Utah SB0206 amends tax laws, transferring responsibilities from the Multicounty Appraisal Trust to a fund manager, including statewide property tax.

Utah SB0206 amends various tax laws, transferring responsibilities from the Multicounty Appraisal Trust to a newly established fund manager. This includes managing the statewide property tax system, overseeing the valuation of personal property for telecommunications service providers, mediating disputes about commission orders between the State Tax Commission and a county, and participating in studies on the rate of a recovery fee for rentals of heavy equipment. The bill also establishes the fund manager and grants it rulemaking authority.

Utah SB0206 amends tax laws, transferring responsibilities from the Multicounty Appraisal Trust to a fund manager, including statewide property tax.

Utah SB0206 amends various tax laws, transferring responsibilities from the Multicounty Appraisal Trust to a newly established fund manager. This includes managing the statewide property tax system, overseeing the valuation of personal property for telecommunications service providers, mediating disputes about commission orders between the State Tax Commission and a county, and participating in studies on the rate of a recovery fee for rentals of heavy equipment. The bill also establishes the fund manager and grants it rulemaking authority.