SALT LAKE CITY, UTAH (March, 2019) – Derek Miller, president and CEO of the Salt Lake Chamber and Downtown Alliance, issued the following statement on Governor Herbert’s and Legislative Leadership’s decision today to push pause on HB 441, Tax Equalization and Reduction Act:
“After hearing from a number of our member businesses and listening to their concerns, we called upon the Governor and the Legislature to allow for more time for deliberation on efforts to modernize Utah’s tax code. We recognize a policy change of this magnitude requires a robust public process and ample discussion. For this reason, we’ve been working around the clock advocating on behalf of our members in calling for more time to allow for the review and dialogue this complex issue requires.
“As a statewide chamber, our mission is to represent Utah’s business community across multiple industries and to support fiscal stability that ensures our economic prosperity for the long term. Tax modernization will continue to be a top priority for the Salt Lake Chamber and we applaud the Governor’s and the Legislature’s efforts to update our tax system to stabilize our economy.
“We appreciate Representative Tim Quinn’s willingness to meet with several of our business leaders over the last couple of weeks and we look forward with continuing to work with him in crafting an effective solution. We are confident a robust process of collaboration, coordination and dialogue will result in a policy that broadens the base, lowers the rates and modernizes our tax system to secure Utah’s long-term economic success.”