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
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
Lower income taxes for Utah residents
The law lowers Utah residents’ income tax rate from 4.5% to 4.45% of their state taxable income. Residents exempt under Section 59-10-104.1 remain exempt. The lower rate applies to tax years beginning on or after January 1, 2026. The law takes effect May 6, 2026, with the rate change reaching back to those tax years. Savings depend on your Utah taxable income.
Lower Utah tax rate for corporations
The law lowers the Utah corporate tax rate from 4.5% to 4.45% for domestic and foreign corporations. It applies to Utah taxable income or the Utah-sourced portion of income, depending on the corporate tax. Corporations exempt under Section 59-7-102 remain exempt, and the $100 minimum tax stays in place. The lower rate applies to tax years beginning on or after January 1, 2026. The law takes effect May 6, 2026, with the rate change reaching back to those tax years.
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
Senate 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