Utah legislation · 2026 General Session
Utah SB16: Tax Credit Review Process Amendments
Status: Signed into law, March 23, 2026
This bill modifies the tax credit review cycle for income tax credits.
What the bill says
From the enrolled text, March 2, 2026:
1 Tax Credit Review Process Amendments 2026 GENERAL SESSION STATE OF UTAH Chief Sponsor: Daniel McCay House Sponsor: Steve Eliason LONG TITLE General Description: This bill modifies the tax credit review cycle for income tax credits. Highlighted Provisions: This bill: - exempts the income tax credit for taxes paid to another state from periodic review by the Revenue and Taxation Interim Committee (the committee); - repeals an expired review requirement; - aligns the timing of the committee's review of the income tax credit allowed for purchases of motor fuel used in agriculture with the timing for reviewing other income tax credits; and - makes technical changes. Money Appropriated in this Bill: None Other Special Clauses: None Utah Code Sections Affected: AMENDS: 59-10-137 , as last amended by Laws of Utah 2025, Chapter 292 59-10-1403.3 , as last amended by Laws of Utah 2021, Chapter 367 59-13-202 , as last amended by Laws of Utah 2022, Chapter 456 63I-2-259 , as last amended by Laws of Utah 2025, Chapters 157, 182, 277, and 366 Be it enacted by the Legislature of the state of Utah: Section 1. Section 59-10-137 is amended to read: 59-10-137 . Review of credits allowed under this chapter. (1) As used in this section, "committee" means the Revenue and Taxation Interim Committee. (2) (a) The Except as …
Sponsors
- Daniel McCay (R, 18) · primary sponsor
- Steve Eliason (R, 43)
Latest actions
- : Governor Signed
- : Senate/ to Governor
- : Senate/ received enrolled bill from Printing
- : Senate/ enrolled bill to Printing
- : Enrolled Bill Returned to House or Senate
- : Draft of Enrolled Bill Prepared
- : Bill Received from Senate for Enrolling
- : Senate/ signed by President/ sent for enrolling
- : Senate/ received from House
- : House/ to Senate
Votes
- House/ passed 3rd reading (February 5, 2026): 69 yea, 1 nay, passed
- House Comm - Favorable Recommendation (January 29, 2026): 11 yea, 0 nay, passed
- Senate/ passed 2nd & 3rd readings/ suspension (January 20, 2026): 26 yea, 0 nay, passed
- Senate/ passed 2nd & 3rd readings/ suspension (January 20, 2026): 28 yea, 0 nay, passed
Subjects: Corporate Tax, Income Tax, Tax Credits, Revenue and Taxation, Individual Income Tax
Common questions
- What is SB16?
- SB16 is a bill in the Utah Legislature (2026 General Session): Tax Credit Review Process Amendments.
- What does SB16 do?
- This bill modifies the tax credit review cycle for income tax credits.
- What is the status of SB16?
- Signed into law as of March 23, 2026. Latest action: Governor Signed (March 23, 2026).
- Who sponsored SB16?
- Daniel McCay (R, 18), with 1 co-sponsor.
- Where is the official record for SB16?
- On the Utah Legislature website: https://le.utah.gov/~2026/bills/static/SB0016.html
Source: official Utah record. Tracked by Delilah, AI for legislation across all 50 states and Congress.