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Utah Senate passes forced substitute of HB54 to cut taxes, expand EITC and conditionally remove food tax

Utah State Senate · March 2, 2023
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

The Utah Senate adopted a conference-approved forced substitute of House Bill 54, advancing an income tax cut, a larger Social Security exemption, and an expansion of the earned-income tax credit up to 20%; food-tax repeal is made contingent on a future constitutional amendment.

Salt Lake City — The Utah Senate on the morning calendar passed a forced substitute for House Bill 54, a broad tax-and-fee package that contains an income-tax cut, an increased Social Security income exemption and an expansion of the state earned-income tax credit (EITC) to as much as 20 percent.

Senator McKay, sponsor of the conference report, said the substitute includes “the income tax cut,” a higher Social Security exemption and an expanded EITC, and noted the bill also makes food-tax removal contingent upon passage of a constitutional…

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