SB0116 | Income Tax Modifications

Description
General Description: 
Highlighted Provisions: 

This bill drops income tax rate to 4.5%

Bill Details
Bill Number: 
SB0116
Year: 
2025
Status: 
Senate/ received fiscal note from Fiscal Analyst
Last Action: 
Jan 21, 2025
Sponsor
Senator
Daniel McCay
Republican - District 18
Fiscal Note
Fiscal Note Amount: 
$0
View Fiscal Note
Utah PTA Response
Utah PTA Position
Pending
Utah PTA Resolution: 
EDU 2023-1 | Education Funding
Impact on Children: 

Lowering the Income Tax rate means that there will be fewer funds available for public education.

Commission: 
Education
Utah PTA Public Policy Program
National PTA and Utah PTA Resolutions: 

Utah PTA and its constituent associations continue to urge the legislature to make public education revenue allocations and funding effort a high priority;