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Utah House rejects bill to shift appraisal assessment to state MCAT model
Summary
On third reading the House defeated third-substitute HB 270, a proposal to change county assessment administration and rates tied to a Multi-County Appraisal Trust (MCAT); sponsor said the change is an assessment (0.000024, ~$24 per $1M property), opponents warned it would impose statewide collections on counties that do not participate.
SALT LAKE CITY — The Utah House of Representatives voted down third substitute HB 270 on third reading after a floor debate that split members over whether the measure would effectively raise property-related assessments statewide.
Sponsor Representative Jennifer Dailey-Provost told colleagues she intended the bill to create efficiencies among counties through a Multi-County Appraisal Trust (MCAT) and to clarify an already-existing assessment mechanism. "I don't believe this is a tax. I believe this is an assessment," Dailey-Provost said, adding the substitute increases the statutory assessment rate to 0.000024 — "which translates on a million dollar property to $24." She also said the third-substitute rate is lower than an earlier version, and that parts of an…
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