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The peer-to-peer economy is playing an increasingly vital role in the economy and the everyday life of Utahns. In fact, a majority of Utahns will be participating in the sharing economy in some way. Apps like Doordash, UberEats, Taskrabbit (for handymen), Rover (for dog-sitters), and many more allow a wide range of skills, time, and energy to be put to use.
Utah’s business climate and friendliness to entrepreneurs are vital to creating an environment that encourages economic mobility. Representative Robert Spendlove understands this crucial fact. He is running House Bill 439, which seeks to avoid regulating gig economy companies like Uber or peer-to-peer car rental companies like Turo in the same fashion as traditional car rental companies. This is important because they are, in fact, radically different business models. It does not make sense to regulate them in the same fashion.
As our economy transforms, the policies pursued and regulations enforced by governments can either encourage or hinder the ability of people to climb the ladder of economic opportunity. It is important Utah maintains a strong role in ensuring that the peer-to-peer economy remains as unhindered as humanly possible.
