1. (1) As used in this section:

   1. (a) "Pass-through entity" means the same as that term is defined in Section 59-10-1402.
   2. (b) "Pass-through entity taxpayer" means the same as that term is defined in Section 59-10-1402.

2. (2) A pass-through entity taxpayer may claim a refundable tax credit against the tax otherwise due under this chapter if that pass-through entity taxpayer is a:

   1. (a) claimant;
   2. (b) estate; or
   3. (c) trust.
3. (3) The tax credit described in Subsection (2) is equal to the amount paid or withheld by the pass-through entity on behalf of the pass-through entity taxpayer described in Subsection (2) in accordance with Section 59-10-1403.2, other than a tax described in Subsection 59-10-1403.2(2).
4. (4) A pass-through entity taxpayer may not claim a tax credit under this section for an amount for which the pass-through entity taxpayer claims a tax credit under Section 59-7-614.4.

Amended by Chapter 238, 2022 General Session