Utah should be the easiest state to live, work, and raise a family. Our state is known for as one of the most business-friendly states in America, but there is more we can be doing to help small businesses, entrepreneurs, and new ventures succeed. Prosperity Utah’s Cutting the Red Tape: Reducing Barriers for Utahns initiative aims to make Utah’s market the freest and most open and dynamic economy in the world.
The Problem
Utah’s regulatory structure makes life more difficult for Utah citizens to get by, increases the financial strain on families, and stifles job growth and innovation. Utah has 88,000 regulations on the books. This is much more than competing states like Arizona & Nevada who each have 64,000 regulations and more than double Idaho’s 41,000. While our neighbors are leading the way, Utah’s burdensome regulation continues to be a primary source of high healthcare costs and a lack of affordable housing.
The Solution
Prosperity Utah’s regulatory reform effort seeks to change that. Our goal is to make Utah the least regulated state in the nation. We have a three-part plan to cut job-killing regulations, clean up our regulatory code, and unleash private sector prosperity like never before seen.
#1 CUT OCCUPATIONAL LICENSING REGULATIONS BY 25%
High occupational licensing requirements prevent our most needy communities from quickly finding employment and stability. They contribute little to public safety and increase costs to consumers. We call on the Utah legislature to pass the bipartisan Regulatory Reduction Pilot Program and reduce occupational licensing requirements by 25%.
#2 REMOVE OUTDATED REGULATIONS FROM THE UTAH CODE
Idaho recently became the least regulated state in the nation just by removing outdated regulations from their code. Things like payphone and horse racing regulations clutter our state code and increase compliance costs while decreasing enforcement efficiency. The state should review and repeal these outdated regulations.
#3 ENACT SUBSTANTIAL REGULATORY REFORM
Cutting occupational licensing and cleaning up our code are important changes but not sufficient. Utah needs to review and repeal our most burdensome regulations holding back growth and driving up costs with a special emphasis on healthcare, affordable housing, energy, and new business creation.
Utah is known as the most business-friendly and entrepreneurial state*. We need a regulatory code that compliments this reputation and allows us to maintain our edge while outpacing the rest of the pack. Prosperity Utah’s regulatory reform initiative will make Utah the least regulated state in the nation and become an example for other states to follow to unleash untold economic prosperity.
*Amazon’s 2019 Small Business Impact Report
MEDIA
Stay Up To Date
Keeping more of what you make
Your labor is your property. The tax burden today across all jurisdictions is higher than it’s ever been. This governmental confiscation of your property is far afield from the tenets of a free market, limited government economy. We recognize that governments need funding to operate, but its roles are defined and limited in our Constitution,…
Directing your own profession
You should be allowed to determine your own livelihood without onerous governmental regulation and coercion. Societies and individuals prosper when entrepreneurs are free to build, create, and discover without excessive regulations holding them back. Government has far too much say in how we can work and create enterprises. We seek to drastically reduce requirements related to…
Ownership of property
The right to own property is fundamental to a free society and must be protected and expanded. Through ownership, families can break cycles of poverty and build intergenerational wealth that expands opportunities for future generations, regardless of background or any other distinction. We seek to achieve the highest percentage of property & business ownership in the…
