Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Utah House rejects bill to shift appraisal assessment to state MCAT model

Utah House of Representatives · February 27, 2024
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

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…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans