SB 279 — State Homeless Campus Neighbor Tax Credit

03-04 19:03 S.B.

279 AmendedState ExcerptsHomeless SenateCampus AmendmentsNeighbor MarchTax 04,Credit 2026GENERAL 07:03SESSION PMSTATE 1.OF UTAH Chief Sponsor:

LineLuz 21Escamilla throughHouse 30:Sponsor:

SectionSandra 59-7-628.Hollins 3 LONG TITLE General Description:

isThis enactedbill enacts an income tax credit for owners of property adjacent to read:a homeless campus.

59-7-628Highlighted NonrefundableProvisions: tax credit for property adjacent to a homeless campus.

This bill:

▸ defines terms;

and ▸ enacts a nonrefundable tax credit for an owner of property adjacent to a homeless services campus in an amount corresponding to 50% of the property's taxes.

Money Appropriated in this Bill:

None Other Special Clauses:

This bill provides a special effective date.

Utah Code Sections Affected:

ENACTS:

59-7-628, Utah Code Annotated 1953 59-10-1049, Utah Code Annotated 1953 20 Be it enacted by the Legislature of the state of Utah:

Section 1.

Section 59-7-628 is enacted to read:

59-7-628 .

Nonrefundable tax credit for property adjacent to a homeless campus.

(a)S (i)(a)(i) "Homeless services campus" means a state homeless services campus facility Ŝ→ ::B 24a (A) ←Ŝ .

24a25 (A) ←Ŝ where individuals who are experiencing homelessness have access to 7 25a emergency 9 shelter, behavioral and mental health treatment, and support services at one location Ŝ→ ;

and 27bS.B. (C) that is constructed after January 1, 2026 ←Ŝ .

279 03-04 19:03 27b (C) that is constructed after January 1, 2026 ←Ŝ .

2.(C) a correctional facility as that term is defined in Section 77-16b-102;

Line(D) 33a throughmedical, 39:nursing, or psychiatric facility;

3.(d) "Tax notice" means the notice provided to a taxpayer under Section 59-2-1317.

Line(2) 47A throughqualifying 56:taxpayer may claim, in the taxable year in which the qualifying taxpayer receives a tax notice, a nonrefundable tax credit equal to 50% of the amount of taxes stated on the tax notice.

59-10-1049(3) NonrefundableA qualifying taxpayer may carry forward, to the next three taxable years, the amount of any tax credit forthat propertyexceeds adjacentthe toqualifying ataxpayer's homelesstax campus.liability for the taxable year.

Section 2.

Section 59-10-1049 is enacted to read:

59-10-1049 .

Nonrefundable tax credit for property adjacent to a homeless campus.

(a)(a)(i) (i) "Homeless services campus" means a state homeless services campus facility Ŝ→ :

50a (A) ←Ŝ where individuals who are experiencing homelessness have access to - 1 - Senate Committee Amendments 51a emergency shelter, behavioral and mental health treatment, and support services at one location Ŝ→ ;

4.- 2 - 03-04 19:03 S.B.

Line279 62(C) througha 68:correctional facility as that term is defined in Section 77-16b-102;

(D) a medical, nursing, or psychiatric facility;

(E) a microshelter community;

or (F) a noncongregate or overflow shelter.

(b) "Qualifying claimant" means a claimant, estate, or trust who: