Southern Utah News Articles
New tax bill S.B. 2001 is repealed
Gov. Gary R. Herbert, President J. Stuart Adams and Speaker Brad Wilson issue the following statement regarding the full repeal of S.B. 2001:
“As elected officials, we are committed to crafting policy that addresses the challenges we face, enhances the quality of life for all Utahns and has the support of the public. In recent weeks, it has become clear that many people have strong concerns regarding legislation passed in December to restructure and revise our tax code. They expressed their concerns by signing a petition to include a referendum on the ballot later this year. We applaud those who have engaged in the civic process and made their voices heard. We are not foes on a political battlefield, we are all Utahns committed to getting our tax policy right. That work is just beginning.
When the 2020 general legislative session opens Monday, legislative leaders will introduce a bill to repeal the changes made in the special session. The intention is that the bill will be ready for the governor’s signature before the completion of the first week of the session. Once the repeal is signed into law, the legislature will begin work under the reinstated tax code to prepare the fiscal year 2021 state budget. Repealing S.B. 2001 will enable the legislature to draft the budget without the uncertainty of a referendum potentially changing the tax code midway through the budget year.
The original challenge we worked to address lies before us still. Crafting the right policy is critical to our state’s long-term success. Utah has never shrunk from a challenge, and working together, we will chart the right path forward. We will take time to reset and address this issue in the future in a way that allows all Utahns to fully understand the challenge we face, engage in the debate over the best solutions, and ultimately, enact policy that best positions Utah for decades to come.
We are elected to represent our constituents by understanding the issues we face as a state, debating proposed solutions and adopting the right policies. We are encouraged by the high level of interest in this issue and we hope those who signed their names to the petition – and all Utahns – will be engaged as we work together to craft the right policy.”