Fiscal Note - State of Utah - 2012 General Session

HB0387S01 - 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 could result in a shift in property payments among tax types. The actual impact will be dependent upon the number of taxpayers electing to use the provisions authorized in the bill.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill could result in a shift in property payments among taxpayers. The actual impact will be dependent upon the number of taxpayers electing to use the provisions authorized in the bill.