Homeowner Valuation Reduction





Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type



In addition to the Homeowner's Credit (Circuit Breaker), eligible homeowners, receive a valuation reduction equal 20% of the market value.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type


Characteristics of Eligible Property

Only residential property is eligible for this program.

Eligibility Criteria



Income Ceiling

Principal Residence

Surviving Spouse

Other Criteria

Description of Eligibility Criteria

Homeowners and mobile homeowners who are 66 years of age or older as of December 31 whose household income is less than $32,101 for 2016 are eligible to apply. Surviving spouses of any age are also eligible is they meet all of the other program requirements and were a part of the same household as the original claimant at the time of their death. The surviving spouse must not remarry. For the credit, the applicant must be born on or before December 31, 1942 and is 65 years or older. Going forward, the age requirement will increase to 66 for those born between 1943 and 1959 and 67 for those born on or after January 1, 1960. The household income eligibility for both homeowners will be determined by a percentage equal to the difference between the consumer price index for the preceding calendar year and the consumer price index for calendar year 2006. The benefit cannot be claimed if the claimant is a personal exemption on another person's income tax return. The application for the credit must be filed by September 1st with the county.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

No local option regarding program features

State Funding for Local Tax Loss

Local government covers all of its tax loss

Description of State Funding for Tax Loss

Unlike the homeowner credit, the state does not reimburse the counties for the additional homeowner credit.

Record ID



Retroactively effective 1 January 2017, the requirements to be considered a surviving spouse were expanded. Enacted by L. 2017 c. 391.


Utah Code § 59-2-1202(7)(c)(i) ~ 59-2-1209 (in effect for 2017)
Source Constitution: 
Utah Const. art. XIII, § 3
Property Tax Relief Table (2017) Utah State Tax Commission, Property Tax Division
[http://propertytax.utah.gov/media/tax-relief.pdf Accessed on 10/19/2017] View Archived Source
L. 2017, c. 391

Join Our Mailing List

Back to top