Fiscal Note - State of Utah - 2013 General Session

HB0139 - Science, Technology, Engineering, and Mathematics Action Center

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill appropriates $15,000,000 ongoing General Fund, $14,000,000 of which would go to a General Fund Restricted Account that does not exist, and $1,000,000 of which would go to the State Office of Education for grants to school districts and charter schools for STEM related career and technical education courses.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund Restricted$0$14,000,000$14,000,000
   Total Revenue$0$14,000,000$14,000,000
    
Expenditure:   
General Fund$0$15,000,000$15,000,000
   Total Expenditure$0$15,000,000$15,000,000
    
Net Impact, All Funds (Rev.-Exp.)$0($1,000,000)($1,000,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($15,000,000)($15,000,000)

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill authorizes $1,000,000 for grants to local education agencies for STEM courses.

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): Yes

2/19/2013, 8:17:44 AM, Lead Analyst: Young, T./Attny: AOSOffice of the Legislative Fiscal Analyst