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Senate concurs with House amendment to income‑tax measure, adjusts brackets and top rate
2006 Utah Legislature (Senate, Special Session) · September 19, 2006
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Summary
The Utah Senate on Sept. 19 approved concurrence with a House amendment to the income‑tax bill that slightly lowered the top marginal rate and adjusted bracket thresholds; fiscal-year 2008 cost estimates rose modestly to about $78 million.
The Utah Senate on Sept. 19 concurred with House amendments to the income‑tax measure that adjust the bracket thresholds and reduce the top marginal rate to 6.98 percent.
Senator Bramble summarized the House changes: the bracket thresholds for married filing jointly were adjusted to $2,000, $4,000, $6,000, $8,000 and…
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