Fiscal Note - State of Utah - 2013 General Session
SB0247S01 - Amendments to Revenue and Taxation
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may increase the nexus and audit costs associated with the Multistate Tax Commission (MSTC) by $43,800 in FY 2015, with a $34,000 savings by eliminating the MSTC membership dues and travel. The Tax Commission has indicated that the $9,800 cost increase can be absorbed.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| General Fund | $0 | $4,900 | $4,900 |
| General Fund, One-Time | $0 | ($4,900) | $0 |
| General Fund Restricted | $0 | $1,900 | $1,900 |
| General Fund Restricted | $0 | ($1,900) | $0 |
| Education Fund | $0 | $3,000 | $3,000 |
| Education Fund, One-Time | $0 | ($3,000) | $0 |
| Total Expenditure | $0 | $0 | $9,800 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | ($9,800) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | ($7,900) |
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 likely will not result in direct, measurable expenditures by Utah residents or businesses.
Performance Note Required? (Joint Rule 4-2-404): No
| 3/7/2013, 5:16:51 PM, Lead Analyst: Young, T./Attny: RLR | Office of the Legislative Fiscal Analyst |