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Senate amends coal export tax credit bill to require periodic review instead of automatic sunset
Summary
Senate Bill 8, concerning the steam coal export tax credit, was amended to convert a scheduled sunset into a statutory review process; the chamber debated fiscal impacts and legislative-review options before advancing the bill to third reading.
Senate Bill 8, a measure concerning Utah’s steam coal export tax credit originally enacted in 1990, was debated on Jan. 17 and amended to change an automatic sunset into a statutory review process.
Sponsor Senator Dimitrych (floor transcript) described the credit as a tool enacted to keep Utah coal competitive with exported coal from other markets, noting it had been used to preserve export tonnage in past years. He proposed and…
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