Revenue and Taxation Interim committee

1. Committee Business

· Call to Order

· Approval of the minutes of the September 16, 2025, and the October 15, 2025, meetings

2. Draft Legislation: Tax Modifications

This draft legislation implements policy changes discussed during the 2025 Interim.

· Committee staff

· Committee discussion

· Public comment

· Committee action

3. Draft Legislation: Property Tax Relief Amendments

This draft legislation makes changes to property tax relief through the renter’s credit, homeowner’s credit, property tax deferral program, and indigent abatement program.

· Senator McCay

· Committee discussion

· Public comment

· Committee action

4. Draft Legislation: Property Tax Rate Amendments

This draft legislation limits the total amount of additional property tax revenue a taxing entity may obtain through truth-in-taxation, except if obtained for purposes of funding disaster response and recovery.

· Senator McCay

· Committee discussion

· Public comment

· Committee action

5. Draft Legislation: Taxpayer Information Sharing Amendments

This draft legislation requires the Driver License Division to provide county assessors with certain personal identifying information for each person issued a driver license and limits a county assessor’s use of information provided by the Driver License Division to the purpose of verifying a property owner’s eligibility to receive a residential exemption.

· Representative Shelley

· Committee discussion

· Public comment

· Committee action

6. Draft Legislation: Vehicle Registration and Insurance Amendments

This draft legislation amends a provision to require a vehicle owner to maintain liability insurance on a vehicle if the vehicle is operated on a highway, not merely registered.

· Representative Kyle

· Committee discussion

· Public comment

· Committee action

7. Draft Legislation: Dyed Diesel Fuel Search Amendments

This draft legislation establishes that a government official may only inspect a vehicle for a dyed diesel fuel violation if the official has probable cause that a dyed diesel fuel violation has occurred, has consent of the owner of the vehicle, or is conducting the search at a port-of-entry in compliance with Section 72-9-501.

· Representative Gricius

· Committee discussion

· Public comment

· Committee action

8. Penny shortage

The committee will hear a presentation from the State Tax Commission on the shortage of pennies and related issues with sales and use tax.

· State Tax Commission

· Committee discussion

· Public comment

· Committee action

9. Motor Fuel Tax

The committee will discuss the motor fuel tax and potential changes for the 2026 General Session.

· Representative Roberts

· Committee discussion

· Public comment

· Committee action

10. Property Tax Levy and Revenue Limits

The committee will discuss the concept of limiting the growth of property taxing entity revenue and spending.

· Representative Auxier

· Committee discussion

· Public comment

· Committee action

11. Tax System Design – Administration and Compliance

The committee will hear a presentation from the Kem C. Gardner Policy Institute on how a tax system can ensure reasonable administrative and compliance burdens for households, businesses, and government.

· Maddy Oritt, Senior Public Finance Economist, Kem C. Gardner Policy Institute

· Phil Dean, Chief Economist and Public Finance Senior Research Fellow, Kem C. Gardner Policy Institute

· Committee discussion

· Committee action

12. Statutorily Required Reports

The committee has received several reports as required by statute. These reports are the: