Fiscal Note
HB0141 - Health Insurance and Health Care Payment Amendments
State Impact:
Enactment of this bill would require an appropriation of $131,800 to the Attorney General in FY 2009 in order to implement the enforcement provisions of the bill. The enforcement costs of this bill could be significantly greater in future years. The Tax Commission would require an ongoing appropriation beginning in FY 2010 for increased costs related to the publication of the tax forms and instructions.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $131,800 | $131,800 | $0 | $0 | $0 |
| General Fund, One-Time | $0 | ($131,800) | $0 | $0 | $0 | $0 |
| Total | $0 | $0 | $131,800 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for businesses or local governments. Individuals will be required to carry catastrophic health insurance. Individuals carrying this insurance through the HIP Utah pool will see greater required deductibles.
| 1/30/2007, 5:45:49 PM, Lead Analyst: Wilko, A. | Office of the Legislative Fiscal Analyst |