Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House passes broad slate of bills; trust-tax, consumer-credit and waste approvals among measures sent to Senate or signed
Summary
On Feb. 15, 2006, the Utah House approved a series of bills including SB 38 (trust taxation), SB 123 (consumer credit code changes) and SB 70 (waste disposal approval reforms). Several measures passed after brief debate or technical amendments; some contested items were ‘circled’ for later work.
SALT LAKE CITY — The Utah House of Representatives moved swiftly Feb. 15, passing a package of senate and house measures ranging from tax treatment of trusts to changes in consumer credit law and the process for approving waste-disposal facilities.
SB 38, which clarifies state tax treatment for certain out-of-state grantor trusts brought to Utah, passed on a voice and recorded vote of 73 yes and 0 no after sponsor Representative Harper explained the bill would allow favorable treatment of undistributed net income for grantor trusts and help…
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
