Is Utah the most favorable state for small business? The minutes of the vote show that this may be the case

Yong Ito, owner of Itto Sushi in Midvale, prepares sushi for order on March 25, 2020. The Utah branch of the National Federation of Independent Business last week published the protocols for voting votes of US lawmakers on seven issues of small business importance. during the Utah Legislature session 2021-2022, which shows that Utah may be the most favorable for the small business state in the nation. (Christine Murphy, Deseret News)

Estimated reading time: 3-4 minutes

SALT LAKE CITY – Silicon Slopes attracts most of the fanfare and headlines, but Beehive is also home to a bustling small business scene fueled by legislation designed to support small businesses.

This idea was supported when the branch of the National Federation of Independent Business in Utah last week published the minutes of the vote of the state legislators on seven issues relevant to small business, taken during the session of the Utah legislature 2021-2022.

“The story I think our vote tells is that Utah as a whole is very good for small businesses, and we want people to know that,” said Casey Hill, Utah’s director of the National Federation of Independent Business.

Hill said 14 senators and 36 representatives had achieved perfect results in 100% of the vote.

“This means that of the seven bills we included in our voting follow-up tool, they voted 100%, seven to seven for these bills,” Hill said, adding that there were many additional politicians, six out of seven or they didn’t. are ranked in the scoreboard because they could not vote.

Having a legislature made up of people who are “not professional politicians, but people who pass laws and then have to go back to their area and live with the laws they passed” is a big reason Utah is so small, business-friendly condition, Hill said.

“When 74% of the (full) legislature has 80% or more small business voting data, I believe it will be difficult for any other state to compare or beat that,” Hill said.

He added that many lawmakers are either small business owners themselves or have participated in small business in some capacity and on a personal level.

“They understand the challenges a small business owner faces,” Hill said.

Nine other senators and 18 representatives accumulated records of votes in the 80th percentile, while the lowest result in the Senate was 71% and the lowest result in the House of Representatives was 43%.

“Overall, our state is very supportive of small business and has done a lot to try to reduce taxes, reduce regulatory burdens and encourage business growth in Utah,” Hill said. “You see, this is affecting our country’s economy … we came back from the pandemic faster than most states and we came back stronger than most states.”

This has led to problems that come as a result of a thriving business landscape and one that Utah residents have become very familiar with lately: Growth.

“The growth and needs that are created by the growth through infrastructure and some of the labor challenges we face are all really positive issues that we have and reflect the legislature that has made some very good decisions over the last many years,” he said. Hill.

However, the growing population, which is a challenge for Utah counties, cities and towns, is also a challenge for small businesses.

The ever-growing population can lead to other problems with wooden joinery. For Utah, this seems like a rising cost of living and a highly competitive housing market.

“One of the challenges small business owners face … they want to create a job and they want to grow and they want to move their business to the next level, but to find someone who can afford to live in the area. “Where their business location is can be a significant challenge,” Hill said.

Finding ways to reduce the cost of housing will be crucial to increasing the success of small businesses in Utah, he said.

“Those people who want to work for (small business), make sure they have the ability to afford to live in our state,” Hill said.

Related stories

Logan Stefanic is a reporter for KSL.com, covering communities in southern Utah, education, business and military news.

More stories that may interest you

Leave a Comment

Your email address will not be published.