Fiscal Note - State of Utah - 2013 General Session

SB0210 - Amendments Related to Use of Business Names

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would increase revenue to the Commerce Service Fund by $9,500 annually. Costs to the Commerce Department for implementation of the provisions of the bill would be $36,000 annually from the Commerce Service Fund. Spending from the Commerce Service Fund affects annual transfers to the General Fund.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund$0($26,500)($26,500)
Commerce Service Fund$0$36,000$36,000
   Total Revenue$0$9,500$9,500
    
Expenditure:   
Commerce Service Fund$0$36,000$36,000
   Total Expenditure$0$36,000$36,000
    
Net Impact, All Funds (Rev.-Exp.)$0($26,500)($26,500)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($26,500)($26,500)

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 could result in increased costs to individuals for document copies, certifications, and assumed name registrations. The cumulative cost for these services is estimated at $9,500.

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

2/21/2013, 9:30:06 AM, Lead Analyst: Wilko, A./Attny: POOffice of the Legislative Fiscal Analyst