At a time when people are making cuts to their own budget, the state government needs to strongly consider giving back excess revenue to the people it took it from.
In the end, we do more than just encourage legislators to pass a variety of good policies. Libertas Institute also serves as a watchdog for legislation that will negatively impact the rights and lives of Utahns
During this discussion, Senator Lincoln Fillmore sponsored Senate Concurrent Resolution 7, which contains a much-needed message of caution — don’t assume spikes in revenues continue indefinitely. In addition to calling on local governments to consider any above-trend tax revenue as one-time revenue when setting budgets, the resolution also urges the need to consider federal relief funds as temporary.
This bill would allow homeowners, over the age of 75, with an income of less than $65,000 a year, to apply to forgo the payment of property tax until the sale of their home or a transfer of ownership takes place.
If Utah does not provide property tax relief to this population, older Utahns across our state will continue to worry that their property tax bill will be larger than what they can afford, and they might be forced out of their homes and communities.
