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Senate passes substitute bill to cut state income tax by $50 million over two years

Utah State Senate · February 26, 1996
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Summary

The Senate adopted a substituted version of SB 237, trimming income-tax brackets to produce an estimated $50 million reduction over two years; supporters said the cuts take effect immediately on withholdings and will continue next year, while some members said the reduction could have been larger.

The Utah Senate voted Feb. 26 to pass a substituted version of Senate Bill 237 that reduces state income-tax rates to deliver a $50 million reduction across two years.

Senator Lyle Hilliard, sponsor of the measure, said his original proposal targeted a $75 million cut but that the substitute scales it to $50 million with staged rate reductions. "My original bill, I was targeting a…

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