Fiscal Note - State of Utah - 2013 General Session
SB0031 - Special Needs Adoption Tax Credit
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill reduces revenue to the Education Fund by $241,000 annually.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| Education Fund | $0 | ($241,000) | ($241,000) |
| Total Revenue | $0 | ($241,000) | ($241,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($241,000) | ($241,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($241,000) | ($241,000) |
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 reduces income tax liability for an estimated 241 filers by $1,000 per filer per year.
Performance Note Required? (Joint Rule 4-2-404): No
| 3/13/2013, 10:56:53 AM, Lead Analyst: Wilko, A./Attny: RLR | Office of the Legislative Fiscal Analyst |