Bills / S.B. 254
S.B. 254 Extracted Natural Resources Amendments
- Introduced
- Senate committee
- Senate vote
- House committee
- House vote
- Signed into law
What this bill does
The bill would create a state critical minerals strategy and council, speed up permitting, allow critical mineral zones, and set up a mine center at the University of Utah for processing and innovation. The latest version makes council funding ongoing, changes the severance tax on critical and other minerals, and removes the ability to transfer tax credits.
Plain-English summary written by AI from the sponsor’s presentation in committee and on the floor. Check the official text below.
Official description
- facilitates faster permitting by the Department of Environmental Quality and the Division of Oil, Gas, and Mining
- modifies the tax credit for mining exploration
- creates the State Reinvestment Restricted Account and diverts various streams of income related to severance taxes into the State Reinvestment Restricted Account
- addresses property tax differentials based on critical minerals zones
- defines terms
- establishes the state critical minerals objectives and policy, including providing for annual reviews
- creates the Critical Minerals Council (council), including establishing the council's operations, powers, and duties
- makes money appropriated to the council nonlapsing
- addresses areas of coordination by certain council members
- establishes a process to designate critical minerals zones, including providing for property tax differential revenue
- provides for the creation of a clearinghouse of data to be known as the "Critical Minerals Atlas"
- addresses the creation of the Minerals for Industrial, National, and Economic Security Center
- creates the Critical Minerals Development Account
- coordinates with H.B. 373, Higher Education Innovation, to address inclusion of critical minerals projects in the eligible research areas for research grants
- makes technical and conforming amendments
What it costs you
- State spending from tax funds goes up by $376,600 in FY2027.
- The official fiscal note on residents and businesses:
To the extent that critical minerals zones are created within counties or municipalities, enactment of this legislation could result in individuals and businesses within such zones facing higher tax rates as certified taxable value is adjusted for incremental value; individual impacts will vary and the aggregate impact is unknown. To the extent that a taxpayer would have certified tax credits for new exploration in excess of 30% of their liability in a given year, enactment of this legislation could result in severance taxes paid by businesses and individuals which they would otherwise have forgone beginning in FY 2027; the aggregate impact is unknown.
From the bill's latest official fiscal note, counting the state's tax funds (General, Income Tax, Education, Uniform School, and Transportation) in the first full budget year after the session. Some bills take effect partway through that year, so later years can be larger; the note shows each year. Household count: U.S. Census Bureau. An average is a starting point, not your bill.
Your legislators on this bill
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Quotes come from the official recordings' automatic captions, which can mishear words. Speakers and summaries are identified by AI and can be wrong. Use the ▶ links to check the recording.
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Every vote
- 4 yes, 1 no, 2 absentSenate Natural Resources, Agriculture, and Environment Committee: vote to approve it · Feb 9, 2026Who voted how
- 28 yes, 1 noFirst of two Senate votes · Feb 23, 2026Who voted how
- 21 yes, 2 no, 6 absentFinal Senate vote · Feb 24, 2026Who voted how
- 9 yes, 0 no, 5 absentHouse Natural Resources, Agriculture, and Environment Committee: vote to approve it · Mar 2, 2026Who voted how
- yes, undefined nofloor amendment · Mar 5, 2026
- 60 yes, 12 no, 3 absentFinal House vote · Mar 5, 2026Who voted how
- 70 yes, 2 no, 3 absentConference Committee - Final Passage · Mar 6, 2026Who voted how
- 20 yes, 1 no, 8 absentConference Committee - Final Passage · Mar 6, 2026Who voted how
Hearings and debates
- Feb 9, 2026 Senate Natural Resources, Agriculture, and Environment Committee▶ WatchRead the transcript (37 turns) →
- Feb 23, 2026 Senate floor debate▶ WatchRead the transcript (11 turns) →
- Feb 24, 2026 Senate floor debate▶ WatchRead the transcript (4 turns) →
- Mar 2, 2026 House Natural Resources, Agriculture, and Environment Committee▶ WatchRead the transcript (29 turns) →
- Mar 4, 2026 House floor debate▶ WatchRead the transcript (5 turns) →
- Mar 5, 2026 House floor debate▶ WatchRead the transcript (55 turns) →
- Mar 5, 2026 House floor debate▶ WatchRead the transcript (46 turns) →
- Mar 5, 2026 Senate floor debate▶ WatchRead the transcript (9 turns) →
- Mar 6, 2026 Senate floor debate▶ WatchRead the transcript (2 turns) →
- Mar 6, 2026 House floor debate▶ WatchRead the transcript (5 turns) →