Fiscal Note - State of Utah - 2014 General Session

HB0044S01 - Interstate Electric Transmission Lines

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Office of Energy Development $9,500 per year for staff time to review agreements or issue verification letters. This cost will be offset by fees that are authorized in the bill.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
Dedicated Credits$0$9,500$9,500
   Total Revenue$0$9,500$9,500
    
Expenditure:   
Dedicated Credits$0$9,500$9,500
   Total Expenditure$0$9,500$9,500
    
Net Impact, All Funds (Rev.-Exp.)$0$0$0
   Net Impact, General/Education Funds (Rev.-Exp.)$0$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)):
The Office of Energy Development anticipates charging a fee to applicants between $1,000 to $5,000 (depending on the complexity) per agreement reviewed or letter issued.

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

2/7/2014, 6:14:15 PM, Lead Analyst: Oh, A./Attny: VAOffice of the Legislative Fiscal Analyst