Fiscal Note - State of Utah - 2014 General Session
HB0113S02 - Pharmacy Benefit Manager Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could increase license revenue to the Commerce Service Fund by $3,000 annually. Costs to the Commerce Department process, track, notify applicants, and mail applications could be $2,000 annually from the Commerce Service Fund.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund | $0 | $1,000 | $1,000 |
| Commerce Service Fund | $0 | $2,000 | $2,000 |
| Total Revenue | $0 | $3,000 | $3,000 |
| Expenditure: | |||
| Commerce Service Fund | $0 | $2,000 | $2,000 |
| Total Expenditure | $0 | $2,000 | $2,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $1,000 | $1,000 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $1,000 | $1,000 |
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)):
Pharmacy benefit managers could pay annual fees of $100.
Performance Note Required? (Joint Rule 4-2-404): No
| 3/4/2014, 1:41:26 PM, Lead Analyst: Wilko, A./Attny: CJD | Office of the Legislative Fiscal Analyst |