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Utah House advances budget and several bills; mortgage broker overhaul survives contested floor amendments

Utah House of Representatives · March 2, 2004
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Summary

The Utah House on May 3 passed the appropriations bill and approved a string of bills including a property‑tax confidentiality clarification and an anti‑stacking rule for uninsured motorist claims. A major mortgage‑licensing overhaul (1st substitute SB178) passed after spirited floor debate and failed amendments.

The Utah House of Representatives voted May 3 to advance the state budget, approved clarifying changes to property‑tax confidentiality and insurance rules, and cleared a contested mortgage‑broker regulatory overhaul.

House members approved first substitute Senate Bill 163, which narrows what commercial data on property tax returns may be disclosed and allows closed meetings to discuss confidential commercial information, after Representative Farren described line‑specific clarifications to the earlier special‑session law. The measure passed on a recorded vote (55 yes, 9 no).

Lawmakers also approved Senate Bill 225 to limit so‑called inter‑policy stacking for uninsured and underinsured motorist claims. Representative Farren told the chamber the bill codifies the legislature’s intent from earlier statutes and a Utah Supreme Court interpretation and applies certain subsections retroactively to Jan. 1, 1995, for claims without a final judgment; the bill…

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