Smart regulation has an important role in our economy, but many business leaders are rightfully concerned about regulation and its impact. Regulations can impose substantial costs on businesses, often with little or no demonstrable benefit.
In 2011 under Gov. Gary R. Herbert's leadership, the state conducted a lengthy review of regulation affecting business. This analysis has become a model for nation, as demonstrated by the fact that Utah has been named among the top states for business for several years by organizations such as the US Chamber of Commerce Foundation. This evaluation, of nearly 2,000 regulations representing 99 percent of Utah’s rules, provides a proven framework for future regulation reform efforts. This comes in addition to the continued work of Utah’s federal delegation, Legislature and civic leaders to ease the regulatory burden and develop smart regulation.
To build on these successes and ensure Utah remains a top-state for business, the Salt Lake Chamber is excited to announce a quarterly Regulation Round Table Series as part of ongoing efforts to promote smart regulation.
Indicative of Utah’s “secret sauce” of collaboration, the Chamber has partnered all of the state’s federal delegation, Governor’s Office, economic development and planning stakeholders, as well as other associations, to bring a productive environment between government and business to discuss regulatory issues and productive solutions.
This roundtable will be facilitated by: the Salt Lake Chamber’s Policy Vice Chair, Chris Gamvroulas, Economic Development Chair, Jake Boyer and Executive Board Member, Vasilios Priskos, Former Chair of the Downtown Alliance.
The Regulation Round Table Series have been designed to be:
A FORUM FOR COLLABORATION: Representatives from economic development agencies and local, state and federal government to share their efforts to promote smart regulation and help troubleshoot individual issues.
REACH ALL LEVELS: No issue is too large or too nuanced. The round tables will welcome any issue local, state or federal to be discussed.
FIND COMMONALITY: We as a Chamber will look for trends or commonalities that affect the broader economy and business community to push for reform.
A modern, balanced, transparent regulatory system gives businesses the confidence they need to hire, invest and innovate. The Chamber looks forward to developing solutions and supporting local, state and federal regulatory reform efforts that reduce the burden on business, remove outdated or outmoded regulations and provide data-driven checks and balances.