January 2022 Archive
Robust Revenues Continue into the 2022 General Session
On Tuesday, January 18th, the 2022 General Session kicks off at the Utah State Capitol. For the following 45 days, lawmakers will consider new legislation and authorize the state’s budget for the remainder of FY 2022 along with the whole of FY 2023. To balance the state’s budget, legislators need key pieces of information including […]
January 15, 2022
Tax Commission Annual Report Details Historic Year for Revenues
On December 30th, the Utah State Tax Commission released their Annual Report for Fiscal Year 2021. From July 2020 to June 2021, the state of Utah collected $13.97 billion in tax revenues, which represents a 30.5 percent increase over FY 2020. Most of the growth is attributed to the income tax filing deadline delay, adjusting […]
January 5, 2022