SB0116 | Income Tax Modifications

Description
General Description: 

This bill modifies income tax provisions.

Highlighted Provisions: 

This bill drops income tax rate to 4.5%

Bill Details
Year: 
2025
Status: 
Senate/ filed
Last Action: 
Mar 07, 2025
Sponsor
Senator
Republican - District 18
Fiscal Note
Fiscal Note Amount: 
$0
None
Utah PTA Response
Utah PTA Position
Oppose
Utah PTA Resolution: 
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;