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Senate passes a package of House bills on property assessment, DAOs, adoption credit, education and unclaimed property

Utah State Senate · March 1, 2023
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

On a busy floor day the Utah Senate approved numerous House-originated measures including property assessment reporting reforms, a bill recognizing DAOs for limited liability, an adoption tax credit, juvenile justice and education amendments, and an unclaimed-property automation measure returning funds to owners.

The Utah Senate advanced a broad group of House-originated bills in a single floor session, passing measures that range from property-assessment reporting to recognition of blockchain-based business structures.

Key items passed and floor highlights:

- First Substitute House Bill 56 (Tax assessment amendments): Sponsor Senator Fillmore said a state-auditor audit showed some county assessors had not updated valuations for years; the bill requires assessors to provide data to the Tax Commission for timeliness evaluation. Passed (19–0 recorded yeas in roll call as announced on the floor).

- Third Substitute House Bill 226 (Sale of a firearm amendments): Senator…

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