Fiscal Note - State of Utah - 2013 General Session

HB0043 - Campaign Finance Reporting by Corporations

State Government (UCA 36-12-13(2)(b)):
Enacting this bill will cost the Lieutenant Governor's Office $44,000 in one-time General Fund in FY 2014 to reprogram the financial disclosure website and $30,000 in ongoing General Fund for half an FTE to implement, monitor, review, and enforce the new provisions.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue$0$0$0
    
Expenditure:   
General Fund$0$30,000$30,000
General Fund, One-Time$0$44,000$0
   Total Expenditure$0$74,000$30,000
    
Net Impact, All Funds (Rev.-Exp.)$0($74,000)($30,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($74,000)($30,000)

Local Governments (UCA 36-12-13(2)(c)):
Enacting this bill likely will not result in direct, measurable costs for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Some corporations may incur additional costs to comply with the additional data collection, reporting and notification requirements.

Performance Note Required? (Joint Rule 4-2-404): No

2/8/2013, 10:24:26 AM, Lead Analyst: Fay, B/Attny: TRVOffice of the Legislative Fiscal Analyst