Utah’s legislature has passed a bill that would make it easier for the state’s small business owners to bill their customers.
The bill passed the Utah House on Wednesday, with a final vote expected Friday.
Businesses could now request a billings fee of between $2,000 and $5,000 per bill.
The fee could be used for other costs such as a state-paid security guard, security cameras, or a license plate reader.
Business owners could also request a $25 credit toward their first two bills if they provide receipts for at least $2 million in revenue, up to $500,000 for third-party billing, and $2.5 million for fourth-party billings.
Under the bill, bills will be billed online using a credit card with a six-month term.
They will also be billed by email if they exceed $500.
The new billings law would allow businesses to charge a fixed rate, which could be based on an estimate of how many business calls they get.
The bill will allow the state to waive a fee for small businesses.
Gary Herbert has said his administration has been working with businesses on the billings rules, and that he hopes the bill will help the state become more competitive with smaller businesses.
Utah has seen an uptick in small businesses in recent years, particularly in the state capital, Salt Lake City, where a recent survey found that 80 percent of Utahns have a small business.
More than 1,100 businesses, including restaurants, grocery stores, and hardware stores, signed up for small business loans from the state.