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Wednesday, November 4, 2026

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Utah bill tracker

S.B. 315: Tax Credit Modifications

2026 General Session · Originating chamber: Senate

Saved official records and Ledger coverage. The outcome below is from the Legislature’s own step list.

What the bill does

Did not pass both chambers; the bill was filed on March 6, 2026.

This bill modifies income tax credits for donations to the Carson Smith Opportunity Scholarship Program.

  • Allows claimants for the nonrefundable corporate and individual income tax credits for donations to the Carson Smith Opportunity Scholarship Program to: claim any portion of the tax credit amount listed on the tax credit certificate for a taxable year; and carry forward or carry back the amount of the tax credit that is unclaimed
  • Makes technical changes

The description and list come from the bill's own long title as recorded by the Legislature. Read the official bill. The Ledger takes no position on it.

Subjects: Income Tax · Revenue and Taxation · Individual Income Tax · Tax Credits

How it moved

  1. · Senate1st reading (Introduced)Rules Committee
  2. · Senateto standing committeeRevenue and Taxation Committee
  3. · SenateSenate Comm - Recommends Returned to RulesRevenue and Taxation Committee
  4. · Senatefiledfile for bills not passed

Steps as the Legislature recorded them; clerical and fiscal-staff entries are left out. Numbers such as 54-14-7 are yeas, nays and absent.

Fiscal note

From the Legislative Fiscal Analyst's note on S.B. 315, dated February 26, 2026. A fiscal note estimates direct costs and revenue; it is not an appropriation.

  • State revenue: Enactment of this legislation could shift the timing of credits claimed against income tax liability, which is estimated to reduce Income Tax Fund revenue by approximately $1.6 million in FY 2026.
  • State expenditures: Enactment of this legislation could cost the Tax Commission $7,800 one-time from the Income Tax Fund in FY 2026 and $56,000 one-time from the Income Tax Fund in FY 2027 for enhancements to the State’s tax systems, forms, instructions, training and processes.
  • Local government: Enactment of this legislation likely will not result in direct, measurable costs for local governments.
  • Individuals and businesses: To the extent that businesses and individuals claim all or a portion of the Carson Smith Opportunity Scholarship Program tax credit in a year other than the year in which the related donation was made through either a carryback or a carryforward, enactment of this legislation could shift the timing of the business's or individual's credit's tax liability offset, though the total amount of credit would be unchanged.

Bill overview

Sponsor: Brady Brammer

Legislature passed-list status: Not available in the saved metadata.

Passed-list membership is not a finding that a bill was signed or took effect. A bill absent from that list is not necessarily pending or defeated.

Latest recorded action

filed
Action date:

The full step list is above. Find the bill in the official session list for status, hearings and committee records.

Recorded floor votes

No floor-vote records for this bill and session are available here. This does not mean no vote occurred; consult the official bill record.

Ledger coverage

No Ledger stories with an explicit source link to this bill and session are listed here.