Income tax cut bill passes in Utah Senate; moves to House

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Income tax cut bill passes in Utah Senate; moves to House
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The Utah Senate passed a bill that will lower the state's income tax rate by a percentage point.

SALT LAKE CITY — The Utah Senate passed a bill Friday that will lower the state's income tax rate by a percentage point.

By a 22 to 5 vote, Senate Bill 59, which will lower the rate to 4.85%, was passed and will now move to the House where the rate may go even lower. "Income tax is burdensome on Utah families and a targeted approach to giving income tax relief will benefit all Utahns,” said Sen. Dan McCay, who sponsored the bill.

If the rate remains at 4.85%, an average family of four in Utah making $72,000 would get about $98 back each year.

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