A state legislative panel heard hours of testimony Monday night on a tax overhaul plan as they considered forwarding it to a possible special session this week.
Monday’s meeting capped off months of public hearings and meetings held by the legislative task force assigned to update Utah’s tax code, balance the state’s revenue streams and ease the overall tax burden. The group entered Monday’s meeting with a drafted bill that would hike the sales tax on food and extract revenue from certain service transactions and motor fuel purchases, while making an array of income tax reductions that would yield an overall tax reduction.