Fiscal Note - State of Utah - 2014 General Session

SB0180 - Property Tax Modifications

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

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individuals and businesses may see a shift in property tax burden. Depending on location, individuals owning a $250,000 home may see a tax change ranging from a decrease of $21 to an increase of $9.

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

2/12/2014, 7:10:47 AM, Lead Analyst: Young, T./Attny: RLROffice of the Legislative Fiscal Analyst