All Roll Calls
Yes: 166 • No: 1
UtahS.B. 2062026 General SessionSenateWALLET
Tax Amendments
Sponsored By: Wayne A. Harper (Republican)
Signed by Governor
Community Reinvestment AgenciesPolitical Subdivisions (Local Issues)Property TaxState Tax CommissionProperty Tax CollectionUtah Inland Port AuthorityCounty OfficersDivision of FinanceMilitary Installation Development AuthorityState TreasurerTax Increment Financing
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Bill Overview
Analyzed Economic Effects
16 provisions identified: 2 benefits, 1 costs, 13 mixed.
Property notices separate basic school rate
Beginning July 1, 2026, annual property valuation and tax-change notices must separately show the minimum basic school tax rate. This replaces the combined basic rate on the notice. This notice change does not itself change the rate or tax owed.
Statewide property tools support online appeals
Beginning May 6, 2026, Utah's statewide tax program provides property services, public tax-increment data, and property-information and electronic appeal portals. Counties must adopt the system unless their alternatives meet state appraisal rules and can exchange and use statewide data. The manager must track appeals, support county reporting, and set annual system performance measures. Required property-portal fields no longer include owner names or mailing addresses; parcel, property, market-value, and taxable-value details remain required. Valuation services cover third- through sixth-class counties; hired appraisers need a state license or certificate, commission approval, and a finding that hiring supports program goals.
Telecom companies face centralized property reporting
Beginning May 6, 2026, telecom providers must electronically file signed Utah personal-property statements with the statewide manager by March 31 annually. Statements cover property owned, possessed, managed, or controlled, itemized by county and tax area for the year beginning January 1. Providers may amend agreed items between March 31 and May 31. The manager handles specified valuations and tax notices; providers must pay the noticed tax by June 30. Valuation appeals are due by the later of July 30 or 60 days after the notice is mailed.
Unfinished buildings need different tax valuations
For property under construction on January 1, county assessors cannot use permit value to value the unfinished construction. They must use another valuation method. The supplied provision does not establish whether an owner's tax bill rises or falls.
Extra notice before property filing penalties
Beginning January 1, 2026, first-class county assessors must mail another request when owners fail to file requested signed property statements. The follow-up must explain the consequences of not filing. Assessors must wait 30 days after its postmark date before imposing a failure-to-file penalty. They may charge owners the actual, necessary cost of mailing that request.
Equipment rentals can include tax recovery fees
Beginning January 1, 2026, qualifying Utah rental businesses may add 1.5% of the rental charge for each heavy-equipment item. Businesses must be in industry codes 532310 or 532412 and get at least 51% of revenue from heavy-equipment rentals. The fee must appear separately, is not subject to sales tax, and cannot be charged to government entities. Collections must reimburse equipment property taxes paid during that same calendar year. The Tax Commission must report recommendations on the fee rate by September 30, 2027.
Convention zones can count more tax revenue
Beginning May 6, 2026, property-tax increment includes qualifying collection areas named in a convention-center reinvestment zone proposal. The calculation compares revenue from current assessed value and certified rates with revenue based on base taxable value. This expands revenue counted for qualifying zones and changes how local tax money is allocated. It does not directly change an individual household's tax calculation.
Counties fund and support statewide valuations
Beginning May 6, 2026, qualifying levy-funded property and unspent revenue transfer to the statewide manager, including assets acquired before that date. Counties must send multicounty levy receipts quarterly by the 10th day of the month after each quarter ends. Late county payments owe 10% annual interest until sent; receipts and penalties go into the Property Tax Valuation Fund. Finance officials allocate money after checking authorized budget uses, allocate later receipts within 30 days, and may retain review costs. The program manager alone controls allocated spending and may use it only for the statewide tax program.
Fire and police district tax formulas change
Beginning January 1, 2026, qualifying fire and police districts calculate equalized tax rates using participating local governments' revenue needs and combined taxable property values. Participating governments include those currently in the district, not just those present when it began. Certified rates adjust after district creation or annexation. The service area must have been created without a required election; police districts must be in a first-class county. The provision does not establish whether individual property-tax bills rise or fall.
Local property tax growth calculations change
Beginning January 1, 2027, certified property-tax-rate calculations exclude certain improvements or new structures that add no residential or commercial building area. The exclusion does not cover value increases previously assessed as partly completed new growth and remains subject to statutory limits. Tangible personal property also no longer counts as project-area new growth for the specified taxing entities. These calculation changes do not establish whether a particular household pays more or less.
Public tax-funded projects must explain benefits
Beginning July 1, 2026, tax-increment financing entities must hold public authorization meetings and file disclosures before specified actions. Disclosures go to the program manager within 30 days after the meeting. They must explain intended projects, tax amounts, collection costs, why projects need funding, and how benefits are shared. Benefit analyses compare nearby residents and taxpayers with other parties. They estimate discounted annual allocations or bond financing over the collection period or 40 years, whichever is longer, and taxing-entity revenue over 40 years.
Tax-funded projects face fees and withholding
Beginning May 6, 2026, database fees for tax-increment entities are allowed, but combined charges cannot exceed actual creation, maintenance, and analysis costs. The manager reports annually by the legislative committee's October meeting; independent audits begin in 2030 and repeat every three years. Missing required information by April 1 triggers referral to the state auditor and public notice. After two consecutive years of missing information, the county treasurer withholds 20% of the entity's increment. Funds proven necessary for contracts or debt payments are protected, and withheld money is released after compliance.
Tax-funded projects face notice and renewal deadlines
Beginning May 6, 2026, entities planning tax-increment collections must notify affected taxing entities within 30 calendar days after required submissions. Property-tax collectors need notice by December 31 of the year before receipt begins. Sales-tax notice is due at least 180 days before the start quarter; any longer legally required notice period applies. After five years without the specified action, the entity must hold a new authorization meeting and resubmit information, updating it when applicable. Entities must also provide information the manager requests to fix disclosure gaps.
Tax-funded zones face collection and spending caps
Beginning May 6, 2026, tax-increment entities may spend money only for disclosed purposes. Collections stop when the authorized period ends or the disclosed total is reached. Housing-and-transit, convention-center, and first-home zones also cannot exceed their disclosed proposal projections or limits. Entities receiving excess funds must promptly notify the county auditor, assessor, and Tax Commission and ensure return to the proper taxing entities. Local entities must use extra revenue to retire bonds or speed debt repayment when the debt allows that without penalties.
Tax-funded zones must file project reports
Beginning May 6, 2026, covered tax-increment entities must provide plans, budgets, applicable agreements, and maps by January 1, 2027. Project areas created after January 1, 2027, must provide them before January 1 of the following year. Annual progress and project, tax, development, and budget reports begin January 1, 2028. Covered recipients include municipalities, public transit counties, infrastructure districts, first-home zones, sporting-venue zone creators, and the Inland Port Authority when expecting or receiving increment. Agencies and infrastructure districts administering property-tax increment, including first-home-zone agencies, also face the listed audit requirements; households do not file these reports.
Unclear overlap in valuation fund rules
The law removes the scheduled July 1, 2030 repeal of the Property Tax Valuation Fund's allocation and spending rules. A separate supplied provision lists those same rules as repealed effective January 1, 2026. The supplied provisions do not explain how these conflicting instructions fit together. They do not establish a direct household tax change.
Sponsors & Cosponsors
Sponsor
Wayne A. Harper
Republican • Senate
Cosponsors
R. Neil Walter
Republican • House
Roll Call Votes
House vote • 3/6/2026
House/ substituted
Yes: 0 • No: 0
House vote • 3/6/2026
House/ passed 3rd reading
Yes: 64 • No: 1
Senate vote • 3/6/2026
Senate/ concurs with House amendment
Yes: 26 • No: 0
House vote • 3/2/2026
House Comm - Amendment Recommendation
Yes: 9 • No: 0
House vote • 3/2/2026
House Comm - Favorable Recommendation
Yes: 9 • No: 0
Senate vote • 2/24/2026
Senate/ passed 3rd reading
Yes: 25 • No: 0
Senate vote • 2/23/2026
Senate/ substituted
Yes: 0 • No: 0
Senate vote • 2/23/2026
Senate/ uncircled
Yes: 0 • No: 0
Senate vote • 2/23/2026
Senate/ passed 2nd reading
Yes: 27 • No: 0
Senate vote • 2/20/2026
Senate/ circled
Yes: 0 • No: 0
Senate vote • 2/2/2026
Senate Comm - Favorable Recommendation
Yes: 3 • No: 0
Senate vote • 2/2/2026
Senate Comm - Substitute Recommendation
Yes: 3 • No: 0
Actions Timeline
Governor Signed
3/23/2026Senate/ to Governor
3/16/2026SenateSenate/ received enrolled bill from Printing
3/16/2026SenateSenate/ enrolled bill to Printing
3/12/2026SenateEnrolled Bill Returned to House or Senate
3/12/2026Draft of Enrolled Bill Prepared
3/11/2026Bill Received from Senate for Enrolling
3/11/2026Senate/ signed by President/ sent for enrolling
3/11/2026SenateSenate/ received from House
3/11/2026SenateHouse/ to Senate
3/7/2026HouseHouse/ signed by Speaker/ returned to Senate
3/7/2026HouseHouse/ received from Senate
3/7/2026HouseSenate/ to House
3/6/2026SenateSenate/ concurs with House amendment
3/6/2026SenateSenate/ placed on Concurrence Calendar
3/6/2026SenateSenate/ received from House
3/6/2026SenateHouse/ to Senate
3/6/2026HouseHouse/ passed 3rd reading
3/6/2026HouseHouse/ substituted
3/6/2026HouseHouse/ 3rd reading
3/6/2026HouseHouse/ Rules to 3rd Reading Calendar
3/6/2026HouseHouse/ 3rd Reading Calendar to Rules
3/3/2026HouseHouse/ 2nd reading
3/3/2026HouseHouse/ comm rpt/ amended
3/3/2026HouseHouse Comm - Favorable Recommendation
3/2/2026
Bill Text
Enrolled
3/12/2026
Substitute #4
3/4/2026
Amended 3/3/2026 10:03:297
3/3/2026
Substitute #3
2/22/2026
Substitute #2
2/17/2026
Substitute #1
2/2/2026
Introduced
1/27/2026