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 Table | FY 2014 | FY 2015 | FY 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: RLR | Office of the Legislative Fiscal Analyst |