Utah SB0078 amends property tax relief provisions, including eligibility, deferrals, and credits, effective January 1, 2027.

Utah SB0078 amends property tax relief provisions, effective January 1, 2027. It expands household income eligibility and increases credit amounts for property tax relief in the form of a renter's credit. It prohibits taxpayers from receiving property tax relief in the form of a homeowner's credit unless the taxpayer received the credit within the previous two years. It removes requirements for annual inflation adjustments for a homeowner's credit. It also changes the definition of "residence" to include mobile homes, manufactured homes, or houseboats.

Utah SB0078 amends property tax relief provisions, including eligibility, deferrals, and credits, effective January 1, 2027.

Utah SB0078 amends property tax relief provisions, effective January 1, 2027. It expands household income eligibility and increases credit amounts for property tax relief in the form of a renter's credit. It prohibits taxpayers from receiving property tax relief in the form of a homeowner's credit unless the taxpayer received the credit within the previous two years. It removes requirements for annual inflation adjustments for a homeowner's credit. It also changes the definition of "residence" to include mobile homes, manufactured homes, or houseboats.