Fiscal Note - State of Utah - 2013 General Session
HB0169 - Licensing Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would increase revenue to the Commerce Service Fund by $3,500 in FY 2014 and by $5,900 in FY 2015. Costs to the Department of Commerce to implement the provisions of the bill would be $700 annually. Spending from the Commerce Service Fund affests annual transfers to the General Fund.
State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
Revenue: | |||
General Fund | $0 | $5,200 | $5,200 |
General Fund, One-Time | $0 | ($2,400) | $0 |
Commerce Service Fund | $0 | $700 | $700 |
Total Revenue | $0 | $3,500 | $5,900 |
Expenditure: | |||
Commerce Service Fund | $0 | $700 | $700 |
Total Expenditure | $0 | $700 | $700 |
Net Impact, All Funds (Rev.-Exp.) | $0 | $2,800 | $5,200 |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $2,800 | $5,200 |
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)):
An estimated 50 individuals will apply for the $70 license established in the bill resulting in a cumulative cost of $3,500. An estimated 50 individual will renew in year two at a cost of $47 for an additional cumulative cost of about $2,400.
Performance Note Required? (Joint Rule 4-2-404): No
3/5/2013, 8:07:36 AM, Lead Analyst: Wilko, A./Attny: PLA | Office of the Legislative Fiscal Analyst |