Fiscal Note

HB0077S02 - Personal Property Tax Amendments

State Impact:
Enactment of this bill will not require additional appropriations, but will require computer system reprogramming at the Utah State Tax Commission.

Individual, Business and/or Local Impact:
Passage of this bill will likely result in a shift of $3,500,000 from personal property to other property types. Counties are also likely to see some increased costs to rewrite computer code.