Fiscal Note - State of Utah - 2014 General Session

HB0127 - Consumer Lending Amendments

State Government (UCA 36-12-13(2)(b)):
Beginning FY 2015, enactment of this bill could increase revenue to the General Fund Restricted - Financial Institutions Account by $33,000 per year.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
General Fund Restricted$0$33,000$33,000
   Total Revenue$0$33,000$33,000
    
Expenditure$0$0$0
    
Net Impact, All Funds (Rev.-Exp.)$0$33,000$33,000
   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)):
Beginning FY 2015, enactment of this bill could increase fees paid by approximately 176 entities for increased examination time by $33,000 statewide. Depending on the size of the entity, this increase could be between $0 and $3,000.

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

2/14/2014, 4:16:19 PM, Lead Analyst: King, Z./Attny: POOffice of the Legislative Fiscal Analyst