Fiscal Note - State of Utah - 2013 General Session

SB0192 - Economic Development Incentives Act Amendments

State Government (UCA 36-12-13(2)(b)):
Depending on the timing of construction, enactment of this bill may forgo up to $5,000,000 in Education Fund annually beginning in FY 2014.

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)):
Depending on the timing of construction, enactment of this bill may decrease the amount of tax paid by eligible businesses by $5,000,000 annually beginning in FY 2014.

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