Lawmakers address Governor Cox's priorities on housing energy and tax cuts

With just two weeks remaining in the legislative session, Utah lawmakers are focusing on Governor Cox's top three priorities: affordable housing, energy production, and tax relief for Social Security benefits.

Governor Cox has identified affordable housing as his first priority, with several bills in the House and Senate aimed at addressing this issue. These bills propose development incentives, accessory dwelling units, mortgage loans, zoning changes, and increased density. However, many of these proposals have encountered significant opposition from cities and towns, complicating efforts to reach a consensus. Lawmakers are currently revising some of these bills in hopes of advancing them.

The second priority is energy production, with legislation that seeks to promote new resource development, including nuclear and geothermal power. Representative Karl Albrecht, who sponsors one of the bills, emphasized that it aims to create a comprehensive framework for all energy projects in Utah. This includes establishing a nuclear energy consortium and the Utah Energy Council, aligning with Governor Cox's goal of increasing energy generation over the next decade.

Lastly, the governor's push to repeal the state income tax on Social Security benefits is also underway. Two bills propose a complete repeal, while a third bill seeks to expand eligibility for tax credits. However, these bills are currently stalled in the rules committee, awaiting funding. Senator Wayne Harper, one of the sponsors, noted the uncertainty surrounding what will ultimately be included in the final budget, highlighting ongoing discussions among lawmakers.

As the session progresses, the outcomes of these priorities will be closely watched, with potential implications for Utah's housing market, energy landscape, and tax policies.