H.B. 466
FailedUtah Rural Jobs Act Modifications
HB0466S01 (Substitute)
Utah Rural Jobs Act Modifications
Introduction
Feb 3
House Rules
House Committee
Feb 12
House Floor Vote
Feb 20
Senate Rules
Mar 4
Senate Committee
Feb 26
Senate 2nd Reading
Feb 27
Senate 3rd Reading
Governor
What This Bill Does
This bill amends the Utah Rural Jobs Act tax credit requirements.
Key Provisions
This bill:
- authorizes additional nonrefundable income and insurance tax credits related to investments in eligible small businesses located in rural counties;
- repeals a title provision; and
- makes technical and conforming changes.
Plain-Language Summary
AI-generated summary. We recommend consulting the bill text for important decisions.
Utah's Rural Jobs Act encourages private investment in small businesses located in rural areas of the state by offering tax credits to investors. This bill opens a new third round of that program — accepting applications starting November 2026 — and expands the types of tax credits available by creating a new nonrefundable insurance premiums tax credit, allowing insurance companies and their affiliates that invest in eligible rural small businesses to apply their tax credit certificates against insurance taxes beginning in 2027.
H.B. 466
FailedUtah Rural Jobs Act Modifications
Current version: HB0466S01 (Substitute)
Introduction
Feb 3
House Rules
House Committee
Feb 12
House Floor Vote
Feb 20
Senate Rules
Mar 4
Senate Committee
Feb 26
Senate 2nd Reading
Feb 27
Senate 3rd Reading
Governor
IntroductionFeb 3
House Rules
House CommitteeFeb 12
House Floor VoteFeb 20
Senate RulesMar 4
Senate CommitteeFeb 26
Senate 2nd ReadingFeb 27
Senate 3rd Reading
Governor
What This Bill Does
This bill amends the Utah Rural Jobs Act tax credit requirements.
Key Provisions
This bill:
- authorizes additional nonrefundable income and insurance tax credits related to investments in eligible small businesses located in rural counties;
- repeals a title provision; and
- makes technical and conforming changes.
Plain-Language Summary
AI-generated summary. We recommend consulting the bill text for important decisions.
Utah's Rural Jobs Act encourages private investment in small businesses located in rural areas of the state by offering tax credits to investors. This bill opens a new third round of that program — accepting applications starting November 2026 — and expands the types of tax credits available by creating a new nonrefundable insurance premiums tax credit, allowing insurance companies and their affiliates that invest in eligible rural small businesses to apply their tax credit certificates against insurance taxes beginning in 2027.
Votes
Motion: Favorable Recommendation
Motion: Favorable Recommendation
Documents
Floor Debates
Committee Hearings
Other Versions
Original
Subjects
Action History32
House/ filed
House file for bills not passed
House/ received from Senate
Clerk of the House
Senate/ to House
Clerk of the House
Senate/ strike enacting clause
Senate Secretary
Senate/ 2nd Reading Calendar to Rules
Senate Rules Committee
Last updated Mar 26, 2026, 9:41 PM