Fiscal Note - State of Utah - 2013 General Session
SB0067 - Consumer Protection Revisions
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will reduce credit card convenience fee revenue to the state by approximately $300,000 annually.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| Dedicated Credits | $0 | ($276,000) | ($276,000) |
| Restricted Funds | $0 | ($24,000) | ($24,000) |
| Total Revenue | $0 | ($300,000) | ($300,000) |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($300,000) | ($300,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Local governments that charge a credit card convenience fee may be impacted.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Vendors will not be allowed to impose a surcharge on transactions paid for with a financial transaction card.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/11/2013, 10:48:31 AM, Lead Analyst: Wilko, A./Attny: CRG | Office of the Legislative Fiscal Analyst |