Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Utah committee hears federal tax reform update; state fiscal impact not yet known
Summary
A staff briefing outlined select provisions in H.R.1 but said Utah officials are still analyzing state fiscal effects and awaiting IRS guidance.
Federal tax changes in H.R.1 could affect how Utah calculates state tax revenue, a legislative policy analyst told a July interim committee, but the state is still analyzing the details and awaiting federal guidance.
Chris Stitt, policy analyst with the Office of Legislative Research and General Counsel, told the Revenue and Taxation Interim Committee that staff published a document titled “select tax provisions of HR 1 20 20 '5” summarizing…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
