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Committee extends Rural Jobs Act program, sponsor says past rounds returned $2.27 for each dollar in credits
Senate Revenue and Taxation Committee · February 26, 2026
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Summary
Senators favorably recommended House Bill 466 to extend and modify the Utah Rural Jobs Act, which targets investment in rural businesses. Sponsor testimony said prior rounds funded dozens of businesses and produced roughly $2.27 in state and local tax revenue for each dollar of tax credits.
The Senate Revenue and Taxation Committee on Feb. 26 voted to favorably recommend House Bill 466, a modification and extension of the Utah Rural Jobs Act aimed at encouraging investment in rural businesses and high‑paying jobs outside the Wasatch Front. Representative Abbott introduced…
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