The Governor of Utah signed S.B. 14, a bill that was passed unanimously by the state Senate and House of Representatives, and which will impose the state’s sales tax on charges for sales of previously leased personal property. The language of the bill adds “sales of leased tangible personal property from the lessor to the lessee made in the state” to the definition of tangible personal property that is subject to sales tax. Rentals and leases of tangible personal property continue to be subject to tax on the rental/lease stream. Utah’s update will go into effect July 1, 2023. (Utah S.B. 14, 2023)