Fiscal Note - State of Utah - 2013 General Session

SB0236 - Uninsured and Underinsured Motorist Coverage Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would cost the Department of Insurance $8,500 one-time from the Insurance Department Restricted Account in FY 2013 to implement the provisions of the bill. Spending from the Insurance Department Restricted Account affects annual transfers to the General Fund.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue:   
General Fund, One-Time($8,500)$0$0
Restricted Funds$8,500$0$0
   Total Revenue$0$0$0
    
Expenditure:   
Restricted Funds$8,500$0$0
   Total Expenditure$8,500$0$0
    
Net Impact, All Funds (Rev.-Exp.)($8,500)$0$0
   Net Impact, General/Education Funds (Rev.-Exp.)($8,500)$0$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 likely will not result in direct, measurable expenditures by Utah residents or businesses.

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

2/27/2013, 4:28:37 PM, Lead Analyst: Wilko, A./Attny: SCHOffice of the Legislative Fiscal Analyst