Fiscal Note - State of Utah - 2013 General Session

HB0063 - Severance Tax Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may decrease revenue to the General Fund by $8,250,000 in FY 2014, by $16,500,000 in FY 2015, and by $24,750,000 in FY 2016 if appropriated by the Legislature. There will be a corresponding increase in the permanent state trust fund of those same amounts.

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