HB0354 | Truth in Taxation Revisions

Description
General Description: 

This bill modifies requirements for property tax increases.

Highlighted Provisions: 

This bill would require voter approval for any increases to property tax rates until 2027.

Bill Details
Year: 
2024
Status: 
House/ filed
Last Action: 
Mar 01, 2024
Sponsor
Representative
Republican - District 60
Fiscal Note
Fiscal Note Amount: 
$0
None
Utah PTA Response
Utah PTA Position
Oppose
Utah PTA Resolution: 
Impact on Children: 

The only revenue stream for schools that LEAs have control over is the property tax rate. There is a process that they must follow to notice and vote on an increase, and public comment is a significant part of that process. Property taxes are a stable funding mechanism, and restricting their ability to raise those rates could have negative consequences on our schools.

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.