Fiscal Note - State of Utah - 2013 General Session

HB0051 - Professional Licensing Revisions

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may decrease revenue to the Factory Build Housing Restricted fund by $13,500 annually. Provisions of the bill would also reduce the cost to the Department of Commerce by $4,900 annually. Spending from the Commerce Service Fund affects annual transfers to the General Fund.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund$0$4,900$4,900
General Fund Restricted$0($13,500)($13,500)
   Total Revenue$0($8,600)($8,600)
    
Expenditure:   
Commerce Service Fund$0($4,900)($4,900)
   Total Expenditure$0($4,900)($4,900)
    
Net Impact, All Funds (Rev.-Exp.)$0($3,700)($3,700)
   Net Impact, General/Education Funds (Rev.-Exp.)$0$4,900$4,900

Local Governments (UCA 36-12-13(2)(c)):
Enactment of 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)):
Enactment of this bill would reduce the fee paid by an estimated 270 homeowners a year by $50 for a cumulative savings of $13,500 annually.

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

1/11/2013, 9:16:21 AM, Lead Analyst: Wilko, A./Attny: PLAOffice of the Legislative Fiscal Analyst