UT HB0141

Imposes a 2% tax on international money transmissions to foreign countries, effective January 1, 2027, with revenue deposited into the General Fund

Exempts transactions from the tax when customers present valid identification such as a U.S. passport, state driver license, military ID, resident alien card, or tribal identification

Excludes Utah driving privilege cards from the list of valid identification that qualifies for the tax exemption

Requires licensed money transmitters to collect the tax from customers, display it separately on receipts, remit payments quarterly to the State Tax Commission, and file annual reports on total transactions and exemptions

Mandates the Department of Financial Institutions commissioner to provide the State Tax Commission with an annual list of licensed money transmitters by January 31 each year