 6, 2026.
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Sponsors & Cosponsors
Sponsor
Daniel McCay
Republican • Senate
Cosponsors
Steve Eliason
Republican • House
Roll Call Votes
House vote • 3/4/2026
House/ passed 3rd reading
Yes: 61 • No: 11
House vote • 3/2/2026
House Comm - Favorable Recommendation
Yes: 8 • No: 2
Senate vote • 2/10/2026
Senate/ substitute adoption failed
Yes: 0 • No: 0
Senate vote • 2/10/2026
Senate/ passed 3rd reading
Yes: 22 • No: 7
Senate vote • 2/9/2026
Senate/ passed 2nd reading
Yes: 20 • No: 7
House vote • 1/28/2026
Senate Comm - Favorable Recommendation
Yes: 4 • No: 1
Actions Timeline
Governor Signed
3/23/2026Senate/ to Governor
3/11/2026SenateSenate/ received enrolled bill from Printing
3/11/2026SenateSenate/ enrolled bill to Printing
3/10/2026SenateEnrolled Bill Returned to House or Senate
3/10/2026Draft of Enrolled Bill Prepared
3/6/2026Bill Received from Senate for Enrolling
3/6/2026Senate/ signed by President/ sent for enrolling
3/5/2026SenateSenate/ received from House
3/5/2026SenateHouse/ to Senate
3/4/2026HouseHouse/ signed by Speaker/ returned to Senate
3/4/2026HouseHouse/ passed 3rd reading
3/4/2026HouseHouse/ 3rd reading
3/4/2026HouseHouse/ 2nd reading
3/4/2026HouseHouse/ Rules to 3rd Reading Calendar
3/4/2026HouseHouse/ return to Rules due to fiscal impact
3/3/2026HouseHouse/ committee report favorable
3/3/2026HouseHouse Comm - Favorable Recommendation
3/2/2026House/ to standing committee
2/26/2026HouseHouse/ 1st reading (Introduced)
2/10/2026HouseHouse/ received from Senate
2/10/2026HouseSenate/ to House
2/10/2026SenateSenate/ passed 3rd reading
2/10/2026SenateSenate/ substitute adoption failed
2/10/2026SenateSenate/ 3rd reading
2/10/2026Senate
Bill Text
Enrolled
3/10/2026
Substitute #1
2/10/2026
Introduced
12/30/2025
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