1. (1) A tax is imposed on the state taxable income of a resident individual as provided in this section.

2. (2) For purposes of Subsection (1), for a taxable year, the tax is an amount equal to the product of:

   1. (a) the resident individual's state taxable income for that taxable year; and
   2. (b) 4.45%.
3. (3) This section does not apply to a resident individual exempt from taxation under Section 59-10-104.1.

Amended by Chapter 250, 2026 General Session