Fiscal Note - State of Utah - 2013 General Session

HB0067 - Personal Property Taxation Revisions

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could result in a $2,300,000 shift in taxes between classes of property in the current calendar year.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill could result in a $2,300,000 aggregate shift between taxpayer. Individual impacts will vary by taxpayer.

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