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Senate approves bill to send 25% of severance tax to origin counties
Summary
First substitute SB 63 passed the Utah Senate after debate over whether returning a share of severance taxes to counties would cover local impacts from mineral extraction. Sponsors said it would reinvest funds in roads, emergency services and local infrastructure; opponents said counties already benefit from assessed value.
The Utah Senate on Feb. 24 approved first substitute Senate Bill 63, a severance-tax amendment that returns a portion of mineral extraction revenues to the county where the extraction occurs.
Sponsor Senator Evans said the change is designed to reinvest state revenues to offset local infrastructure and service burdens in areas such as…
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