Fiscal Note - State of Utah - 2013 General Session
SB0059 - Workers' Compensation Coordination of Benefits Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will increase expenditures from the General Fund one-time in FY 2014 for a full-time temporary position in the Department of Insurance to review and refile policy forms from health insurance companies. Spending from the Insurance Department Restricted Account affects annual transfers to the General Fund.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue: | |||
| General Fund, One-Time | $0 | ($46,600) | $0 |
| General Fund Restricted | $0 | $46,600 | $0 |
| Total Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| General Fund Restricted | $0 | $46,600 | $0 |
| Total Expenditure | $0 | $46,600 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($46,600) | $0 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($46,600) | $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 may increase one-time costs for insurance companies to refile policy forms removing exclusions for claims related to workers' compensation.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/6/2013, 6:05:18 PM, Lead Analyst: King, Z./Attny: CJD | Office of the Legislative Fiscal Analyst |