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House committee advances bill to protect EITC refunds from bankruptcy trustees
Summary
The House Revenue & Taxation Committee gave SB 112 a favorable recommendation to preserve Earned Income Tax Credit refunds from garnishment by bankruptcy trustees, a change sponsors say will protect low-income families without costing the state.
The House Revenue & Taxation Standing Committee voted Feb. 19 to send SB 112 (second substitute) to the House with a favorable recommendation after sponsor and public testimony.
Sen. Weiler told the committee the bill makes a limited change to the Utah Exemptions Act to ensure "earned income tax credit refunds ... would be preserved and that the trustee in bankruptcy would not…
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