Fiscal Note - State of Utah - 2013 General Session

HB0067S01 - Property Taxation Revisions

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill should not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill will result in a shift in taxes between classes of property of about $2.7 million beginning in FY 2014.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill will result in an aggregate shift between taxpayers of about $2.7 million. Individual impacts will vary by taxpayer.

Performance Note Required? (Joint Rule 4-2-404): No