An eleventh-hour bill in the Utah Legislature is pitting tax fairness for homeowners against the state’s strong reputation for being friendly to business.
McCay said lawmakers studying the issue over the summer took heavy flak from those complaining about the imprecision of property assessments as well as perceived inequities in the spread of the state’s tax burdens.An attorney and a former real estate portfolio manager for The Church of Jesus Christ of Latter-day Saints’ Suburban Land Reserve, McCay said SB228 was part of a wider attempt to reform and bring fairness to the tax system by giving assessors better data.
“This has been a huge problem,” Harvey said, “simply because there’s more data available for residents than there is for other types of property.” Still, even the measure’s sponsor said he had mixed feelings about the proposed changes, which were still coming into focus as the Legislature’s shot clock ran down. “I’ve never spoken against my own bill,” McCay said Friday of one draft of SB228, “but I might speak against it in its current form.”
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