How Utah Aims to Help Businesses Flourish After Pandemic
Where many states have created legal complications for companies wanting to serve their customers, Utah is providing them the option to hit the 'pause' button on any law or regulation that stands in their way.
Reforming the Annual Tax on Business Supplies
Meaningful reform to the tangible personal property tax was achieved via HB 231.
HB 84: Using Taxpayer Money to Fund Rural Development
This bill expands existing grant programs for rural economic development.
SB 42: Partial Elimination of the Annual Tax on Business Supplies
Instead of counting up tables and chairs, businesses should be allowed to focus on delivering the best product or service for their customers. Utah needs to remove these hurdles for small businesses and help them thrive.
Don’t forget tax reform for small businesses
A pioneer-era tax that's still on the books requires business owners to count up their property each year and pay a tax on it. It's time to repeal it.
Why are local governments competing with private business?
If true demand for any of these recreation or entertainment activities actually exists, then private providers most often will respond if given the opportunity.
HB 386: Forcing Taxpayers to Fund Business Loans
This bill carves out 1.3% of sales tax revenue to fund loans for businesses who wish to apply.
HB 374: Attracting Exporting Companies to Utah
This bill allows the use of an elective single sales factor for corporate income taxes in order to create a more business friendly climate in Utah.
SB 167: Food Truck Freedom, Take Two
This bill adds further restrictions on cities looking to regulate food trucks, following numerous violations of last year's law.
SB 158: Enforcing the Exemption for Home-Based Businesses
This bill enacts stricter protections for home-based business owners to receive an exemption from paying a fee, since so many cities have refused to follow last year's law.