Utah Code § 59-1-213: Annual report on Internal Revenue Code changes.

(1) The commission shall annually provide an electronic report to the Revenue and Taxation Interim Committee on or before October 1 concerning the impacts of the reliance of this title on the Internal Revenue Code, including:

(a) any modification to the Internal Revenue Code that is likely to have a fiscal impact on state revenues:

(i) that became effective:

(A) if the commission is preparing its initial report in accordance with this section, during the previous calendar year; or

(B) if the commission has prepared a previous report in accordance with this section, after the most recent report prepared in accordance with this section; or

(ii) that have been enacted and will become effective prior to the end of the calendar year that begins January 1 following the current report prepared in accordance with this section;

(b) the fiscal impacts a modification described in Subsection (1)(a) may have on state revenues; and

(c) statutory or administrative options to:

(i) implement the effects on this title of a modification described in Subsection (1)(a); or

(ii) change this title to prevent this title from implementing a modification described in Subsection (1)(a).

(2) In a year in which the commission, the Office of the Legislative Fiscal Analyst, and the Governor's Office of Planning and Budget predict a material increase in state income tax revenue for the next fiscal year by consensus in accordance with Section 59-1-214, the commission shall submit the report described in Subsection 59-1-214(4)(a) as part of the report required under this section for the same year.