Rep. Norm Thurston — Voting Record

Bill

Number

S.B. 153 (2021GS)

Sponsor

Sen. Fillmore, L.

Final action

Governor Signed 3/11/2021

Outcome

Became law — signed by Gov. Spencer J. Cox

Summary

What it does

• This bill:
• increases the value of the Utah personal exemption for purposes of the taxpayer tax credit; and
• makes technical and conforming changes.

Every vote on this bill

Bill text

UTAH PERSONAL EXEMPTION AMENDMENTS
GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Lincoln Fillmore
House Sponsor: 
Jefferson Moss
LONG TITLE
General Description:
This bill modifies provisions relating to the taxpayer tax credit.
Highlighted Provisions:
This bill:
▸ increases the value of the Utah personal exemption for purposes of the taxpayer tax
credit; and
▸ makes technical and conforming changes.
Money Appropriated in this Bill:
None
Other Special Clauses:
This bill provides retrospective operation.
Utah Code Sections Affected:
AMENDS:
59-10-1018
, as last amended by Laws of Utah 2018, Second Special Session, Chapter 3
Be it enacted by the Legislature of the state of Utah:
Section 1. Section 
59-10-1018
 is amended to read:
59-10-1018.
Definitions -- Nonrefundable taxpayer tax credits.
(1) As used in this section:
(a) "Head of household filing status" means a head of household, as defined in Section
2(b), Internal Revenue Code, who files a single federal individual income tax return for the
taxable year.
(b) "Joint filing status" means:
(i) spouses who file a single return jointly under this chapter for a taxable year; or
(ii) a surviving spouse, as defined in Section 2(a), Internal Revenue Code, who files a
single federal individual income tax return for the taxable year.
(c) "Qualifying dependent" means an individual with respect to whom the claimant is
allowed to claim a tax credit under Section 24, Internal Revenue Code, on the claimant's
federal individual income tax return for the taxable year.
(d) "Single filing status" means:
(i) a single individual who files a single federal individual income tax return for the
taxable year; or
(ii) a married individual who:
(A) does not file a single federal individual income tax return jointly with that married
individual's spouse for the taxable year; and
(B) files a single federal individual income tax return for the taxable year.
(e) "State or local income tax" means the lesser of:
(i) the amount of state or local income tax that the claimant:
(A) pays for the taxable year; and
(B) reports on the claimant's federal individual income tax return for the taxable year,
regardless of whether the claimant is allowed an itemized deduction on the claimant's federal
individual income tax return for the taxable year for the full amount of state or local income tax
paid; and
(ii) $10,000.
(f) (i) "Utah itemized deduction" means the amount the claimant deducts as allowed as
an itemized deduction on the claimant's federal individual income tax return for that taxable
year minus any amount of state or local income tax for the taxable year.
(ii) "Utah itemized deduction" does not include any amount of qualified business
income that the claimant subtracts as allowed by Section 199A, Internal Revenue Code, on the
claimant's federal income tax return for that taxable year.
(g) "Utah personal exemption" means, subject to Subsection (6), [
$565
] 
$1,750
multiplied by the number of the claimant's qualifying dependents.
(2) Except as provided in Section 
59-10-1002.2
, and subject to Subsections (3) through
(5), a claimant may claim a nonrefundable tax credit against taxes otherwise due under this part
equal to the sum of:
(a) (i) for a claimant that deducts the standard deduction on the claimant's federal
individual income tax return for the taxable year, 6% of the amount the claimant deducts as
allowed as the standard deduction on the claimant's federal individual income tax return for
that taxable year; or
(ii) for a claimant that itemizes deductions on the claimant's federal individual income
tax return for the taxable year, 6% of the amount of the claimant's Utah itemized deduction;
and
(b) 6% of the claimant's Utah personal exemption.
(3) A claimant may not carry forward or carry back a tax credit under this section.
(4) The tax credit allowed by Subsection (2) shall be reduced by $.013 for each dollar
by which a claimant's state taxable income exceeds:
(a) for a claimant who has a single filing status, [
$12,000
] 
$15,095
;
(b) for a claimant who has a head of household filing status, [
$18,000
] 
$22,643
; or
(c) for a claimant who has a joint filing status, [
$24,000
] 
$30,190
.
(5) (a) For a taxable year beginning on or after January 1, [
] 
, the commission
shall increase or decrease annually the following dollar amounts by a percentage equal to the
percentage difference between the consumer price index for the preceding calendar year and
the consumer price index for calendar year [
] 
:
(i) the dollar amount listed in Subsection (4)(a); and
(ii) the dollar amount listed in Subsection (4)(b).
(b) After the commission increases or decreases the dollar amounts listed in Subsection
(5)(a), the commission shall round those dollar amounts listed in Subsection (5)(a) to the
nearest whole dollar.
(c) After the commission rounds the dollar amounts as required by Subsection (5)(b),
the commission shall increase or decrease the dollar amount listed in Subsection (4)(c) so that
the dollar amount listed in Subsection (4)(c) is equal to the product of:
(i) the dollar amount listed in Subsection (4)(a); and
(ii) two.
(d) For purposes of Subsection (5)(a), the commission shall calculate the consumer
price index as provided in Sections 1(f)(4) and 1(f)(5), Internal Revenue Code.
(6) (a) For a taxable year beginning on or after January 1, [
] 
, the commission
shall increase annually the Utah personal exemption amount listed in Subsection (1)(g) by a
percentage equal to the percentage by which the consumer price index for the preceding
calendar year exceeds the consumer price index for calendar year [
] 
.
(b) After the commission increases the Utah personal exemption amount as described
in Subsection (6)(a), the commission shall round the Utah personal exemption amount to the
nearest whole dollar.
(c) For purposes of Subsection (6)(a), the commission shall calculate the consumer
price index as provided in Sections 1(f)(4) and 1(f)(5), Internal Revenue Code.
Section 2. 
Retrospective operation.
This bill has retrospective operation for a taxable year beginning on or after January 1,
2021.