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Senate advances HB273 to allow residential property tax exemption to apply upon occupancy
Utah Senate · March 5, 2014
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Summary
HB273 would allow new residents who move into a home during the tax year to receive the residential property tax reduction for that year rather than waiting until Jan. 1; the Senate approved it for third reading by recorded vote.
Senator Urquhart presented HB273, explaining that Utah’s constitution allows the legislature to exempt a portion of residential property from taxation but the current system locks eligibility to Jan. 1. HB273 would…
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