tax reform

The overhaul to the Utah tax code approved by state lawmakers last week in a special session has been signed into law. Governor Gary Herbert announced that he signed the legislation. The bill slashes overall taxes by 160-million dollars, decreasing income taxes while also increasing sales taxes and adding new taxes on certain services...

The Lieutenant Governor's Office has rejected a second citizen referendum on the tax code overhaul recently passed by the Utah Legislature. In a letter, election officials say they rejected the referendum from The People's Right because two of the sponsors have not voted in the past three election cycles...

A group opposed to the tax reform bill recently passed in special session by Utah lawmakers is seeking a statewide referendum of the measure. Gina Cornia of Utahns Against Hunger is one of the supporters of the referendum. The opposition filed paperwork for the referendum yesterday and will have to gather nearly 116-thousand signatures by January 21st to get the measure on the ballot...

Governor Gary Herbert is calling together the Legislature for a vote on a tax reform bill.  Lawmakers will be in Salt Lake City tomorrow for a special session that will discuss making amendments to state law affecting taxes and revenue.  ...

A task force of state lawmakers is recommending the passage of a tax reform package that will result in a small income tax cut and new taxes on groceries and services. State Senator Lyle Hillyard of the Tax Restructuring and Equalization Task Force said last night that must be taken to remedy the state's current revenue imbalance...

Utah lawmakers are apparently determined to hold a special session of the legislature before the end of the year to approve a tax reform package. UtahPolicy.com says the lawmakers pushing the tax reform bill will work over the next few weeks to get the support of their colleagues...

Utah House Speaker Brad Wilson says a bill to revise the state tax code could be released by lawmakers as soon as tomorrow. Wilson said yesterday that the proposal to change the state's current tax structure would benefit all Utahns in one way...

Governor Gary Herbert is keeping the door open for a special legislative session to address tax reform.  During a news conference yesterday, Herbert said it's possible that lawmakers could meet in December to address a proposal that would expand the sales tax and increase the tax on food.  ...

Utah business owners are making it clear that they do not want any tax reform proposal that adds taxes on services. Bookkeeping business owner Julie Delong told state lawmakers last night that small business owners at a certain level should be exempt from any service taxes proposed by the Legislature...

As state lawmakers look to rework Utah's tax code, the Senate minority leader is pushing for a tax on soda and candy. Democrat Karen Mayne said that she wants to avoid a statewide sales tax on all food in Utah. Members of the Legislature will hold their first public meeting to discuss a number of tax proposals suggested by a special task force later today...