Fiscal Note - State of Utah - 2014 General Session
HB0134S04 - Firearm Safety Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill will reduce annual revenue collected by the Bureau of Criminal Identification (BCI) for concealed firearms permits by $126,000 and shift this revenue into the "Concealed Weapons Account." Enactment will also transfer $250,000 from BCI nonlapsing balances into the "Firearm Safety Account" and appropriate $70,000 ongoing from this account back to BCI to manage the Firearm Safety Program. This program will sunset July 1, 2018.
| State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
| Revenue: | |||
| General Fund Restricted | $0 | $3,721,000 | $3,471,000 |
| Dedicated Credits | $0 | ($3,597,000) | ($3,597,000) |
| Total Revenue | $0 | $124,000 | ($126,000) |
| Expenditure: | |||
| General Fund Restricted | $0 | $70,000 | $70,000 |
| Nonlapsing Funds | $0 | $250,000 | $0 |
| Total Expenditure | $0 | $320,000 | $70,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($196,000) | ($196,000) |
| 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
| 3/13/2014, 7:47:42 PM, Lead Analyst: Fay, B/Attny: LAK | Office of the Legislative Fiscal Analyst |