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Senate concurs with amended tax bill shifting renewable credit date and adjusting filing thresholds
Summary
The Senate concurred with House amendments to second substitute SB 223, returning the renewable energy credit start date to Jan. 1, 2007, and adjusting personal-filing thresholds to lower the income floors while modifying the phase-out to fit a $219.34 million fiscal target.
The Utah Senate on Feb. 28 concurred in House amendments to second substitute Senate Bill 223, a package of tax amendments that include changes to renewable energy incentives and personal-income thresholds. Senator Niederhauser, presenting the bill, said the House amendments move the renewable energy credit to take effect Jan. 1, 2007, avoiding a one-year gap in…
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