Fiscal Note - State of Utah - 2014 General Session

HB0134S03 - Firearm Safety Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will reduce dedicated credit revenue to the Bureau of Criminal Identification (BCI) by $126,000 in FY 2015 and $132,000 in FY 2016 by reducing resident application fees by $5 for concealed firearms permits. This bill also appropriates $250,000 one-time from nonlapsing balances in the BCI to the General Fund Restricted - Firearm Safety Account and appropriates $70,000 one-time from the Firearm Safety Account back to BCI for the implementation and management of the Firearm Safety Program.

State Budget Detail TableFY 2014FY 2015FY 2016
Revenue:   
General Fund Restricted$0$250,000$0
Dedicated Credits$0($126,000)($132,000)
   Total Revenue$0$124,000($132,000)
    
Expenditure:   
General Fund Restricted$0$70,000$0
Nonlapsing Funds$0$250,000$0
   Total Expenditure$0$320,000$0
    
Net Impact, All Funds (Rev.-Exp.)$0($196,000)($132,000)
   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)):
Enactment of this bill likely will reduce resident initial concealed carry application fees by $5.

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

3/11/2014, 10:43:09 AM, Lead Analyst: Fay, B/Attny: LAKOffice of the Legislative Fiscal Analyst