Fiscal Note - State of Utah - 2014 General Session

HB0077 - Tax Credit for Home-schooling Parent

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could reduce revenue to the Education Fund by $2,800,000 annually.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
Education Fund$0($2,800,000)($2,800,000)
   Total Revenue$0($2,800,000)($2,800,000)
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0($2,800,000)($2,800,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($2,800,000)($2,800,000)

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 provide a taxpayer benefit of up to $500 per eligible student for an estimated 8,200 students.

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

2/20/2014, 10:21:26 AM, Lead Analyst: Wilko, A./Attny: RLROffice of the Legislative Fiscal Analyst