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Utah Senate advances wide slate of bills, including corporate tax change and shifts to family assistance and condominium rules

Utah State Senate · February 27, 2009
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Summary

The Utah State Senate on Day 32 passed a large number of bills on consent and third reading, including a contentious move to a mandatory single-sales-factor corporate apportionment, changes to Family Employment Program rule authority, and new rules for condominium rental restrictions; several measures prompted substantial debate and recorded roll-call votes.

SALT LAKE CITY — The Utah State Senate completed a packed Day 32 agenda on Feb. 27, 2009, approving a long list of consent-calendar measures and advancing several contested bills after extended debate.

On tax policy, the Senate approved Senate Bill 59, a measure phasing in a mandatory single-sales-factor apportionment for corporate income tax. Sponsor Senator Stevenson said the change is intended to make Utah more competitive for jobs and investment and to phase out heavier weight on payroll and property taxation. The proposal drew pointed questions about distributional effects. "There are some winners and some losers in this policy decision we're making here today," Senator Valentine said during floor debate, arguing the mandatory shift could produce unexpected tax increases for some large, multi-state companies. Senator Stevenson replied that the state faces a competitive risk if it delays while other states adopt similar measures. The bill passed on a roll-call vote and will be sent to the House for further action.

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