Utah Gov. Gary Herbert, faced with new estimates reflecting a $682 million surplus, called on lawmakers to double the already proposed tax cut from $80 million to $160 million.
“This year’s revenue estimates show that our economy continues to thrive,” Herbert said in a prepared statement. “This success is due to hardworking Utahns. Our continuing efforts to find efficiencies in state government and the success of our economy have helped produce another year of strong revenues."
Legislators have already set aside $80 million for a tax cut as part of their tax reform package, which is expected to be discussed a final time in a task force meeting Monday prior to a legislative special session that could take place Thursday.