State Tax Day - Current, S.17, Utah—Property Tax: Truth in Taxation Amendments Enacted, (Mar 25, 2026)

Enacted Utah legislation addresses property tax increases through truth in taxation by doing the following:

• requires fiscal year taxing entities proposing a property tax rate increase to make a preliminary statement in a public meeting regarding the taxing entity's consideration of a tax rate increase;

• clarifies notice and publication requirements for towns proposing a tax rate increase that do not have public websites;

• clarifies the State Tax Commission's authority to deny a taxing entity's proposed tax rate increase for failing to meet truth in taxation requirements;

• provides for a one-year period in which the State Tax Commission is not required to deny a fiscal year taxing entity's proposed tax rate increase for failure to comply with certain truth in taxation requirements;

• requires fiscal year taxing entities proposing a property tax increase to: prepare and adopt an interim budget that includes a property tax impact schedule; and reserve a certain amount of the taxing entity's general fund revenue in a restricted budget account for a limited period of time; and

• includes a coordination clause to incorporate changes made to Sec. 59-2-919, Utah Code, in S.B. 238, Property Tax Adjustments.

Ch. 306 (H.B. 236), Laws 2026, effective May 6, 2026