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Senate approves measured income-tax rate cut, 22–5, sending second substitute of SB59 to House
Summary
The Utah Senate on Friday approved a second substitute for Senate Bill 59 to reduce the state individual income-tax rate to 4.85 percent and make related business-input clarifications; the measure passed 22–5 amid debate over impacts on services and a $160 million fiscal note.
SALT LAKE CITY — The Utah Senate voted Friday to approve a second substitute for Senate Bill 59, a package that lowers the state individual income-tax rate to 4.85 percent and includes technical changes affecting business input taxation. The measure passed on a roll call, 22 yeas to 5 nays, with two senators absent, and will now go to the House for consideration.
Sponsor Senator McKay, speaking on the floor, framed the bill as a cautious, incremental tax cut intended to return revenue to taxpayers while protecting core services. “We started at 4.9, and we…
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