Bill > HB0161

This bill modifies the property tax exemption for primary residential property by increasing the reduction in the property's assessed value from 45% to 60%. This change, which defines "household" as individuals living in the same dwelling and sharing expenses, will take effect on January 1, 2027, but only if a related constitutional amendment proposed in H.J.R. 7 is approved by voters. The exemption is generally limited to one primary residence per household, though exceptions exist for properties rented to tenants or for specific types of residential properties as defined elsewhere in the law.

Budget and Finance

https://le.utah.gov/~2026/bills/static/HB0161.html