SB0069 | Income Tax Amendments

Description
General Description: 

This bill modifies income tax provisions.

Highlighted Provisions: 

Reduces the income tax rate from 4.65% to 4.55%

Bill Details
Year: 
2024
Status: 
Governor Signed
Last Action: 
Mar 14, 2024
Sponsor
Senator
Republican - District 2
Fiscal Note
Fiscal Note Amount: 
$0
None
Utah PTA Response
Utah PTA Position
Oppose
Utah PTA Resolution: 
Impact on Children: 

Further reductions in the income tax rate harm our public schools. There are many unmet needs that could be met with the additional funding.

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

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