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Senate reconsiders and adopts substitute to House Bill 53 addressing appraisal rules, telecom valuation language

Utah State Senate · February 1, 2024
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Summary

After reconsideration and a substitution, the Utah Senate passed First Substitute House Bill 53, which revises multi‑county appraisal trust provisions and adds language to address telecommunications valuations; the final substitute passed 28–0 with one member absent.

The Utah Senate on the floor reconsidered and substituted House Bill 53, then approved the first substitute version that revises multi‑county appraisal trust provisions and adds a provision to address telecommunications valuations.

Senator MacKay, the floor sponsor, explained the substitute as adding an allowance to handle discrepancies in valuing telecommunications providers and their property evaluations. "If anybody that's really interested in tax policy wants to scroll down the line ...…

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