Fiscal Note - State of Utah - 2014 General Session
HB0024S02 - Insurance Related Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would reduce appropriations from the Insurance Department Restricted Account by $403,500. Spending from the Insurance Department Restricted Account affects annual transfers to the General Fund. As a result, revenue to the General Fund will increase by $403,500 ongoing beginning in FY 2015.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund | $0 | $403,500 | $403,500 |
| Restricted Funds | $0 | ($403,500) | ($403,500) |
| Total Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| Restricted Funds | $0 | ($403,500) | ($403,500) |
| Total Expenditure | $0 | ($403,500) | ($403,500) |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $403,500 | $403,500 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $403,500 | $403,500 |
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 likely will not result in direct, measurable expenditures by Utah residents or businesses.
Performance Note Required? (Joint Rule 4-2-404): No
| 2/28/2014, 10:15:24 AM, Lead Analyst: Wilko, A./Attny: PO | Office of the Legislative Fiscal Analyst |