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House adopts amendments and approves SB 26 to allow counties to exchange property tax for sales tax
Summary
The Utah House adopted floor amendments addressing redevelopment agency protections and referendum timing and passed Senate Bill 26 (county sales‑tax option) 70–1, sending the measure back to the Senate; sponsors said the change could reduce statewide property taxes by roughly $60–67 million if widely implemented.
The Utah House debated and amended Senate Bill 26 on Feb. 20, 1997 before approving it 70–1 and returning it to the Senate. The bill would let counties opt to exchange a quarter‑point of property‑tax capacity for a $0.25 countywide sales tax, subject to a dollar‑for‑dollar reduction in property tax and local public‑notice and referendum safeguards.
Representative Valentine described two classes of adopted amendments. The first addresses redevelopment‑agency (RDA) impacts using a band or ‘‘haircut’’…
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