Fiscal Note - State of Utah - 2013 General Session
SB0141 - Education Contribution on Tax Returns
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may increase revenue to the Uniform School Fund Restricted - Invest More for Education Account by $20,000 in FY 2014 and $25,000 in FY 2015.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| Uniform School Fund Restricted | $0 | $20,000 | $25,000 |
| Total Revenue | $0 | $20,000 | $25,000 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $20,000 | $25,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Depending upon legislative appropriation and individual income tax filer contributions, enactment of this bill may increase revenue to local education agencies by an anticipated $20,000 in FY 2014 and $25,000 in FY 2015.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Individual income tax filers may contribute a total of $20,000 in FY 2014 and $25,000 in FY 2015.
Performance Note Required? (Joint Rule 4-2-404): No
| 1/30/2013, 7:33:32 AM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |