Fiscal Note

HB0422S01 - Prerequisites for Utah Entering an Agreement to Divide Groundwater with Another State

State Impact:
Enactment of this bill will require the following one-time appropriations for two years from the General Fund: for FY 2008 $217,000 to the Utah Geological Survey and $60,000 to the Division of Water Rights; for FY 2009 $150,000 to the Utah Geological Survey and $60,000 to the Division of Water Rights. If this bill and H.B. 134, School and Institutional Trust Lands Amendments both pass, the fiscal impact on H.B. 422 will be reduced due to intent language included in H.B. 422, allowing the funding from H.B. 134 to be used by the Utah Geological Survey to satisfy the requirements in H.B. 422.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund, One-Time$0$277,000$210,000$0$0$0
   Total
$0

$277,000

$210,000

$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 individuals, businesses, or local governments.

2/15/2007, 9:56:57 AM, Lead Analyst: Djambov, I.Office of the Legislative Fiscal Analyst