Fiscal Note - State of Utah - 2013 General Session

SB0193 - Vehicle Registration Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill reduces revenue to the Off-Highway Vehicle Restricted Account by $7,300 in FY 2014 and $7,400 in FY 2015 and reduces Tax Commission dedicated credit revenue by $500 annually.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund Restricted$0($7,300)($7,400)
Dedicated Credits$0($500)($500)
   Total Revenue$0($7,800)($7,900)
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0($7,800)($7,900)
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

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 the registration costs for about 400 owners of off-highway/street legal vehicles by $19.75 per registration, or about $7,800 in FY 2014 and $7,900 in FY 2015.

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

2/19/2013, 11:00:42 AM, Lead Analyst: Young, T./Attny: SCHOffice of the Legislative Fiscal Analyst