The Utah Senate has passed a bill that would repeal the Multistate Tax Compact from the state code, effective July 1, 2013, but temporarily reenact most sections other than the election, apportionment formula, and arbitration provisions. The reenacted sections and the compact’s interaudit provisions would be repealed from the state code on July 1, 2014. In addition, provisions concerning the State Tax Commission’s authority related to the Multistate Tax Commission would be amended, effective July 1, 2014, to provide that the State Tax Commission may participate in an audit, tax enforcement, or tax administration with the Multistate Tax Commission or a taxing official of another state, the District of Columbia, or the United States or its territories.
S.B. 247, as passed by the Utah Senate on March 11, 2013