Fiscal Note - State of Utah - 2011 General Session

SB0024 - Motor Vehicle Division Fee Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill shifts certain electronic payment fee revenue within the Division of Motor Vehicles and the Motor Vehicle Enforcement Division from Dedicated Credits to General Fund Restricted. The new fund and appropriations are authorized as nonlapsing. The bill also takes the value of the Tax Commission's portion of the license plate fee out of statute. Revenue from the license plate fee is authorized as nonlapsing. The fee would be subject to approval of the relevant appropriations subcommittee.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
General Fund Restricted$0$6,886,300$7,574,900
Dedicated Credits$0($6,886,300)($7,574,900)
   Total Revenue$0$0$0
    
Expenditure:   
General Fund Restricted$0$6,886,300$7,574,900
Dedicated Credits$0($6,886,300)($7,574,900)
   Total Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0$0$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

1/6/2011, 8:51:33 AM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst