Fiscal Note - State of Utah - 2014 General Session
HB0112 - Regulation of Electronic Cigarettes
State Government (UCA 36-12-13(2)(b)):
The bill costs and generates dedicated credits of $70,000 in FY 2014, $200,000 in FY 2015, and $150,000 ongoing beginning in FY 2016 for the Department of Health for 2 FTEs to issue electronic cigarette product licenses and ensure compliance as well as creating a new database for issuing and maintaining licenses.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue: | |||
Dedicated Credits | $70,000 | $200,000 | $150,000 |
Total Revenue | $70,000 | $200,000 | $150,000 |
Expenditure: | |||
Dedicated Credits | $70,000 | $200,000 | $150,000 |
Total Expenditure | $70,000 | $200,000 | $150,000 |
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)):
About 1,700 people annually wishing to manufacture or sell an electronic cigarette product will pay a new fee of about $120 to generate total revenue of $70,000 in FY 2014, $200,000 in FY 2015, and $150,000 ongoing beginning in FY 2016.
Performance Note Required? (Joint Rule 4-2-404): No
2/11/2014, 4:58:20 PM, Lead Analyst: Frandsen, R./Attny: SJ | Office of the Legislative Fiscal Analyst |