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BETTER ECONOMY

PUBLIC OPINION DATA

  • 93% of Utahns said the broad-based price increases are very or somewhat concerning

  • When asked to rate their feelings about the economy in the coming year, 54% of respondents statewide registered some level of pessimism

  • Asked if they were financially better or worse off than they were 12 months ago, 48% of Utahns polled said they were somewhat or much worse off.

  • 50% see Utah’s economic climate as “fair” or “poor.”

  • 75% of those polled said their pay was simply not keeping up with inflation.

  • Creates individual income tax brackets with higher marginal tax rates for individuals and entities with higher incomes.

  • Levels the playing field for state employees by creating an option to obtain judicial review of denied benefit decisions by trial de novo in the district court.

  • This bill modifies provisions relating to property tax relief for people on a fixed income below particular income thresholds, commonly known as "circuit breakers."

  • This bill modifies provisions governing post-retirement reemployment. Creates an alternative method for a retiree within the Utah Retirement Systems (URS) to be eligible to return to work with a URS-participating employer and receive a retirement allowance. 

  • Requires the state’s disability plan for public employees to provide disability benefits for mental health conditions on the same conditions as for disabilities caused by physical impairment. 

  • Makes full-day kindergarten available for all local education agencies with an option for half-day kindergarten.

  • This bill modifies provisions related to the Tax Credit for Employment of Persons Who Are Homeless Act.

  • This bill enacts a state-earned income tax credit providing important tax relief for the lowest-income working Utahns.

  • This bill amends the Utah Minimum Wage Act to increase the minimum wage

  • This bill modifies the Utah Minimum Wage Act to increase the minimum wage for tipped employees.

  • This bill creates a tax credit for employers offering paid family and medical leave.

  • This bill modifies the Sales and Use Tax Act by amending provisions relating to the taxation of food and food ingredients and tax rates.

  • This bill modifies the Utah State Retirement and Insurance Benefit Act by amending postretirement reemployment provisions.

  • This bill enacts provisions related to post-employment restrictive covenants.

  • This bill provides free admission to state parks for certain disabled veterans.

  • This bill makes changes related to severance taxes.

  • This bill modifies the Utah Revised Business Corporation Act to allow for domestic corporations to transfer to another state.

  • This bill modifies the Employment Security Act by expanding unemployment benefits eligibility for military spouses under certain circumstances.

  • This bill increases the amount of litigation expenses a small business can collect when a court finds that a state action was undertaken without substantial justification.

  • This bill amends the Refundable Tax Credit Act to enact a refundable earned income tax credit.

LEGISLATIVE HIGHLIGHTS

Utah has one of the strongest economies in the country, and that’s because of our people. Utahns have always been hardworking and industrious, creative, and success-driven, but right now, the cost of living is simply too high for many Utahns struggling to afford basic necessities like groceries, gas, housing, and child care. Our leaders have a responsibility to invest in the future of our state by taking common-sense steps to reduce costs and overcome false choices so that all Utah families have the opportunity to thrive. Because of our economy and our people, Utah has become a place where hardworking families from all across the country want to come to build a life. We should be proud of that and continue to invest in our economy to ensure that we remain an example among states.

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As Governor, Brian King will support: 

  • Creating a progressive tax system to ensure that the wealthiest Utahns are paying their fair share

  • Investing in affordable early education and child care across the state so that Utah families have a safe, welcoming environment where their kids can learn and play

  • Giving small businesses the tools they need to grow and thrive

  • Creating economic development programs to reward innovation and bring good-paying jobs to communities all across the state

  • Repealing “right-to-work” laws and ensuring that every worker has the right to form or join a union

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