Fiscal Note - State of Utah - 2013 General Session

SB0102 - Contractor Licensing Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce revenue to the Commerce Service Fund by $40,600 annually due to the repeal of the continuing education requirement. There would also be a savings of $35,400 to the Department of Commerce since they will no longer have to provide staff support and database maintenance for these courses. Spending from the Commerce Service Fund affects annual transfers to the General Fund.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund$0($5,200)($5,200)
Commerce Service Fund$0($35,400)($35,400)
   Total Revenue$0($40,600)($40,600)
    
Expenditure:   
Commerce Service Fund$0($35,400)($35,400)
   Total Expenditure$0($35,400)($35,400)
    
Net Impact, All Funds (Rev.-Exp.)$0($5,200)($5,200)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($5,200)($5,200)

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)):
Individual contractors could save $20 per continuing education course previously attended. The cumulative benefit to more than 2,000 individuals is estimated at $40,600.

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

2/6/2013, 7:33:48 AM, Lead Analyst: Wilko, A./Attny: PLAOffice of the Legislative Fiscal Analyst