Rep. Norm Thurston — Voting Record

Bill

Number

S.B. 71 (2025GS)

Sponsor

Sen. Harper, Wayne A.

Final action

Governor Signed 3/26/2025

Outcome

Became law — signed by Gov. Spencer J. Cox

Summary

What it does

• This bill:
• expands eligibility for the social security benefits tax credit by increasing the thresholds for the income-based phaseout; and
• makes technical changes.

Every vote on this bill

Bill text

4
59-10-1042
0
Social Security Tax Revisions
2025 GENERAL SESSION
STATE OF UTAH
Chief Sponsor: Wayne A. Harper
House Sponsor: Walt Brooks
Cosponsor:
Heidi Balderree
LONG TITLE
General Description:
This bill modifies the individual income tax credit for social security benefits.
Highlighted Provisions:
This bill:
expands eligibility for the social security benefits tax credit by increasing the thresholds 
for the income-based phaseout; and
makes technical changes.
Money Appropriated in this Bill:
None
Other Special Clauses:
This bill provides retrospective operation.
Utah Code Sections Affected:
AMENDS:
59-10-1042
, as last amended by Laws of Utah 2023, Chapter 459
Be it enacted by the Legislature of the state of Utah:
Section 1, Section 
59-10-1042
 is amended to read:
59-10-1042
. Nonrefundable tax credit for social security benefits.
(1)
As used in this section:
(a)
"Head of household filing status" means the same as that term is defined in Section 
59-10-1018
.
(b)
"Joint filing status" means the same as that term is defined in Section 
59-10-1018
.
(c)
"Married filing separately status" means a married individual who:
(i)
does not file a single federal individual income tax return jointly with that married 
individual's spouse for the taxable year; and
(ii)
files a single federal individual income tax return for the taxable year.
(d)
"Modified adjusted gross income" means the sum of the following for a claimant or, 
if the claimant's return under this chapter is allowed a joint filing status, the claimant 
and the claimant's spouse:
(i)
adjusted gross income for the taxable year for which a tax credit is claimed under 
this section;
(ii)
any interest income that is not included in adjusted gross income for the taxable 
year described in Subsection 
(1)(d)(i)
; and
(iii)
any addition to adjusted gross income required by Section 
59-10-114
 for the 
taxable year described in Subsection 
(1)(d)(i)
.
(e)
"Single filing status" means a single individual who files a single federal individual 
income tax return for the taxable year.
(f)
"Social security benefit" means an amount received by a claimant as a monthly 
benefit in accordance with the Social Security Act, 42 U.S.C. Sec. 401 et seq.
(2)
Except as provided in Section 
59-10-1002.2
 and Subsections 
(3)
 and 
(4)
, each claimant 
on a return that receives a social security benefit may claim a nonrefundable tax credit 
against taxes otherwise due under this part equal to the product of:
(a)
the percentage listed in Subsection 
59-10-104(2)
; and
(b)
the claimant's social security benefit that is included in 
adjusted gross income on the 
claimant's federal income tax return
the claimant's state taxable income
 for the 
taxable year.
(3)
A claimant may not:
(a)
carry forward or carry back the amount of a tax credit under this section that exceeds 
the claimant's tax liability for the taxable year; or
(b)
claim a tax credit under this section for a taxable year if a tax credit under Section 
59-10-1019
 is claimed on the claimant's return for the same taxable year.
(4)
The tax credit allowed by Subsection 
(2)
 claimed on a return filed under this part shall 
be reduced by $.025 for each dollar by which modified adjusted gross income for 
purposes of the return exceeds:
(a)
for a federal individual income tax return that is allowed a married filing separately 
status, 
$37,500
$45,000
;
(b)
for a federal individual income tax return that is allowed a single filing status, 
$45,000
$54,000
;
(c)
for a federal individual income tax return that is allowed a head of household filing 
status, 
$75,000
$90,000
; or
(d)
for a return under this chapter that is allowed a joint filing status, 
$75,000
$90,000
.
(5)
In accordance with 
Title 63G, Chapter 3, Utah Administrative Rulemaking Act
, the 
commission may make rules governing the calculation and method for claiming the tax 
credit described in this section.
Section 2. 
Effective date.
This bill takes effect on 
May 7, 2025
.
Section 3. 
Retrospective operation.
This bill has retrospective operation for a taxable year beginning on or after 
January 1, 
2025
.
3-6-25 2:24 PM